Sold

2016 W Paseo Del Mar

San Pedro CA, 90732

$5,900,000


$495.97 per sqft

Sold

21 Beds

19 Baths

11,896 sqft

Residential

Built in 1959

Listed by Steffan Braunlich with Berkadia 310-209-3200

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.

22198705

MLS ID

September 10, 2022

Listed

March 23, 2024

Updated

Map

2016 W Paseo Del Mar
San Pedro CA, 90732

Interior Features

Total Stories

2


Bedrooms

21 Beds


Bathrooms

19 Baths


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.38 Acres

Other Property Details

Area Name

179 - South Shores


Days on Market

9


Garage

No


Parking

Carport


Parking Total

13


View

No


County

Los Angeles


Pool

No


Zoning

LAR1


Buyer Agency Compensation

2%

Listing Contact: 310-209-3200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:37 AM UTC

 

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