Properties

San Pedro, CA 90731 626 W 7th

626 W 7th San Pedro, CA - Image 1626 W 7th San Pedro, CA - Image 2626 W 7th San Pedro, CA - Image 3
9 more
626 W 7th San Pedro, CA - Image 4626 W 7th San Pedro, CA - Image 5626 W 7th San Pedro, CA - Image 6626 W 7th San Pedro, CA - Image 7626 W 7th San Pedro, CA - Image 8626 W 7th San Pedro, CA - Image 9626 W 7th San Pedro, CA - Image 10626 W 7th San Pedro, CA - Image 11626 W 7th San Pedro, CA - Image 12626 W 7th San Pedro, CA - Image 13
Presented By: Anthony Walker with Buckingham Investments, Inc; 310-561-4776
  • MLS# SB26029816
  • 09/11/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 5,616
  • Garage • 4

Home Details

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.
Presented By: Anthony Walker with Buckingham Investments, Inc; 310-561-4776

Interior Features for 626 W 7th

Other Interior Features

Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Window FeaturesWood Frames

Other Rooms

Entry Level1

General for 626 W 7th

AccessibilityNone
Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range
Architectural StyleMediterranean
Building Area UnitsSquare Feet
Cap Rate6
Carport Spaces
CitySan Pedro
Community FeaturesUrban
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsNorth Side of 7th St, just East of Gaffey
ElectricStandard
Electric Expense8424
Entry Location1
Facing DirectionSouth
Fuel Expense3562
Garage Spaces4
Garage Y/NYes
Gross Income198732
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense9828
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet5001
Lot Size UnitsSquare Feet
MLS Area189 - Barton Hill
MaintenanceExpense9510
Net Operating Income102314
New ConstructionNo
Number Of Units Total10
Open Parking Spaces0
Operating Expense87879
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySAN PEDRO
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofFlat
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot24
Taxes$21,188
Tenant PaysElectricity
Trash Expense5935
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense15112
Year Built1923
Year Built SourceAssessor

Exterior for 626 W 7th

Building Area Total5616
FencingNone
Foundation DetailsRaised
Lot FeaturesRectangular Lot
Lot Size Acres0.1148
Lot Size Area5001
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters10
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesGarage Faces Rear
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking4
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 $1,695,000
MLS#SB26029816
List Date 09/11/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 626 W 7th

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.