We're pleased to present to market 1030 West 15th Street, an exciting value-add opportunity in San Pedro, California. This offering presents a new investor the rare opportunity to acquire and reposition an entire asset in a strong coastal rental market.

1030 West 15th Street is a 1925 construction that comprises four single-story one-bed/one-bath homes and a rear two-story building that contains one two-bed/one-bath unit above a garage, which a new investor may want to explore converting to an ADU (buyer to verify). The units are all separately metered for gas and electricity and feature attractive water-wise landscaping.

The property is well-located in San Pedro directly across from San Pedro High School. San Pedro is a dense coastal submarket that has seen numerous developments in recent years, spurred by the major West Harbor development project, a waterfront mixed-use destination slated to open in 2025.