$6,000,000
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21 Beds
19 Baths
11,896 SqFt
SOLD DATE : 11/04/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 11,896 sqft
Price per Sqft $495
MLS Listing ID 22198705
Sold Date 11/04/22
Bedrooms 21
HOA Y/N No
Year Built 1959
Property Description
The South Shores Manor is a 19-unit legacy asset situated in the exclusive South Shores neighborhood of San Pedro. The property is located at the intersection of Western Ave and Paseo del Mar and overlooks the Pacific Ocean from the cliffs above. Residents are attracted by the gated pool with community patio, private balconies, ocean views, and cool ocean breeze. San Pedro offers the most affordable beachfront properties in LA County and South Shores Manor is only one of five multifamily properties in the South Shores neighborhood. The demand for affordable beach front rentals far exceeds the limited supply. San Pedro has seen an uptick in renters seeking luxury accommodations with the over $1 billion cash infusion being invested in the LA Waterfront. The South Shores Manor is a prime candidate for continued value-add renovations to capitalize on the increasing demand for premium finishes in the rental market.
Location
State CA
County Los Angeles
Area 179 - South Shores
Zoning LAR1
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 13
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 7563019025
Special Listing Condition Standard
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Bought with Steffan Braunlich Berkadia

johnherkenrath@epiquerealty.com
<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>







