537 West 10th Street
537 West 10th Street
$1,995,000
6
3
2,923
2,923
$683
Description
537 W 10th St presents an exceptional investment opportunity with development potential in the heart of San Pedro. Currently comprised of a triplex alongside an adjacent lot, the property comes with Ready-to-Issue (RTI) plans for the construction of an additional 9 units, promising significant upside in rental income. The existing triplex features (3) 2-bedroom/1-bathroom units, while the proposed construction will introduce (6) brand new 2-bedroom/2.5-bathroom units alongside (3) 1-bedroom/1-bathroom...537 W 10th St presents an exceptional investment opportunity with development potential in the heart of San Pedro. Currently comprised of a triplex alongside an adjacent lot, the property comes with Ready-to-Issue (RTI) plans for the construction of an additional 9 units, promising significant upside in rental income. The existing triplex features (3) 2-bedroom/1-bathroom units, while the proposed construction will introduce (6) brand new 2-bedroom/2.5-bathroom units alongside (3) 1-bedroom/1-bathroom Accessory Dwelling Units (ADUs) through garage conversions. With a total lot size of 13,505 square feet, comprising 2,932 square feet for the existing triplex and an additional 7,544 square feet for the proposed construction, this property offers a great opportunity for any developer. Nestled in San Pedro, within walking distance of vibrant retail and dining on 7th Street - including multiple breweries and highly rated restaurants - and conveniently situated between popular locales like Long Beach and Rancho Palos Verdes, 537 W 10th Street resides in a promising market for investors and developers alike. With a mix of existing units and planned new construction, it offers a lucrative opportunity to capitalize on development potential and maximize returns.
- Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est • woody@lyonstahl.com
- Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 537 West 10th Street
Parking Spaces Total
3
Private PoolNo
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2923
Assessor Parcel Number7454-012-029
Property Attached YNtrue
Location
LISTING UPDATED: 04/15/2024 06:59 AM
Property Details for 537 West 10th Street
Status | Active |
---|---|
MLS # | PW24066643 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.31 AC / 13,505 SF |
County | Los Angeles County |
Location
Building Information for 537 West 10th Street
Stories2Residences-Year Built1964Building Size-Lot Size0.31 AC / 13,505 SF
Payment Calculator
$12,485 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 537 West 10th Street
Property History for 537 West 10th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 537 West 10th Street
Taxable ValueLand$845,000Additions$695,000Total$1,540,000
Tax Record2023$19,166 ($1,597 / month)
Home Facts
Total Finished SqFt2,923 SqFtAbove Grade Finished SqFt2,923 SqFtLot Size13,505 SqFtStyleTriplexYear Built1964ZoningLARD1.5CountyLOS ANGELESAPN7454-012-029
Schools near 537 West 10th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cabrillo Avenue Elementary School PublicK to 5 | ||
Richard Henry Dana Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
Port Of Los Angeles High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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