CA > San Pedro
San Pedro, CA 90731,409 W 22nd St
San Pedro, CA 90731,409 W 22nd St
San Pedro, CA 90731,409 W 22nd St
9
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$1,400,000
Est. payment /mo
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8 Beds
8 Baths
6,496 SqFt
Pending

409 W 22nd St San Pedro, CA 90731

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Simply Vegas

Simply Vegas

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,496 sqft

Price per Sqft $215

MLS Listing ID 25543809

Bedrooms 8

Year Built 1921

Lot Size 5,513 Sqft

Acres 0.1266

Property Sub-Type Multi-Family

Property Description

409 West 22nd presents a terrific opportunity for a discerning investor to acquire eight units in San Pedro. Boasting a strong in-place Cap Rate with projected 22% +-/ rental upside, there are several ways that an investor can tackle this! The units are large for one beds, averaging just over 800 square feet each and most have their own distinct, separate entryways from other units, giving a better sense of privacy for tenants. Several units even have balconies! The property sits on two separate parcels with a large parking area to the rear, for a combined lot square footage of 10,414. Located in the Point Fermin neighborhood, the property is close to Cabrillo Beach and the Marina! The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Location

State CA

County Los Angeles

Area Point Fermin

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Equipment None

Exterior

Parking Features Uncovered

Garage Spaces 14.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Realty

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