626 W 7th San Pedro, CA $ 1,695,000
626 W 7th
$ 1,695,000
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626 W 7th

San Pedro, CA, 90731
$ 1,695,000
Baths1.0 Sq 5,616

Monthly Estimate*

$ 10,436

Listed by Buckingham Investments, Inc
626 W 7th, San Pedro, CA 90731 - Image 1
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Studio

Multi-Family Home for sale in San Pedro, CA

for $1,695,000 with 1 full bath. This 5,616 square foot home was built in 1923 on a lot size of 0.1148.

High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential. Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from 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. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.

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Multi-Family Active

Price

$ 1,695,000

Bedrooms

Studio

Full Bath

1

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

SB26029816

Days on Market

166

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Appliances Gas Oven Gas Range
HOA Fee 0
Garage Spaces 4
Architectural Style Mediterranean
Pool Features None
Construction Materials Stucco
Year Built 1923
Electric Standard
Tenant Pays Electricity
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 198732
Community Features Urban
Accessibility None
County Los Angeles
Net Operating Income 102314
Operating Expense 87879
Insurance Expense 9828
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 9510
Facing Direction South
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North Side of 7th St just East of Gaffey
City San Pedro
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 10
MLS Area 189 - Barton Hill
Lot Size Units Square Feet
Lot Size Square Feet 5001
Carport Spaces 0
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 8424
Current Financing Conventional
Fuel Expense 3562
Trash Expense 5935
Water Sewer Expense 15112
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 24
Property Sub Type Additional Apartment
Taxes 21188
Cap Rate 6
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Wood Frames
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing None
Parking Features Garage Faces Rear
Lot Features Rectangular Lot
Water Source Public
Total Parking 4
Lot Size Area 5001
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 5616
Lot Size Acres 0.1148
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 10
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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$10,436
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Monthly Principal & Interest
$10,436
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Default based on a 30-year fixed rate of 6.25% 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
2/10/2026$1,695,000 Listed Price

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626 W 7th, San Pedro, CA, 90731 is a Multi-Family Home for sale at $1,695,000 with 5,616 sqft and a lot size of 0.1148. 626 W 7th is a studio with 1.0 baths and was built in 1923. The property's zip code is 90731 which is in San Pedro, CA