San Pedro Multifamily Investment
For Sale
$1,695,000
626 West 7th Street, San Pedro, CA 90731
Ten-unit property near downtown San Pedro with income potential.
Property Size5,616 SF
Price / SF$301.82
Days on Market370
Property Features for 626 West 7th Street
General Information
Standard status
Active
Size
5,616 SF
Total Parking Spaces
4
Property subtype
Residential Income / Res Income 2-4 Units
Zoning
Assessor
Net Operating Income
$102,314
Building Details
Year Built
1923
Buildings
2
Units
10
Listing Agency:
Buckingham Investments, Inc
(310) 982-7055
Listed By:
Anthony Walker · License #01908153
(310) 982-7055
Source:
Compass
Added: Aug 20, 2025
Changed: Aug 23
Last Checked: Aug 22 at 3:56PM
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 Buckingham Investments, Inc
Investment Insights
Based on property information with market context.
This ten-unit multifamily property is located one block from Downtown San Pedro. Eight of the ten units have been remodeled within the last five years. The property features new, separate electrical meters, a main panel, and wiring. RUBS (Ratio Utility Billing System) income is in place. There are four detached, income-generating garages at the rear of the property, presenting potential for Accessory Dwelling Units (ADU). The property size is 5616 square feet.
Key Highlights
- High yield investment property: 6% in‑place cap rate with upside to 6.6% market cap rate.
- Excellent location: One block from Downtown San Pedro.
- Significant recent renovations: 8 out of 10 units remodeled in the last 5 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
23,182
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 - Ten-unit property near downtown San Pedro with income potential.
Where is this apartment building located?
The property is located at 626 West 7th Street San Pedro, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: High yield investment property: 6% in‑place cap rate with upside to 6.6% market cap rate.; Excellent location: One block from Downtown San Pedro.; Significant recent renovations: 8 out of 10 units remodeled in the last 5 years.
