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Low Expenses, Great Income Plus Upside!

Charming two-story walk up 5-unit apartment building. All except one units were renovated with laminate wood flooring throughout and granite counter tops. Building has low expenses and tenants pay all utilities except DWP.

With its desirable unit mix, strong cash flow on current rents and additional potential upside in rents subject property presents an excellent investment opportunity.

Centrally located between Downtown, Ports O' Call Village and San Pedro Marina, the asset is poised to take advantage of the continued revitalization of Downtown and Waterfront Enhancement Project. Walking distance to shops, dining, and public transportation.

San Pedro is still a hidden gem in the Southern California real estate market at prices that are lower than any other coastal city. It is at the end of the FWY 110 granting easy access to all of Southern California. With values on a steady increase, San Pedro area has always been a great place to invest in real estate.
  • 4 out of 5 units are renovated
  • Separately metered for utilities
  • Easy to manage & maintain building
  • Walking distance to public transportation & shops
  • Current rental income $6,425/mo
  • Additional Potential Income from garage & storage
  • All 1 Bedroom 1 Bath Units
MLS: SB17084266
Sq Ft: 3716
Yr Built: 1908
Pool: No
Parking: 1 Car Garage
Asking: $978,000
Property Address
629 W 8th Street
San Pedro, CA
90731
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Agent photo
Olga Wright
310.606.2076
Contact Agent
Lic#: 01315042
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Lyon Stahl Investment Real Estate
239 Oregon St 
  El Segundo, CA 90245
310-606-2076

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