663 W 5Th St San Pedro, CA 90731
Property Features for 663 W 5Th St
General Information
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1990
Source: Marcus & Millichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Pedro Multifamily Investment Opportunity
Located in the heart of San Pedro, CA, 663 W 5th St is a six-unit multifamily property constructed in the 1990s. The property is situated blocks away from the vibrant downtown neighborhood. The unit mix includes one 2-bedroom/2-bathroom unit, one 2-bedroom/1-bathroom unit, and four studio units. The property offers seven on-site parking spaces. Built in 1990, the property is not subject to LA City rent control. The property presents investors with an estimated 20% rental upside through future modernization and rent adjustments. The property is located in a rapidly developing pocket of San Pedro near local restaurants and major transit corridors, offering an opportunity to acquire a building with strong in-place income and long-term growth potential.
Insight Report
Location Intelligence
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- San Pedro
- County
- Los Angeles
- State
- California
- Longitude
- -118.25574
- Latitude
- 34.051613
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in San Pedro with rental upside.
Where is this apartment building located?
The property is located at 663 W 5Th St San Pedro, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Six-unit multifamily property in the heart of San Pedro, CA.; - Not subject to LA City rent control (built in 1990).; - Estimated 20% rental upside through modernization and rent adjustments.