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1120 S Leland Street

San Pedro, CA 90731
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 177 Days
  • ID#: SB25129325
Under Contract
UPDATED: 120 min ago
$2,500,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Tyler Dibernardo of DiBernardo Realty (310-832-4572) and Fred Dibernardo of ()


Description

NO LA CITY RENT CONTROL. PROPERTY HAS A 1980 CERTIFICATE OF OCCUPANCY. SUPER CLEAN 8-Unit Apartment Building in the Highly Desirable Vista Del Oro Neighborhood –BRAND NEW ELECTRICAL SERVICE HAS BEEN INSTALLED TO ALLOW COMPETITIVE INSURANCE RATES. Located in the sought-after Vista Del Oro neighborhood, this 8-unit apartment building offers a rare investment opportunity in one of San Pedro's most coveted areas. With its prime location just minutes from picturesque parks, schools, local dining, and shopping, this property benefits from a strong rental demand and a highly desirable community atmosphere. The building is not subject to LA City rent control, providing the new owner with increased flexibility in rent pricing and long-term growth potential. Vista Del Oro’s charming, residential vibe, combined with easy access to the coast and major freeways, makes it an ideal location for both tenants and investors seeking stability and upside. Whether you are expanding your portfolio or entering the multi-family market, this property offers a unique chance to own in a neighborhood that’s known for its character, convenience, and strong sense of community. Don’t miss the opportunity to acquire a well-positioned asset in this vibrant part of San Pedro.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/165007779
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1120 S Leland Street San Pedro, CA 90731

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 177 Days
  • Updated: 120 min ago
  • ID#: SB25129325
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1980
Built
Neighborhood:
183 - Vista Del Oro
County:
Los Angeles
Area:
183 - Vista Del Oro
Property Description
NO LA CITY RENT CONTROL. PROPERTY HAS A 1980 CERTIFICATE OF OCCUPANCY. SUPER CLEAN 8-Unit Apartment Building in the Highly Desirable Vista Del Oro Neighborhood –BRAND NEW ELECTRICAL SERVICE HAS BEEN INSTALLED TO ALLOW COMPETITIVE INSURANCE RATES. Located in the sought-after Vista Del Oro neighborhood, this 8-unit apartment building offers a rare investment opportunity in one of San Pedro's most coveted areas. With its prime location just minutes from picturesque parks, schools, local dining, and shopping, this property benefits from a strong rental demand and a highly desirable community atmosphere. The building is not subject to LA City rent control, providing the new owner with increased flexibility in rent pricing and long-term growth potential. Vista Del Oro’s charming, residential vibe, combined with easy access to the coast and major freeways, makes it an ideal location for both tenants and investors seeking stability and upside. Whether you are expanding your portfolio or entering the multi-family market, this property offers a unique chance to own in a neighborhood that’s known for its character, convenience, and strong sense of community. Don’t miss the opportunity to acquire a well-positioned asset in this vibrant part of San Pedro.
Exterior Features

Entry Level 1 Entry Location Street Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Parking Features Underground Parking Total 14 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.14 Common Interest None Community Features Suburban Electric Expense 2220 Fuel Expense 2100 Garage YN Yes Gross Income 178632 Gross Scheduled Income 178632 Insurance Expense 6500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 1500 Net Operating Income 126435 New Construction YN No New Taxes Expense 30737 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 52197 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 12636 Trash Expense 4800 Water Sewer Expense 5100 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
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Visalia CA, 93291
Listing Agent(s): Tyler Dibernardo of DiBernardo Realty (310-832-4572) and Fred Dibernardo of ()