710 S Alma St is a luxury non-rent controlled fourplex in Downtown San Pedro (minutes from the water)! This property boasts a projected 5.92% cap rate, NO RENT CONTROL, all separate meters, and premium finishes! Enjoy the an incredible price per door of $648,750 on this property! New constructions are INCREDIBLY RARE in this amazing coastal community! This if your chance to purchase new construction at a sky-high return in an area that is gentrifying rapidly. 710 S Alma St is made up of two 4b/3.5b units and two 4b/3b units with charming fenced in front yards. All tenants enjoy two parking spots (one garage spot and one exterior spot) with gated alley access! The floorplans and parking setup are optimal for attracting premium tenants. This property is situated in ultra-trendy Downtown San Pedro, 5 minutes from the San Pedro Waterfront and the countless hotspots in the area, including Cabrillo Beach, White Point Beach, 22nd St Park (18 acre waterfront park), and much more! Now is the time to place your money in high quality, tangible real estate as opposed to letting your money sit in the bank!
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