629 W 8th W San Pedro, CA 90731
New
- Added:
- Mar 26, 2026
- Days on Market:
- 7
- Last Refresh:
- Apr 1 at 11:06 am
Property Features for 629 W 8th W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 1
- Exterior features
- Community Features Included: Urban, 0-1 Unit/Acre
- Standard status
- Active
- APN
- 7454005010
- Size
- 3,716 SF
- Lot size
- 5,001.00 Acres
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 5
- Architectural style
- Other
Listing agent Gustavo Arias License #01889399 (323) 819-0035
Listing office First Team Real Estate 3626 Long Beach Blvd., Newport Beach, CA (562) 270-0688
Listing date Mar 26, 2026
MLS# PW26061098
Listing URL
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Overview
San Pedro Multifamily Investment Opportunity
Located in San Pedro, CA, this property features a mix of residential units, including three 1-bedroom/1-bath units and one upgraded 2-bedroom/1-bath unit. The property offers flexibility for an owner-user to live in one unit while renting out the others. Situated minutes from the newly developed waterfront, the location provides convenient access to restaurants, entertainment, historic sites, Metro transit lines, and major freeways. The property benefits from consistent rental demand and long-term neighborhood momentum. This stabilized asset offers both current yield and operational growth potential in one of Los Angeles' active rental markets. The property size is 3716 square feet, situated on a lot of approximately 0.11 acres. The property presents a combination of cash flow, flexibility, and an optimal location for serious investors. The in-place capitalization rate is 6.56%, with a pro forma rate of 7.82%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Pedro
- County
- Los Angeles
- State
- California
- Longitude
- -118.258194
- Latitude
- 34.04617
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property near waterfront with income and growth potential.
Where is this apartment building located?
The property is located at 629 W 8th W San Pedro, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: High In‑Place Cap Rate (6.56%) and Pro Forma (7.82%) indicate strong current yield and potential for operational growth.; Owner‑User Optional: Opportunity to live in one unit and rent out the others, providing immediate flexibility.; Prime Location: Minutes from the newly developed waterfront with restaurants, entertainment, historic sites, Metro transit, and major freeway access.
