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2505 2509 S Denison Avenue

San Pedro, CA 90731

– beds
– baths
– sqft
11,286 sqft lot
1958 build
– on site

We are pleased to present our latest investment opportunity located at 2505-2509 South Denison Avenue in San Pedro. The property features 14 units with a mix of (12) 1 Bed/1 Baths and (2) Studios. This property is an investor’s dream with great cash flow upside potential. It has been professionally managed for over 20 years and has gone through many upgrades. It is priced right as well, at less than a 10 GRM and close to a 7% Cap Rate on day one! Located in the Point Fermin neighborhood, the property is on a nice, quiet street, close to Cabrillo Beach and the Marina! The property is comprised of two separate buildings on a large 11,286 square foot lot. The units are individually metered for electricity and master metered for gas (some tenants do pay RUBS as well). There is onsite laundry available for tenants (owned) as well as ample, convenient parking. The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Listed By CRMLS_CA / Josh Cohen / Keller Williams South Bay / 310-480-2130

Last checked: Checking… • Last updated Mar 19, 2025 •

MLS# SB25060199 —

The Building

Year Built:

1958
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

6774.00
Building Area Units:

Square Feet
Total Number Of Units:

14
# of Buildings:

2
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

2
# of Separate Electric Meters:

16

Interior

Levels:

Two
Entry Location:

Front
Laundry:

Common Area
Laundry:

1

Location

Directions:

On denison
Latitude:

33.72147300
Longitude:

-118.28912800

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD1.5
Lot Features:

Level with Street
Lot Size Area:

11286.0000
Lot Size Acres:

0.2591
Lot Size SqFt:

11286.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

7465010012
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2976.02
Tax Tract:

5703
Tax Lot:

17

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7465010011

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Listed / Active	CRMLS_CA	$2,550,000
5/7/24 May 7, 2024	Listed / Active	CRMLS_CA

Multifamily For Sale

$2,550,000

Listing provided by broker:

Josh Cohen

Keller Williams South Bay

310-480-2130

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This multifamily located in Harbor, Los Angeles, CA 90731 is currently for sale for $2,550,000. 2505 2509 S Denison Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 9 days. 2505 2509 S Denison Avenue is in the Harbor neighborhood of Los Angeles and has a WalkScore® of 76, making it very walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams South Bay. Based on information from California Regional Multiple Listing Service, Inc. as of 06:00 on Mar 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.