Renovated 6-Unit Apartment
663 W 5th St, San Pedro, CA 90731
For Sale
$1,395,000
Under Contract
Residential Income, San Pedro, CA
Property Size4,057 SF
Lot Size0.11 Acres
Price / SF$343.85
Days on Market141
Property Features for 663 W 5th St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Amenities
secured gated entry
laundry facilities
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
RE/MAX One · RE/MAX International
(818) 366-3300
Listed By:
Chase Simonton · License CA #01766871
(310) 383-5927
Added: Jun 28
Changed: Oct 24
Last Checked: Nov 15 at 1:06AM
MLS# 26853869
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The apartment property at 663 W 5th St contains 6 units within 4,057 square feet and was built in 1990. Building improvements include a new roof, updated electrical systems, copper plumbing, a replacement water heater, and upgraded laundry facilities. Five of the six residences have been renovated with refreshed kitchens and bathrooms, hardwood flooring, recessed lighting, new paint, and updated fixtures. Central heating serves the property, which is zoned LAR3 and occupies 0.1148 acres.
Gated parking and controlled entry are provided on site. The property is in San Pedro with access to the I-110 Freeway and proximity to the West Harbor redevelopment. The building is identified as exempt from Los Angeles City Rent Control (RSO).
Gated parking and controlled entry are provided on site. The property is in San Pedro with access to the I-110 Freeway and proximity to the West Harbor redevelopment. The building is identified as exempt from Los Angeles City Rent Control (RSO).
Key Highlights
- 6‑unit apartment property totaling 4,057 square feet
- Built in 1990 on 0.1148 acres
- 5/6 units renovated with updated kitchens, bathrooms, flooring, lighting, paint, and fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,280
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,600
$1.3M
Cap Rate 7%
$932,571
$932.6K
Cap Rate 9%
$725,333
$725.3K
Market Conditions
NOI Build-Up for 4,057 SF
Gross rent
$129.0K $31.80/SF
− Vacancy
−$10.3K −$2.54/SF
EGI
$118.7K $29.26/SF
− OpEx
−$53.4K −$13.17/SF
NOI
$65.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,600
Cap Rate 7%
$932,571
Cap Rate 9%
$725,333
Alternative Uses
Best Use
Apartment 5plus
$932.6K
$816.0K – $1.09M
NOI $65,280 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,569 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,617
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
$808,800
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Central heating, gated parking, and controlled entry serve a six-unit residential property in San Pedro.
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 $1,395,000.
What are key features of this property?
This property features: 6‑unit apartment property totaling 4,057 square feet; Built in 1990 on 0.1148 acres; 5/6 units renovated with updated kitchens, bathrooms, flooring, lighting, paint, and fixtures
