949 West 26th Street
- Superior 1974 Construction Quality
- First Time Ever Available For Sale
- Exceptionally Cared for by Original Developer
- Unbeatable Location in San Pedro – Palisades Neighborhood, Bordering Vista Del Oro
- 3 Min. from San Pedro’s Famous “Stairway to the Ocean” Featuring Beach and Tide Pools
- Private Balconies in Every Unit with Views of Catalina and Miraleste Hill (AB 721 Balcony Work Completed)
- 36 Secured Parking Spaces + Private Storage for Tenants + Ample Bike Storage
- Onsite, Owned Laundry Generating $8,016 Annually
- Elevator for Tenants’ Convenience (Serviced Monthly)
- Common Area Sun Deck for Tenants’ Enjoyment
- Convert Previously Owner-Used Garages and Storage to ADUs or Lease As-Is
- 71% Upside in NOI via Strategic Value Add Program
- $1.6M First-Year Depreciation Write-Off via Cost Segregation & 100% Bonus Depreciation (Estimated for Qualified Real Estate Professionals)
Property Description
Rare 26-Unit Opportunity in San Pedro
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $7,300,000 |
| No. of Units: | 26 |
| Lot Size: | 20,974.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $280,769 |
| Property Website | Click Here |
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