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Listed by Nicole Pletkovich • Keller Williams Realty
$ 2,299,000
Est. payment /mo
Price Dropped by $196K
579 West 14th San Pedro, CA 90731
8,276 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,276 sqft
Price per Sqft $277
MLS Listing ID PV-26110412
Year Built 1979
Lot Size 6,753 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Not subject to LA rent control! Positioned in the heart of San Pedro, this well-located 8-unit multifamily investment opportunity offers an ideal blend of stable income potential and long-term upside in one of the South Bay's fastest-evolving coastal communities. The property features a desirable unit mix of four (4) two-bedroom units and four (4) one-bedroom units, along with community laundry for added tenant convenience. Not subject to LA Rent Control, this asset presents investors with future rental growth potential.
Just five blocks from the waterfront and only minutes from the highly anticipated West Harbor redevelopment, this property is situated in the center of major growth and transformation. The $150+ million waterfront project is expected to bring a vibrant mix of dining, shopping, entertainment, fresh markets, and public gathering spaces to the area, further enhancing San Pedro's appeal and long-term investment outlook.
Residents enjoy convenient access to many of San Pedro's most sought-after attractions, including Cabrillo Beach, the marina, waterfront dining, scenic coastal trails, and local parks. Commuters benefit from easy access to the 110 Freeway, providing direct connectivity to Downtown Los Angeles, Long Beach, and surrounding employment hubs.
With its prime location, strong unit mix, and proximity to San Pedro's ongoing waterfront revitalization, this is a compelling opportunity for investors seeking both current cash flow and future appreciation potential.
Just five blocks from the waterfront and only minutes from the highly anticipated West Harbor redevelopment, this property is situated in the center of major growth and transformation. The $150+ million waterfront project is expected to bring a vibrant mix of dining, shopping, entertainment, fresh markets, and public gathering spaces to the area, further enhancing San Pedro's appeal and long-term investment outlook.
Residents enjoy convenient access to many of San Pedro's most sought-after attractions, including Cabrillo Beach, the marina, waterfront dining, scenic coastal trails, and local parks. Commuters benefit from easy access to the 110 Freeway, providing direct connectivity to Downtown Los Angeles, Long Beach, and surrounding employment hubs.
With its prime location, strong unit mix, and proximity to San Pedro's ongoing waterfront revitalization, this is a compelling opportunity for investors seeking both current cash flow and future appreciation potential.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Radiant
Laundry Common Area, Individual Room
Exterior
Parking Features Assigned, Community Structure
Garage Spaces 14.0
Pool None
Community Features Biking, Park, Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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