629 W 8th W San Pedro, CA $ 1,140,000
629 W 8th W
$ 1,140,000
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629 W 8th W

San Pedro, CA, 90731
$ 1,140,000
Baths1.0 Sq 3,716

Monthly Estimate*

$ 7,019

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in San Pedro, CA

for $1,140,000 with 1 full bath. This 3,716 square foot home was built in 1905 on a lot size of 0.1148.

5-unit apartment building nestled in the heart of San Pedro. | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from the newly developed waterfront encompassing: restaurants, entertaiment and historic sites, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

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Multi-Family Active

Price

$ 1,140,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1148

Year Built

1905

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

PW26061098

Days on Market

4

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1905
Tenant Pays Trash Collection
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 96926
Community Features Urban
County Los Angeles
Net Operating Income 74741.28
Operating Expense 21888
Insurance Expense 1428
New Construction false
Property Type Residential Income
HOA false
Contingency NON
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From S Gaffey St East on W8th
City San Pedro
Entry Location Street
Senior Community Y/N false
Number Of Units Total 5
MLS Area 193 - San Pedro - North
Lot Size Units Square Feet
Lot Size Square Feet 5001
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional Fannie Mae
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 5088
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Property Sub Type Additional Mixed Use
Taxes 15372
Cap Rate 6.52
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Interior
Total Stories 2
Common Walls 1 Common Wall No One Above
Laundry Features None
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 1
Lot Size Area 5001
Number of Buildings 2
Building Area Total 3716
Lot Size Acres 0.1148
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
First Team Real Estate

Broker

GustavoArias@firstteam.com

Email

Affordability Calculator

$7,019
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,019
Monthly Property Taxes
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Monthly Home Insurance
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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
3/26/2026$1,140,000 Listed Price

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629 W 8th W, San Pedro, CA, 90731 is a Multi-Family Home for sale at $1,140,000 with 3,716 sqft and a lot size of 0.1148. 629 W 8th W is a studio with 1.0 baths and was built in 1905. The property's zip code is 90731 which is in San Pedro, CA