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Listed by Jim Porter, DRE #01266035 • Porter Heritage
$ 2,080,000
Est. payment /mo
Price Dropped by $215K
2401 S Denison AVE San Pedro, CA 90731
6,081 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26054681
Style Traditional
Year Built 1972
Lot Size 6,081 Sqft
Source California Regional MLS
Property Description
Great investment opportunity! This well-maintained multifamily property presents a rare chance to acquire a strong income asset in San Pedro. The offer includes two parcels, 2401 S. Denison Ave (7465-010-032) and 2405 S. Denison Ave (7465-010-033), each improved with a seven (7)-unit building, for a total of 14 units. All units are one-bedroom, one-bath, and many feature tile flooring. The property has been well maintained with an onsite manager and is ideally located close to major freeways and shopping. Recent improvements include new roofs (2025), upgraded electrical panels (2025), and fresh exterior paint (2025). Tenants benefit from a shared laundry room and 14+ on-site parking spaces for resident use. This is the first time the property has been on the market since 2004, offering investors a compelling opportunity to acquire a stabilized asset with long-term ownership history. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Rooms
Kitchen Garbage Disposal, Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Carport , Uncovered Parking
Garage Spaces 14.0
Pool None
View Local/Neighborhood
Roof Type Composition
Building
Lot Description Grade - Gently Sloped
Foundation Concrete Slab
Water Hot Water, District - Public
Architectural Style Traditional
Others
Tax ID 7465010032
Special Listing Condition Not Applicable
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