629 W 8th W San Pedro, CA 90731
Commercial/Residential - San Pedro, CA
Property size:
3,716 SFLot size:
5,001.00 AcresPrice / SF:
$305/SF- Added:
- Mar 26, 2026
- Days on Market:
- 34
- Last Refresh:
- Apr 28 at 2:06 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 multifamily property features five 1-bedroom, 1-bath units. One unit is available, offering flexibility for an owner-user. The property is situated minutes from the newly developed waterfront, with restaurants, entertainment, historic sites, Metro transit lines, and major freeway access. This location provides consistent rental demand and long-term neighborhood momentum. The property offers both current yield and operational growth potential in an active rental market. The seller is motivated and actively seeking a near-term transaction and will consider terms that can improve buyer economics. The property has a 6.56% in-place cap rate and a 7.82% pro forma cap rate. The lot size is approximately 0.11 acres. The building size is 3716 square feet. This property is part of a portfolio opportunity with other multifamily assets. These assets offer diversified income streams across two rental submarkets, with multiple paths to increase NOI through rent growth and operational improvements.
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 $1,134,000.
What are key features of this property?
This property features: Strong In‑Place Cap Rate (6.56%) and Pro Forma (7.82%) indicate a solid return on investment.; Owner‑User Optional: One unit is available.; Motivated Seller: Actively seeking a near‑term transaction.
