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.
The income description goes here to explain
| List Price | $1,695,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7451036019 |
| MLS # | SB26029816 |
| Property ID | 322583420 |
| Lot Sqft | 5,001 |
| Zoning | Unknown |
| Total Units | 10 |
| Days on Market | 169 |
| Original List Price | $1,695,000 |
| Applicances | Gas Oven,Gas Range% |
| Date Updated | February 10, 2026 |
| Date Created | September 11, 2025 |
Anthony Walker an agent of Buckingham Investments, Inc. Lic #01908153
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 10, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT