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3,716 sqft

$999,900

629 W 8th W, San Pedro CA, 90731

Price per sqft$269.08
Built in1905
Property size3,716 sqft
Property typeMulti-family

Overview

Active

Listed Mar 26, 2026

Updated Jun 2

Massive $135,000 Price Reduction 5-unit apartment building nestled in the heart of San Pedro. | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from the newly developed waterfront encompassing restaurants, entertainment, and historic sites, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

$6,652/mo

Est. mortgage payment based on a $999,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26061098

Interior Features

Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Gustavo Arias, First Team Real Estate, CA DRE 01889399

Listing Contact: 323-819-0035 

Based on information from the CRISNet MLS as of 6/2/2026, 7:29 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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