383 W 14th Street, San Pedro, CA 90731
Local realty services provided by:ERA Excel Realty
383 W 14th Street,San Pedro, CA 90731
$1,550,000
- 10 Beds
- 8 Baths
- 5,180 sq. ft.
- Multi-family
- Active
Listed by:
Office: marcus & millichap
MLS#:25616545
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$299.23
About this home
We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate the highest in San Pedro and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.
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Home facts
- Year built:1923
- Listing ID #:25616545
- Added:5 day(s) ago
- Updated:November 11, 2025 at 11:27 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Living area:5,180 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1923
- Building area:5,180 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$299.23
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