527 W 15th Street represents a well maintained 23 unit complex in a high demand rental location in the heart of San Pedro. Built in 1926, the complex is 11,666 square feet, divided amongst (5) 1 Bedroom and (18) Studio units, which makes the units larger than average for this vintage. The property has a very large laundry room with two sets of owned machines. Additional storage area for rent could easily be added to this area. Gas and Electric service is separately metered for units The complex is situated on a quiet suburban street in San Pedro, just one property west of Pacific Avenue. Gaffey St., San Pedro's main through fare, is located approximately mile west. Approximately mile to the East runs Harbor Dr., bordering the Ports of Los Angeles and Long Beach. Here you will find Ports of Call Village'', a 15 acre waterfront dining and retail destination established in 1963. Recently, a $100,000,000 redevelopment package has been approved by the City of Los Angeles to upgrade the entire project. Ground breaking of the project, to be renamed San Pedro Public Market is to begin shortly and then be completed around 2020. This project will undoubtedly be a positive stimulus for the surrounding neighborhoods, of which 527 W 15TH Street is located.
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