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