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Huge 4 unit building priced under 13X GRM, lowest price per square foot in San Pedro. What a great opportunity for investors and savvy owner-occupied buyers alike! Located in the heart of San Pedro - this building consists of four large 2bed/1bath units, each with their own laundry room. Three out of the four units have been recently rehabbed/ updated with new appliances/ fixtures and two of these units will be delivered vacant at close of escrow. Each unit has a great layout and is separately metered for gas & electricity. With close proximity to Downtown San Pedro and the LA Waterfront (less than a mile from the new San Pedro Public Market, Space X Rocket & Spaceship Facility, Alta Sea Labs, Nelson One and other subsequent new developments), the new owner can capitalize on the resurgence of this strong rental market. Plus, there are plenty of local shops, restaurants, breweries, museums, transportation, parks, and Cabrillo Beach nearby for all to enjoy. This property has immense potential with solid income and is the perfect property to have in your portfolio.
Listing agent: Matthew Mahowald DRE #02001732 matt.mahowald@buckinghaminvestments.com, Listing office: Buckingham Investments, Inc
MLS data updated 11/2/2026, 10:39:25 AM PT
Source: CRMLS, MLS #: SB18217755
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 22, 2018
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90731 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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