2505 2509 S Denison Avenue, San Pedro, CA 90731 - Berkshire Hathaway HomeServices California Properties
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2505 2509 S Denison Avenue, San Pedro, CA 90731

$2,550,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Josh Cohen | josh@cohengroupla.com
Lic#: 01346713
Broker: Courtesy of Keller Williams South Bay

Agent Remarks

We are pleased to present our latest investment opportunity located at 2505-2509 South Denison Avenue in San Pedro. The property features 14 units with a mix of (12) 1 Bed/1 Baths and (2) Studios. This property is an investor’s dream with great cash flow upside potential. It has been professionally managed for over 20 years and has gone through many upgrades. It is priced right as well, at less than a 10 GRM and close to a 7% Cap Rate on day one! Located in the Point Fermin neighborhood, the property is on a nice, quiet street, close to Cabrillo Beach and the Marina! The property is comprised of two separate buildings on a large 11,286 square foot lot. The units are individually metered for electricity and master metered for gas (some tenants do pay RUBS as well). There is onsite laundry available for tenants (owned) as well as ample, convenient parking. The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Listing Details

Property type: Apartment (Multi-Family)
Status: Pending
MLS# SB25060199
Price: $2,550,000
Beds: 0
Baths: 0
Built in 1958
2 stories
0.26 acres
Lot size: 0.2591
County: Los Angeles
Zoning: LARD1.5
Lot description: Street Level
MLS area: 180 - Palisades

Last Updated: 4/22/2025

 Days On Market (DOM): 34

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This listing belongs to the 180 - Palisades MLS area

Lat/Long: 33.721473, -118.289128.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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