High yield 10 unit property one block from Downtown San Pedro

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Apartment For Sale

626 W 7th

San Pedro, California 90731

Los Angeles County

Community: 

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$1,695,000 2 br, 3.0 bath 5616 sq. ft. 0.115 acres

High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential.

Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from the massive 42 acre West Harbor LA Waterfront Development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.

Interior:
  • Bedrooms: 2
  • Baths: 3.0
  • Sq Ft: 5616
  • Year Built: 1923
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Wall Furnace
  • Garage: Garage
Exterior:
  • Lot Size: 0.115 acre
  • Lot Dimensions: 
  • View Types: None
  • Yard: 
  • Siding: Stucco
  • Roof: Flat
  • MLS #: SB26029816
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Contact Information:
Beach Apartment For Sale in San Pedro, California
Listing Agent: Anthony Walker, Buckingham Investments, Inc., 310-561-4776, 310-982-7055 Listing Site, Listing Status: Active
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7256128
Viewed 8 times.
Updated: Feb 10, 2026

This property is a Apartment located at 626 W 7th, San Pedro, California 90731, and is currently For Sale at $1,695,000. This Apartment has 2 bedrooms, 3.0 baths, 5616 sq ft.