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Apartment Building with Private Balconies
New
For Sale
$7,300,000

949 West 26th Street, San Pedro, CA 90731

A 26-unit San Pedro property with elevator service, secured parking, private storage, and a shared sun deck.

Property Size21,723 SF
Lot Size0.48 Acres
Days on Market2
Rey
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Property Features for 949 West 26th Street

General Information

Standard status Active
Size 21,723 SF
Total Parking Spaces 36
Elevators Yes
Lot size 0.48 Acres
Property subtype Multifamily

Units

Unit Mix 16 x 1BR/1BA, 5 x 2BR/1BA, 2 x 2BR/2BA, 2 x 3BR/2BA, 1 x 2BR/1.5BA
Multifamily Units 26

Amenities

common sun deck
private storage
bike storage
owned laundry room
private balconies

Building Details

Building Size 21,723 SF
Year Built 1974
Buildings 1
Listing Agency: Younglewin Advisors, Inc.
Listed By: Shane Young · License #CalDRE #01963090
Source: Younglewin
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:35AM

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 Younglewin Advisors, Inc.

Investment Insights

Based on property information with market context.

Built in 1974, this 26-unit apartment building sits on a 20,974-square-foot lot in San Pedro. All apartments have private balconies, and the building includes an elevator, a shared sun deck, an owned laundry room, bike storage, private tenant storage, and 36 secured parking spaces. The unit mix comprises 16 one-bedroom/one-bathroom units, five two-bedroom/one-bathroom units, two two-bedroom/two-bathroom units, two three-bedroom/two-bathroom units, and one two-bedroom/one-and-a-half-bathroom townhome. Balcony work required under SB 721 is complete.

The property is in the Palisades neighborhood, bordering Vista Del Oro. The Stairway to the Ocean, beach, and tide pools are about three minutes away. Former owner-used garages and storage areas are part of the property; they may be leased as-is or considered for potential ADU conversion.

Key Highlights

  • 26 apartments: 16 1/1, 5 2/1, 2 2/2, 2 3/2, and 1 2/1.5 townhome
  • 36 secured parking spaces
  • 20,974 SF lot; built in 1974

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Storage Facility Tattoo & Piercing Shop

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

26
Residential units

Location Intelligence

Trade Area within ½ mile

1,848
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

Frequently Asked Questions

What type of property is this?
Apartment building - A 26-unit San Pedro property with elevator service, secured parking, private storage, and a shared sun deck.
Where is this apartment building located?
The property is located at 949 West 26th Street San Pedro, CA.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: 26 apartments: 16 1/1, 5 2/1, 2 2/2, 2 3/2, and 1 2/1.5 townhome; 36 secured parking spaces; 20,974 SF lot; built in 1974
More about this property
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