537 10 Street, San Pedro, CA 90731
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Listed Price :
$1,995,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1964
Property Description
537 W 10th St presents an exceptional investment opportunity with development potential in the heart of San Pedro. Currently comprised of a triplex alongside an adjacent lot, the property comes with Ready-to-Issue (RTI) plans for the construction of an additional 9 units, promising significant upside in rental income.
The existing triplex features (3) 2-bedroom/1-bathroom units, while the proposed construction will introduce (6) brand new 2-bedroom/2.5-bathroom units alongside (3) 1-bedroom/1-bathroom Accessory Dwelling Units (ADUs) through garage conversions. With a total lot size of 13,505 square feet, comprising 2,932 square feet for the existing triplex and an additional 7,544 square feet for the proposed construction, this property offers a great opportunity for any developer.
Nestled in San Pedro, within walking distance of vibrant retail and dining on 7th Street - including multiple breweries and highly rated restaurants - and conveniently situated between popular locales like Long Beach and Rancho Palos Verdes, 537 W 10th Street resides in a promising market for investors and developers alike. With a mix of existing units and planned new construction, it offers a lucrative opportunity to capitalize on development potential and maximize returns.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
537 10 Street |
City |
San Pedro |
State |
CA |
Zip |
90731 |
County |
Los Angeles |
Listing Agent |
Woody Stahl DRE #01399621 |
Co-Listing Agent |
Brett Lyon DRE #01717818 |
Courtesy Of |
Lyon Stahl Investment Real Est |
List Price |
$1,995,000 |
Status |
Hidden |
Type |
Residential Income |
Subtype |
Commercial/Residential |
Structure Size |
N/A |
Lot Size |
13,505 |
Year Built |
1964 |
Listing information courtesy of: Woody Stahl, Brett Lyon, Lyon Stahl Investment Real Est. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 15th, 2024 at 1:59 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.