$7,300,000
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.
Listed by Shane Young with Younglewin Advisors, Inc.
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
PW26219182
Year Built
1974
Building Size
21,733 sq ft
Units
26
Lot Size
0.48 acres
Click to interact with map
1505 S Catalina, Redondo Beach
Listed by Joseph Nuzzolo with Thompson Team Real Estate, Inc.
1225 W 166th, Gardena
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
14110 Yukon, Hawthorne
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
103 Paseo De La Playa Dr, Redondo Beach
Listed by Amy White with Estate Properties
14715 Chadron, Gardena
Listed by Pat Swanson with Pat Swanson
17100 Downey Ave, Bellflower
Listed by Mark Bridge with Mark Bridge, Broker
515 W 3rd, Long Beach
Listed by Mike Marcu with Mike Marcu, Broker
12705 Kalnor, Norwalk
Listed by DELIMIRO CEJA with CENTURY 21 REALTY MASTERS
