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Closed
- Listed price
- $1,099,000
- Listed Oct 8, 2023
- Sold price
- $1,050,000
- Sold Dec 14, 2023
4,502 sqft lot|1921 Built|28 MLS days on market
1715 S Cabrillo Ave, San Pedro, CA 90731
Property Description
Don't miss this opportunity to bolster your investment portfolio with a prime 4-unit apartment building in this constantly growing seaside town. This property features two free-standing bungalows and separate duplex, currently bringing in close to a 5% cap rate in San Pedro's thriving real estate market. Strong current cash flow, an excellent appreciation potential, and value-add opportunities make this property a winning addition to your portfolio. Unlimited investor potential... add coin-op laundry facility, possible ADU for additional revenue, & rental increases over time. No lapses in rent payment throughout Covid. Public transportation nearby. Total current rents of $5,947 monthly. Each unit has its own gas & electric meter. Owner currently pays water & gardener. Just a few minute stroll from the Ports O’ Call Village Waterfront! The second phase of this Multi-Million dollar LA Waterfront revitalization project now under way. This will bring 42 acres of new restaurants, shopping, outdoor amphitheater, office space, entertainment and dog parks... perfect for future increased rental demand and value add. 2 - 2 bedroom, 1 bath units 1 - Studio, 1 bath freestanding bungalow 1 - Studio, 1 bath freestanding bungalow Buyer to satisfy their own investigations for all current revitalization projects, details of LA City regulations, and RSO.
Listing agent: Kristofer DentonDRE #01956052kris@dentonanddenton.com, Listing office: Bayside
MLS data updated 11/3/2026, 1:48:06 PM PT
Source: CRMLSMLS #: SB23186883
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,050,000
Dec 14, 2023
Available records22023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,050,000Closed sale · Dec 14, 2023ZIP 90731 · Dec 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsOct 8, 2023 – Dec 14, 2023
ZIP 90731 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.