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655 W 22nd St 4 Unit Apartment Building $950,000 ($237,500/Unit) San Pedro, CA 90731
Investment Highlights
- Located within a strong commuter corridor offering quick access to the South Bay and major LA employment hubs.
- Three secure garage spaces provide additional tenant convenience and potential ancillary income.
- Situated near the LA Waterfront’s West Harbor development site, a $150 million project that will elevate local housing demand.
- Four-unit multifamily property featuring all one-bedroom, one-bath units.
Executive Summary
Four-unit multi-family property in San Pedro, located minutes from the 22nd Street Marina and the upcoming West Harbor waterfront development. Each unit features a one-bedroom/one-bath layout, with three dedicated garage spaces on site. Long-term ownership, strong coastal demand, and future area growth create attractive upside potential for both investors and owner-users.
Property Facts
| Price | $950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $237,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 4 | Building Size | 2,163 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1923 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 2,163 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7465-001-006 | Improvements Assessment | $167,260 |
| Land Assessment | $731,796 | Total Assessment | $899,056 |
Property Taxes
Parcel Number
7465-001-006
Land Assessment
$731,796
Improvements Assessment
$167,260
Total Assessment
$899,056
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Contact the Sale Advisor
655 W 22nd St