951 W 26th, San Pedro, CA 90731

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Listed by Shane Young, from Younglewin Advisors, Inc.
(If provided) CoList: from

List Price
$7,300,000
MLS#
CRPW26219182
Status
ACTIVE
Levels
Three or More Stories
Lot Size
20,978
Listing Area
180 - Palisades
Year Built
1974

Property Description

Offered for the first time since it was built, El Prado is a 26-unit building in San Pedro's Palisades neighborhood, bordering Vista Del Oro. Built in 1974 and cared for by the original developer, the property has quality construction, an elevator, a common sun deck, 36 secured parking spaces, private storage, bike storage and an owned laundry room. Every unit has a private balcony, many with views of Catalina and Miraleste Hill, and the SB 721 balcony work is complete. The mix includes (16) 1/1, (5) 2/1, (2) 2/2, (2) 3/2 and (1) 2/1.5 townhome on a 20,974 SF lot. Rents are well below market, with one-bedrooms averaging $1,522 vs. $2,524 for nearby comps. Former owner-used garages and storage offer ADU potential. Not flagged by LADBS as a soft-story building. About 3 minutes from the Stairway to the Ocean, beach and tide pools.

Additional Information

Garage Parking
Storage - RV, Garage, Gate / Door Opener, Other
Laundry Facilities
Laundry Area
Levels
Three or More Stories
Lot Size
20,978
Neighborhood
180 - Palisades
Pool Description
None
Unincorporated Yn
Yes

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