629 W 8th W, San Pedro, CA 90731
List Price: $1.13M
Listing Status: Active
Original List Price: $1.14M
0Days on Market: 18
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1905
Lot Size: 5,001 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: PW26061098
About This Property
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, entertainment, 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.