16
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$950,000
Est. payment /mo
5,000 Sqft Lot
New
655 W 22nd San Pedro, CA 90731
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25254617
HOA Y/N No
Year Built 1923
Lot Size 5,000 Sqft
Property Sub-Type Apartment
Property Description
Exceptional investment opportunity in the heart of San Pedro. This 4-plex is being offered for the first time in over two decades, true long-term ownership pride. Located just minutes from the 22nd Street Marina, 22nd Street Landing, and the rapidly transforming LA Waterfront, this property sits in one of the most desirable and strategically positioned pockets of San Pedro.
The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing.
Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors.
A rare chance to acquire a stable asset with incredible future upside in one of LA's fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you don't want to miss it.
The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing.
Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors.
A rare chance to acquire a stable asset with incredible future upside in one of LA's fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you don't want to miss it.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7465001006
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Kristina Moore The Moore Group 7148097608
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