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383 W 14th St
For Sale $1,525,000 ($294.40 per Sq Ft)
$1,525,000 ($294.40 per Sq Ft)
- 8 Units
- 5,180 Sq Ft
- 4,807 Sq Ft
- Unknown Cap Rate
Description
We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.82% CAP rate the highest in San Pedro and a 9.4 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while two units remain vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,525,000 |
| Property Type | Multi-Family |
| Usable Sqft | 5,180 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7456021034 |
| MLS # | 25616545 |
| Property ID | 322338333 |
| Lot Sqft | 4,807 |
| Zoning | LAR2 |
| Total Units | 8 |
| Days on Market | 110 |
| Original List Price | $1,550,000 |
| Date Updated | January 05, 2026 |
| Date Created | November 05, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,690 | $1,895 |
| Gross Income (Yr) | $ 162,195 |
| Operating Expenses | $ 53,346 |
| Net Income (Yr) | $ 103,983 |
Listing Provided By
Jonathan Weir an agent of . Lic #02038545
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Robert Crawford
REAL ESTATE AGENT