Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$1,695,000
 $9,099 est/mo Sourced by Back At You

626 W 7th,San Pedro, CA 90731

San Pedro, CA 90731

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Description

High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential. Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from the massive 42 acre West Harbor LA Waterfront Development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.

Details

MLS #SB26029816
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1923
Days On Site198
Listing Provided ByBuckingham Investments, Inc | Anthony Walker

Features

SQ Feet5,616
Garage4
Story(s)2
Units10
Building(s)2
Acreage0.11
Property ViewNone

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Window FeaturesWood Frames
AppliancesGas Oven, Gas Range
Fireplace Yes / NoNo

Exterior

RoofFlat
Construction MaterialsStucco
Foundation DetailsRaised
Lot FeaturesRectangular Lot
FencingNone

Parking

Parking FeaturesGarage Faces Rear
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area189 Barton Hill
Listing VS Median (in 90731)
Price:
$1,695,000
low | high
Med:
$1,112,000
84.395280235988% of Average
sqft:
5,616
low | high
Med:
2,946
97.542735042735% of Average
$ / sqft:
$302
low | high
Med:
$378
24.790728873247% of Average
On site:
198
low | high
Med:
178.5
100% of Average
Sourced by Back At You

Market Activity 90731

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Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area189 Barton Hill
Listing VS Median (in 90731)
Price:
$1,695,000
low | high
Med:
$1,112,000
84.395280235988% of Average
sqft:
5,616
low | high
Med:
2,946
97.542735042735% of Average
$ / sqft:
$302
low | high
Med:
$378
24.790728873247% of Average
On site:
198
low | high
Med:
178.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.271M - $2.118M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
601 W 6th Property Photo 1
$1,524,000
601 W 6th
San Pedro, CA 90731
601 W 6th Property Photo 1
$1,495,000
601 W 6th
San Pedro, CA 90731
571 W 7th Street Property Photo 1
$2,900,000
571 W 7th Street
San Pedro, CA 90731
Listing Updated: August 22, 2026 at 7:39:22 AM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions