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$980,000
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Property Description
Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building.
Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
Full Property Details
Full Property Details for 252 W 11th
General
- Sold For: $980,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25232251
- Added to Site: 127 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Concrete
- Parking: Concrete
Location
- Area: 185 - Plaza
- County: Los Angeles
- Development Name: 185 - Plaza
- Driving Directions: North of 11th, East of S Centre St
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,234
- Year Built: 1914
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1551
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $303.03
- Price Per Unit: 199000
Listed by Buckingham Investments, Inc, Anthony Walker and Buckingham Investments, Inc, Josh Ess
Sold by PARTNER Real Estate, Janet D-Martinez
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Schools
Schools serving 252 W 11th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fifteenth Street Elementary School 1527 S. Mesa St., Los Angeles, CA 90731 | K-5 | 0.4 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 0.8 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 252 W 11th
Date
Details
Price
Change
Source
12/18/2025
Sold
$980,000
-1.51%
MLS
10/03/2025
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
252 W 11th, San Pedro, CA 90731 (MLS# SB25232251) is a Multi-Family property that was sold at $980,000 on December 18, 2025. Want to learn more about 252 W 11th? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

