Properties

San Pedro, CA 90731 629 W 8th W

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Presented By: Gustavo Arias with First Team Real Estate; 323-819-0035
  • MLS# PW26061098
  • 03/25/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 3,716
  • Garage • 1

Home Details

5-unit apartment building nestled in the heart of San Pedro. | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from the newly developed waterfront encompassing: restaurants, entertaiment and historic sites, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside โ€” offering both strong current yield and operational growth potential in one of Los Angelesโ€™ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Presented By: Gustavo Arias with First Team Real Estate; 323-819-0035

Interior Features for 629 W 8th W

Other Interior Features

Common Walls1 Common Wall, No One Above
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 629 W 8th W

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.52
CitySan Pedro
Community FeaturesUrban
ContingencyNON
CountyLos Angeles
DirectionsFrom S Gaffey St East on W8th
Electric Expense
Entry LocationStreet
Fuel Expense
Garage Spaces1
Garage Y/NYes
Gross Income96926
HOANo
HOA Fee$
Insurance Expense1428
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Conventional, Fannie Mae
Lot Size Square Feet5001
Lot Size UnitsSquare Feet
MLS Area193 - San Pedro - North
Net Operating Income74741.28
New ConstructionNo
Number Of Units Total5
Operating Expense21888
Pool FeaturesNone
PostalCitySAN PEDRO
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot11
Taxes$15,372
Tenant PaysTrash Collection
Trash Expense0
Water Sewer Expense5088
Year Built1905
Year Built SourceAssessor

Exterior for 629 W 8th W

Building Area Total3716
Lot Features0-1 Unit/Acre
Lot Size Acres0.1148
Lot Size Area5001
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
Total Parking1
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,125,000
MLS#PW26061098
List Date 03/25/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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