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1129 W 10th Street San Pedro, CA $ 2,195,000
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1129 W 10th Street
$ 2,195,000
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1129 W 10th Street

San Pedro, CA, 90731
$ 2,195,000
Baths3.0 Sq 6,910

Monthly Estimate*

$ 13,694

Listed by Buckingham Investments, Inc
​
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Studio

Multi-Family Home for sale in San Pedro, CA

for $2,195,000 with 3 full baths. This 6,910 square foot home was built in 1923 on a lot size of 0.1888.

Huge 8 unit campus property in one of the best parts of San Pedro at only 11.5X GRM plus a 25% upside. Great unit mix with four 2 bed units, two 1 bed units, one 3 bed, 3 bath unit, and one studio. Almost 7000 square feet of rentable space situated on over 8200 square feet of land. Large duplex structure built in 1923 plus 6 units built in 1962. 5 out of 8 units nicely remodeled from 2021 to present. 3 enclosed garages, 4 tuck under parking spaces, and 1 surface parking space for a 1:1 parking ratio. Soft story retrofit completed in 2020. Well priced on income at 11.5X GRM on actuals plus a 25% upside to 9.3X GRM and a market cap rate of 7%. Beautiful Vista Del Oro location only a few blocks from Palos Verdes in a tranquil residential area. Attractive curb appeal with street and alley access. Only 3 blocks from Providence Little Company of Mary San Pedro Hospital. Easy access to Downtown San Pedro and the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026.

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Multi-Family Active

Price

$ 2,195,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1888

Year Built

1923

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

SB25233836

Days on Market

99
Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition None
HOA Fee 0
Garage Spaces 3
Pool Features None
Construction Materials Stucco
Year Built 1923
Electric Standard
View None
Levels Three Or More
Property Subtype Apartment
Gross Income 189540
Community Features Suburban
County Los Angeles
Net Operating Income 112157
Operating Expense 68206
Insurance Expense 10000
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 9018
Facing Direction North
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions South Side of 10th West of Leland
City San Pedro
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 1
Number Of Units Total 8
MLS Area 183 - Vista Del Oro
Lot Size Units Square Feet
Lot Size Square Feet 8223
Carport Spaces 4
Carport Y/N 1
Number of Units Leased 8
Listing Terms Cash to Existing Loan
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 1094
Fuel Expense 2435
Trash Expense 0
Water Sewer Expense 6333
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Total Actual Rent 15795
Property Sub Type Additional Apartment
Taxes 27438
Cap Rate 5.1
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Interior
Total Stories 3
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Fencing Block Wrought Iron
Lot Features Rectangular Lot
Water Source Public
Total Parking 8
Lot Size Area 8223
Number of Buildings 2
Spa 0
Building Area Total 6910
Lot Size Acres 0.1888
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
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* Excluded Features
List By
Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

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$13,694
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Monthly Principal & Interest
$13,694
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,195,000 Listed Price

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1129 W 10th Street, San Pedro, CA, 90731 is a Multi-Family Home for sale at $2,195,000 with 6,910 sqft and a lot size of 0.1888. 1129 W 10th Street is a studio with 3.0 baths and was built in 1923. The property's zip code is 90731 which is in San Pedro, CA

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