5-Unit Multifamily
For Sale
$999,900
629 W 8th W, San Pedro, CA 90731
Five one-bedroom residences offer individual utility metering and attached one-car garages in walkable San Pedro.
Property Size3,716 SF
Price / SF$269.08
Days on Market70
Property Features for 629 W 8th W
General Information
Standard status
Active
Size
3,716 SF
Total Parking Spaces
5
Property subtype
Investment
Units
Unit Mix
5 x 1BR/1BA
Multifamily Units
5
Additional Details
Cap Rate
5.5%
Utilities to Site
Yes
Building Details
Building Size
3,716 SF
Year Built
1905
Buildings
1
Stories
2
Units
5
Listing Agency:
Listed By:
Gustavo Arias
Source:
Elliman
Added: Jun 23
Changed: Aug 30
Last Checked: Aug 30 at 10:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gustavo Arias
Investment Insights
Based on property information with market context.
This five-unit multifamily property contains 3,716 SF and was built in 1905. The unit mix consists of five one-bedroom, one-bath residences, each paired with a one-car garage. Separate utility meters serve the units, and the property reports a 5.50% in-place cap rate.
The property is in San Pedro, less than 10 minutes from Long Beach’s Space & Defense corridor and near the San Pedro waterfront redevelopment, LA Cruise Hub, and West Harbor’s FIFA World Cup 2026 Fan Zone. Walk Score is 82, Bike Score is 56, and Transit Score is 45.
The property is in San Pedro, less than 10 minutes from Long Beach’s Space & Defense corridor and near the San Pedro waterfront redevelopment, LA Cruise Hub, and West Harbor’s FIFA World Cup 2026 Fan Zone. Walk Score is 82, Bike Score is 56, and Transit Score is 45.
Key Highlights
- Five 1 bed / 1 bath units within a 3,716 SF building
- 5.50% in‑place cap rate
- One‑car garage assigned to each unit
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 90731, CA
61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five one-bedroom residences offer individual utility metering and attached one-car garages in walkable San Pedro.
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 $999,900.
What are key features of this property?
This property features: Five 1 bed / 1 bath units within a 3,716 SF building; 5.50% in‑place cap rate; One‑car garage assigned to each unit
