409 W 22nd Street, San Pedro, CA 90731

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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409 W 22nd Street,San Pedro, CA 90731
$1,400,000
  • 8 Beds
  • 8 Baths
  • 6,496 sq. ft.
  • Multi-family
  • Pending
Listed by:joshua cohen
Office:keller williams realty
MLS#:25543809
Source:CRMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$215.52

About this home

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,

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Home facts

  • Year built:1921
  • Listing Id #:25543809
  • Added:80 day(s) ago
  • Updated:August 17, 2025 at 07:24 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:6,496 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1921
  • Building area:6,496 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$215.52
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