579 W 14th St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$2,495,000 USD
424-558-0476
579 W 14th St, San Pedro, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/11
null | 3.7% Cap Rate

579 W 14th St
San Pedro, CA 90731
Central San Pedro


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

8

PRICE/UNIT

$311,875

CAP RATE

3.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,752 SF

ZONING

LARD1.5

APN/PARCEL ID

7454-027-003

ASK ABOUT THIS PROPERTY

Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

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Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.