About this home

No LA rent control! Positioned in a prime San Pedro location, this 13-unit multifamily investment opportunity offers strong income potential with an attractive unit mix of nine (9) one-bedroom units and four (4) two-bedroom units. The property features community laundry facility, seventeen (17) on-site parking spaces. One unit is currently vacant, presenting immediate upside potential for an owner-user or the opportunity to achieve market rental rates. Ideally situated near the rapidly evolving San Pedro waterfront, the property benefits from close proximity to the highly anticipated West Harbor redevelopment - an over $150 million, 42-acre waterfront destination planned to include restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment. This transformative development is expected to continue driving demand and long-term growth throughout the area, making this an exceptional opportunity for investors seeking both current cash flow and future appreciation potential.

Facts and features

Schools

• Richard Henry Dana Middle School

  middle · 6-8 · 0.2 mi

  4

• Fifteenth Street Elementary School

  elementary · K-5 · 0.3 mi

  4

• San Pedro Senior High School

  high · 9-12 · 0.4 mi

  7

• Wiser Generation, The

  elementary · 1-12 · 0.6 mi

• Cabrillo Avenue Elementary School

  elementary · K-5 · 0.5 mi

  9

• Leland Street Elementary School

  elementary · K-5 · 0.7 mi

  6

Price history

• Nov 3, 2026 · Relisted$3,350,000
• Oct 31, 2026 · Listing Removed—
• May 21, 2026 · Listed$3,350,000
• Jun 27, 2018 · Sold$3,150,000
• Feb 13, 2018 · Listed$3,100,000
• Jun 5, 1997 · Sold$475,000
• Feb 14, 1986 · Sold$865,000

Tax history

• 2025$44,503 tax · $3,655,841 assessed
• 2024$43,914 tax · $3,584,158 assessed
• 2023$43,077 tax · $3,444,984 assessed
• 2022$41,104 tax · $3,377,436 assessed
• 2021$40,557 tax · $3,311,212 assessed
• 2020$40,961 tax · $3,277,260 assessed
• 2019$39,360 tax · $3,213,000 assessed
• 2018$9,577 tax · $679,905 assessed

Where it is