570 W 8th, San Pedro, CA 90731

San Pedro
Local realty services provided by:ERA North Orange County Real Estate
570 W 8th,San Pedro, CA 90731
$1,450,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin white
Office: justin white
MLS#:PW26089556
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,450,000

About this home

570 W. 8th󠃍󠂏󠃢󠂁󠂠󠃢󠂁󠂠󠃢󠂁󠂢󠃢󠂁󠂢󠃳󠂠󠂀󠂠 Street, an 8-unit apartment community 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. The Rent Correction Path: Immediate, Actionable, and Contractually Supported For occupied units, the path to market rents is two fold. First, the property is governed by California's AB 1482 Tenant Protection Act not the City of Los Angeles Rent Stabilization Ordinance, which applies only to buildings constructed on or before October 1, 1978. Under AB 1482, the current allowable annual increase is the lesser of 10% or 5% plus regional CPI, enabling meaningful and immediate progress toward market on existing tenancies. Second, and more significantly, vacancy decontrol is fully...

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Home facts

  • Listing ID #:PW26089556
  • Added:162 day(s) ago
  • Updated:October 04, 2026 at 01:59 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,450,000
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