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655 W 22nd San Pedro, CA $ 950,000
655 W 22nd
$ 950,000
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655 W 22nd

San Pedro, CA, 90731
$ 950,000
Baths0.0 Sq 2,163

Monthly Estimate*

$ 5,927

Listed by The Moore Group
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Studio

Multi-Family Home for sale in San Pedro, CA

for $950,000. This 2,163 square foot home was built in 1923 on a lot size of 0.1148.

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 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.

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Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1148

Year Built

1923

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

PW25254617

Days on Market

35

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1923
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 74016
Community Features Sidewalks
County Los Angeles
Net Operating Income 51811
Operating Expense 22204
Insurance Expense 0
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions S Grand Ave and W. 22nd
City San Pedro
Entry Location front gate
Senior Community Y/N 0
Number Of Units Total 4
MLS Area 181 - Point Fermin
Lot Size Units Square Feet
Lot Size Square Feet 5001
Carport Spaces 0
Number of Units Leased 3
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 4318
Property Sub Type Additional Apartment
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N 0
Heating Y/N 1
Fireplace Y/N 0
Laundry Features None
Entry Level 1
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Exterior
Parking Features Garage
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 3
Lot Size Area 5001
Number of Buildings 2
Spa 0
Building Area Total 2163
Lot Size Acres 0.1148
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
The Moore Group

Broker

kristinamooreproperties@gmail.com

Email

Affordability Calculator

$5,927
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Monthly Principal & Interest
$5,927
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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
Pricing History
DatePricePrice ChangeDescription
11/20/2025$950,000 Listed Price

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655 W 22nd, San Pedro, CA, 90731 is a Multi-Family Home for sale at $950,000 with 2,163 sqft and a lot size of 0.1148. 655 W 22nd is a studio with 0.0 baths and was built in 1923. The property's zip code is 90731 which is in San Pedro, CA