579 W 14th, San Pedro, CA 90731
579 W 14th, San Pedro, CA 90731
579 W 14th, San Pedro, CA 90731
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$2,495,000
Est. payment /mo
6,751 Sqft Lot
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV26110412

HOA Y/N No

Year Built 1979

Lot Size 6,751 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Heating Radiant

Cooling None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Community Structure

Garage Spaces 14.0

Garage Description 14.0

Pool None

Community Features Biking, Park, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 14

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7454027003

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 6266.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


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Listed by Nicole Pletkovich Keller Williams Realty 424-558-0476, DRE #02015236

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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