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JUST REDUCED $250,000! A "Steady Eddie" investment option. Near San Pedro Harbor & the cliffs of Pt. Fermin Park. A tried-and-true investment option on one of San Pedro's better-known streets.25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South. The building has been well-maintained and rehabbed as needed, as units turnover. Also, a new roof was put on in 2024. San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge.
The income description goes here to explain
| List Price | $2,499,000 |
| Property Type | Multi-Family |
| Usable Sqft | 9,560 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1948 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7463013028 |
| MLS # | 25604099 |
| Property ID | 322250165 |
| Lot Sqft | 9,295 |
| Zoning | LARD2 |
| Total Units | 10 |
| Days on Market | 149 |
| Original List Price | $2,749,000 |
| Date Updated | January 21, 2026 |
| Date Created | October 03, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $3,300 | $3,300 |
| Unit #2 | 2 | 1.50 | $1,659 | $1,659 |
| Unit #3 | 1 | 1.00 | $1,592 | $4,777 |
| Unit #4 | 2 | 1.00 | $1,988 | $9,942 |
| Gross Income (Yr) | $ 241,675 |
| Operating Expenses | $ 72,278 |
| Net Income (Yr) | $ 169,397 |
| Cap Rate | 6.00% |
Brice Head an agent of . Lic #01330706
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT