570 W 8th, San Pedro, CA, 90731

USD 1,670,000
For Sale

Property Details

Bedrooms

8

Bathrooms

8

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 8 • Bathrooms: 8 • Square Feet: 7192 • Lot/Size: 5,001 sqft lot

Description: 570 W. 8th Street is an 8-unit apartment located in San Pedro, California. Built in 1984, the property offers a rare combination of below-market cost basis, two immediate vacancy opportunities, and a well-documented rent correction story that positions the next owner to capture over $70,000 in additional annual gross income as the rent roll normalizes to market. An Exceptional Entry Price Relative to the Market At $1,670,000, this offering is priced at $208,750 per unit and $232 per square foot — both figures represent a meaningful discount to every relevant benchmark in the current San Pedro market. The three most recent sold comparables averaged $278,333 per unit and $348.72 per squ

Location

Address

570 W 8th, San Pedro, CA, 90731

City

San Pedro

Features and Finishes

Year Built: 1984; [object Object]; [object Object]; [object Object]

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