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$1,450,000
 $7,784 est/mo Sourced by Back At You

383 W 14th Street,San Pedro, CA 90731

San Pedro, CA 90731

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Description

8 Unit Apartment Complex Near Waterfront Development in one of the fastest-growing rental pockets of Los Angeles. The property consists of all 1 bed/1 bath units, generating $12,918/month in current rental income (including projected rent for 1 Vacant unit). Offered at a 7% CAP rate and 9.3 GRM, this is the strongest cash-flowing multifamily opportunities in San Pedro for a well maintained property. ***Major capital improvements include electrical, plumbing, exterior paint, reinforced foundation, and roof work, 7 of the 8 units have been renovated. Potential to add ADUs in the rear (Buyer to Verify).*** Located near the massive San Pedro waterfront redevelopment with over $500M in private investment and an additional $140M in recent federal port-related funding, the area is experiencing major transformation with new residential, retail, dining, and infrastructure projects expected to continue driving rental demand and property values upward stronger than most Los Angeles submarkets.

Details

MLS #SB26125439
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive Under Contract
Year1923
Days On Site78
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Olga Wright

Features

SQ Feet5,180
Story(s)2
Units8
Building(s)1
Acreage0.11

Exterior

Lot FeaturesWalkstreet

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Urban

Area Information

StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area185 Plaza
Listing VS Median (in 90731)
Price:
$1,450,000
low | high
Med:
$820,000
93.448275862069% of Average
sqft:
5,180
low | high
Med:
5,102
51.505791505792% of Average
$ / sqft:
$280
low | high
Med:
$161
92.583706186891% of Average
On site:
78
low | high
Med:
343
22.740524781341% of Average
Sourced by Back At You

Market Activity 90731

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area185 Plaza
Listing VS Median (in 90731)
Price:
$1,450,000
low | high
Med:
$820,000
93.448275862069% of Average
sqft:
5,180
low | high
Med:
5,102
51.505791505792% of Average
$ / sqft:
$280
low | high
Med:
$161
92.583706186891% of Average
On site:
78
low | high
Med:
343
22.740524781341% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.87M - $1.812M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
423 W 17th Property Photo 1
$1,099,000
423 W 17th
San Pedro, CA 90731
535 W 15th Property Photo 1
$1,500,000
535 W 15th
San Pedro, CA 90731
523 W 12th 5 Property Photo 1
$2,650
523 W 12th 5
San Pedro, CA 90731
Listing Updated: August 26, 2026 at 1:03:47 PM PDT

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