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About This Home
This 2-bedroom, 3-bathroom multi-family at 626 W 7th in San Pedro, CA is listed for $1,695,000 ($302 per sqft). Built in 1923, the home offers 5,616 sqft of living space on a 0.11 acres lot.
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.
Key Features
- Built in 1923
- 0.11 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$9,065/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
626 W 7th
San Pedro, CA 90731
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 3-bathroom multi-family at 626 W 7th is listed at $1,695,000 ($302/sqft). The estimated monthly payment is $7,345 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.11 acre lot, 2 stories, 4 parking spaces. Interior Features: None, Window Features: Wood Frames. Exterior Features: Community Features Included: Urban, Rectangular Lot.
This property is listed by Anthony Walker and can be reached at 3105614776 or Anthony.walker@buckinghaminvestments.com.
