Exceptional investment opportunity in the heart of San Pedro. This 4-plex is being offered for the first time in over two decades, true long-term ownership pride. Located just minutes from the 22nd Street Marina, 22nd Street Landing, and the rapidly transforming LA Waterfront, this property sits in one of the… Read More most desirable and strategically positioned pockets of San Pedro.
The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing.
Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors.
A rare chance to acquire a stable asset with incredible future upside in one of LA’s fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you don’t want to miss it!! Read Less
Property listed by The Moore Group, Kristina Moore 310-259-7556
Listing Snapshot
Days Online
55
Last Updated
Property Type
Apartment
Lot Size
0.11 Acres
Year Built
1923
MLS Number
PW25254617
Additional Details
Building
Built in 1923, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: front gate
Community
Sidewalks
Cooling
None
Expenses
Operating: $22,204
Fireplaces
None
Garage
3 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $74,016, Gross ScheduledIncome: $74,016, Net Operating Income: $51,811
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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