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Peter Lorimer

peter@plgestatesinc.com +1(310) 666-7383

$ 7,300,000

Est. payment | -/mo

0.48 Acres Lot

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$ 7,300,000

Est. payment | -/mo

Save

0.48 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26219182

HOA Y/N No

Year Built 1974

Lot Size 0.482 Acres

Property Sub-Type Apartment

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.

Location

State CA

County Los Angeles

Area 180 - Palisades

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Concrete, Direct Access, Electric Gate, Garage, Gated, Storage

Garage Spaces 36.0

Garage Description 36.0

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Storm Drain(s), Street Lights, Sidewalks, Park

Total Parking Spaces 36

Private Pool No

Building

Lot Description Near Park

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7463017017

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Shane Young Younglewin Advisors, Inc. 562-556-1118, DRE #01963090

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(310) 666-7383

peter@plgestatesinc.com

951 W 26th San Pedro, CA 90731

Peter Lorimer

Key Details

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951 W 26th