629 W 8th W, San Pedro, CA 90731

San Pedro
Local realty services provided by:ERA Excel Realty
629 W 8th W,San Pedro, CA 90731
$998,900
  • - Beds
  • - Baths
  • 3,716 sq. ft.
  • Multi-family
  • Active
Listed by: gustavo arias
Office: first team real estate562-270-0688
MLS#:PW26132952
Source:CRMLS

Price summary

  • Price:$998,900
  • Price per sq. ft.:$268.81

About this home

Five doors, one location that's hard to beat — 629–633 W 8th Street offers exactly what savvy investors are chasing right now: steady income today, with real room to grow. Each unit is a private 1-bed/1-bath apartment on its own separate utility meter, keeping day-to-day operations straightforward. A garage on the property adds extra income, currently leased out as storage. The numbers speak for themselves: a 5.50% cap rate in place today, with upside to 7.42% pro-forma as below-market units turn over — supported by California's Costa-Hawkins vacancy decontrol. Location does the rest of the work. Minutes from Long Beach's fast-growing Space & Defense corridor, and walking distance to San Pedro's waterfront revitalization, the LA Cruise Hub, and the new West Harbor development. With the 2028 LA Olympics approaching, this is one of San Pedro's fastest-evolving corridors — and a rare shot at owning five units right in the middle of it, now at a new price. The fundamentals...

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Home facts

  • Year built:1905
  • Listing ID #:PW26132952
  • Added:53 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Gas Oven, Gas Range, Refrigerator
  • Living area:3,716 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Rolled Hot Mop
  • Year built:1905
  • Building area:3,716 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$998,900
  • Price per sq. ft.:$268.81

Features and amenities

  • Amenities:All Bedrooms Down, All Bedrooms Up

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
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