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655 W 22nd

San Pedro, CA 90731
  • $950,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: PW25254617
UPDATED: 71 min ago
$950,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Kristina Moore of The Moore Group (714-809-7608)


Description

Exceptional investment opportunity in the heart of San Pedro. This 4-plex is being offered for the first time in over two decades, true long-term ownership pride. Located just minutes from the 22nd Street Marina, 22nd Street Landing, and the rapidly transforming LA Waterfront, this property sits in one of the most desirable and strategically positioned pockets of San Pedro.The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing.Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors.A rare chance to acquire a stable asset with incredible future upside in one of LAs fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you dont want to miss it.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169872972
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655 W 22nd San Pedro, CA 90731

  • Price: $950,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 71 min ago
  • ID#: PW25254617
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1923
Built
Neighborhood:
181 - Point Fermin
County:
Los Angeles
Area:
181 - Point Fermin
Property Description
Exceptional investment opportunity in the heart of San Pedro. This 4-plex is being offered for the first time in over two decades, true long-term ownership pride. Located just minutes from the 22nd Street Marina, 22nd Street Landing, and the rapidly transforming LA Waterfront, this property sits in one of the most desirable and strategically positioned pockets of San Pedro.The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing.Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors.A rare chance to acquire a stable asset with incredible future upside in one of LAs fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you dont want to miss it.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location front gate Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features Garage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Sidewalks Garage YN Yes Gross Income 74016 Gross Scheduled Income 74016 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 51811 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 22204 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4318 Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T20:29:03.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Kristina Moore of The Moore Group (714-809-7608)