537 West 10 Street 537 West 10 Street San Pedro, California 90731 United States
537 West 10 Street San Pedro, California 90731 United States
$1,995,000
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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...
- .31 Acres
- Exterior
- Residential Income
- Property type
- 1964
- Year Built
- PW24066643
- Web Id
- PW24066643
- MLS ID
- 27
- days ago
About 537 West 10 Street
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.
Listing Courtesy of Lyon Stahl Investment Real Est, Email/Phone : woody@lyonstahl.com
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Lyon Stahl Investment Real Est, Email/Phone : woody@lyonstahl.com
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
- Parking
- Garage
PROPERTY INFORMATION
- Community Info
- Biking
- Garage Info
- 3
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- Item25UnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 3
Listing Courtesy of Lyon Stahl Investment Real Est, Email/Phone : woody@lyonstahl.com