629 W 8th W, San Pedro, CA 90731
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
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 are still here. The timing has never been better....
Contact an agent
Home facts
- Year built:1905
- Listing ID #:PW26132952
- Added:54 day(s) ago
- Updated:August 10, 2026 at 09:16 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Gas Oven, Gas Range, Refrigerator
- Bedroom Description:All Bedrooms Down, All Bedrooms Up
- Living area:3,716 sq. ft.
Heating and cooling
- Heating:Wall Furnace
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
- Appliances:Gas Oven, Gas Range, Refrigerator
- Amenities:Unfurnished, Wood Frames
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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