Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB26029816
MLS Source
California Regional MLS
Days on Site
29
Interior Features
Appliances
Oven - Gas, Oven Range - Gas
Flooring
Laminate
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Raised
Style
Mediterranean
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: (310) 982-7055
Co-Listing Agent
Josh Ess
License #: 02035659
Phone: (310) 982-7055
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
626 W 7th is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 5,001 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in 1923. This address can also be written as 626 W 7th, San Pedro, CA 90731.
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This listing information is up-to-date as of February 10, 2026. For the most current information, please contact Anthony Walker, (310) 982-7055
