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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.
Property Type(s):
Residential Income
| Last Updated | 5/26/2026 | Year Built | 1979 |
|---|---|---|---|
| Community | 185 - Plaza | Garage Spaces | 14.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | 185 - Plaza |
| GARAGE | Yes |
| HEAT | Radiant |
| LOT | 6752 sq ft |
| LOT DIMENSIONS | 6753 |
| PARKING | Assigned, Community Structure |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Keller Williams Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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