Search
Six-Unit Apartment Building with Ocean Views
For Sale
$2,700,000

1606 S Palos Verdes, San Pedro, CA 90731

Spanish-style multifamily property with spacious units and underground parking.

Property Size5,688 SF
Price / SF$474.68
Days on Market33

Property Features for 1606 S Palos Verdes

General Information

Standard status Active
Size 5,688 SF
Total Parking Spaces 10
Property subtype Apartment

Units

Unit Mix 4 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 6

Amenities

ocean views
electric chimneys

Building Details

Building Size 5,688 SF
Year Built 1993
Construction Spanish
Listing Agency: CENTURY 21 REALTY MASTERS
Listed By: DANIEL PEREZ · License #01789400
Source: Velocityrealtysd
Added: Jul 10 Changed: Aug 11 Last Checked: Aug 11 at 6:43AM

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 CENTURY 21 REALTY MASTERS

Investment Insights

Based on property information with market context.

This Spanish-style apartment building in San Pedro contains six residential units totaling 5,688 square feet of living area. The configuration includes four two-bedroom, two-bath units and two one-bedroom, one-bath units. Each residence is described as spacious and includes an electric chimney, with ocean views throughout the property. Completed in 1993, the building has been maintained in clean condition.

Five units are currently rented, while one is available for an owner-user or additional occupancy. The property also includes underground parking with capacity for 10 cars and is situated near the marina in San Pedro, California.

Key Highlights

  • Six‑unit apartment building completed in 1993
  • Unit mix includes four 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • 5,688 square feet of living space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Butcher Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Spanish-style multifamily property with spacious units and underground parking.
Where is this apartment building located?
The property is located at 1606 S Palos Verdes San Pedro, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Six‑unit apartment building completed in 1993; Unit mix includes four 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; 5,688 square feet of living space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message