Property Attributes
- ID#SB26157592
- TypeMulti-Family
- Listing Status Active Under Contract
- CountyLos Angeles
- CitySan Pedro
- Area Point Fermin
- Zip90731
- Style
- Year Built1962
- Price$ 1,349,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage4216
- Lot Size0.1469 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
First time on the market in over 50 years! Nestled in the highly sought-after Point Fermin neighborhood, this neatly manicured four-unit apartment building offers a unique investment opportunity in one of the area's most desirable coastal communities. Each of the four units features two bedrooms and one bathroom and includes one parking space in a shared garage. The front, upper owner's unit will be delivered vacant, presenting an ideal opportunity for an owner-occupant or the ability to lease at current market rents. Residents also enjoy the convenience of on-site community laundry. Ideally located to enjoy refreshing ocean breezes, the property is just moments from Cabrillo Beach, Cabrillo Marina, Point Fermin Park, and Korean Bell of Friendship. It is also minutes from the transformative West Harbor waterfront redevelopment, bringing exciting new dining, entertainment, shopping and recreation to the San Pedro waterfront. With its prime coastal location and long-term appreciation potential, this is a property that rarely becomes available.
| Price History | |
|---|---|
| 7/20/2026 | Listed $1,349,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Possession | Close Of Escrow |
| Garage Spaces | 4 |
| Pool Features | None |
| Year Built | 1962 |
| Tenant Pays | Cable TV,Electricity,Gas |
| Property Subtype | Apartment |
| Gross Income | 89580 |
| Community Features | Curbs,Sidewalks |
| County | Los Angeles |
| Net Operating Income | 62642 |
| Operating Expense | 26386 |
| Insurance Expense | 4613 |
| New Construction | false |
| Property Type | Residential Income |
| Garage Y/N | true |
| Special Listing Conditions | Trust |
| Status | Active Under Contract |
| Directions | South on Pacific Avenue to 36th Street - turn right |
| City | San Pedro |
| Entry Location | 1 |
| Senior Community Y/N | false |
| Number Of Units Total | 4 |
| MLS Area | 181 - Point Fermin |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6401 |
| Number of Units Leased | 3 |
| Listing Terms | Submit |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Electric Expense | 635 |
| Fuel Expense | 458 |
| Trash Expense | 1316 |
| Water Sewer Expense | 2075 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | true |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Lot | 7 |
| Total Actual Rent | 4965 |
| Property Sub Type Additional | Apartment |
| Taxes | 16862 |
| Cap Rate | 4.6 |
| PostalCity | SAN PEDRO |
Interior Features
| Total Stories | 2 |
|---|---|
| Common Walls | 1 Common Wall |
| Laundry Features | Common Area,Laundry Room |
| Entry Level | 1 |
Exterior Features
| Lot Features | 2-5 Units/Acre |
|---|---|
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 6401 |
| Number of Buildings | 1 |
| Building Area Total | 4216 |
| Lot Size Acres | 0.1469 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 1 |
| Number of Separate Gas Meters | 4 |
| Number of Separate Electric Meters | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 8:08 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g.square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with
Last updated: September 21, 2026 8:01 PM UTC Property Information © 2026
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