# 1047 W 7th, San Pedro, CA 90731

> **TL;DR:** commercial, $1,499,900 ($300/sqft), built 1930, 5,008 sqft. Est. $6,500/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,499,900 |
| Price/sqft | $300 |
| Square Feet | 5,008 |
| Year Built | 1930 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Property Highlights

- Built in 1930

## Description

### Agent Description
Rare 8-Unit Multifamily Opportunity with 8 Private Garages in Coastal San Pedro! Introducing 1045–1057 W. 7th Street, a unique 8plex multifamily investment located in the heart of San Pedro, one of Southern California’s most undervalued & rapidly evolving coastal communities. This character rich property features an attractive courtyard style freestanding unit layout with individual unit entrances & the highly desirable benefit of eight private single-car garages, + 8 electric meters, providing a valuable amenity rarely found in comparable multifamily assets. Great mix of one-bedroom, two-bedroom, & studio floor plans. Several units have been updated with laminate flooring, modernized bathrooms, & refreshed interior finishes, creating strong tenant appeal while still offering investors meaningful upside potential. With two vacant units currently available for immediate lease-up, investors have the opportunity to increase income through renovation, repositioning, & market-rate leasing strategies. Designed in a bungalow style courtyard configuration, the property delivers a residential feel that sets it apart from traditional apartment buildings. The well-maintained exterior, attractive architecture, & dedicated garage parking contribute to long-term tenant desirability & retention. Strategically located near Downtown San Pedro, the Port of Los Angeles, Cabrillo Marina, & the highly anticipated West Harbor waterfront redevelopment. The property is positioned to benefit from billions of dollars in public & private investment transforming the harbor area. West Harbor is expected to bring new restaurants, retail, entertainment venues, waterfront attractions, & employment opportunities that will further enhance San Pedro’s appeal as a destination to live, work, & invest. Residents enjoy convenient access to the Battleship USS Iowa Museum, Cabrillo Beach, San Pedro Arts District, waterfront dining, cruise terminals, & major transportation corridors connecting to Long Beach, the South Bay, & Downtown Los Angeles. As one of the last relatively affordable coastal communities in Los Angeles County, San Pedro continues attracting both residents & investors seeking long-term growth & appreciation potential. Whether you’re looking to expand your multifamily portfolio, execute a value-add strategy, or acquire a well-located coastal asset with immediate upside, 1045–1057 W. 7th Street presents a compelling investment opportunity in a market poised for continued growth.

## Location

- **Address:** 1047 W 7th, San Pedro, CA 90731
- **County:** Los Angeles
- **Coordinates:** 33.73776, -118.30003
- **Google Maps:** https://www.google.com/maps?q=33.73776,-118.30003

## Listing Agent

- **Name:** Angie Weeks
- **Brokerage:** First Team Real Estate
- **Phone:** 9493387408
- **Email:** Angie@AskAngie.com

## Primary Photo

![1047 W 7th - Primary Photo](http://lh.rdcpix.com/bcfc56742e9818851b7a3e1fca37628al-f2710133684r.jpg)

*62 total photos available on [listing page](https://www.propertysimple.com/listing/1047-w-7th-san-pedro-ca-90731-26119959)*

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**MLS#:** OC26119959 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1047-w-7th-san-pedro-ca-90731-26119959)

---

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