629 W 8th W, San Pedro, CA 90731

San Pedro
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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 exceptional location — 629–633 W 8th Street delivers what today's investors are searching for: immediate stability with a clear path to more. Each unit is a private 1-bed/1-bath apartment with its own separate utility meter, making day-to-day management simple. An on-site garage adds bonus income, currently rented as storage. Here's the math: a 5.50% cap rate in place today, climbing to a 7.42% pro-forma as below-market units turn over — a path backed by California's Costa-Hawkins vacancy decontrol. But the numbers only tell half the story. This property sits minutes from Long Beach's booming Space & Defense corridor, and walking distance to the San Pedro waterfront revitalization, the LA Cruise Hub, and the new West Harbor development. With the 2028 LA Olympics on the horizon, this corridor is one of San Pedro's fastest-changing pockets — and this is a rare chance to own five units right in the middle of it, now at a new price. The fundamentals haven't...

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Home facts

  • Year built:1905
  • Listing ID #:PW26132952
  • Added:46 day(s) ago
  • Updated:August 04, 2026 at 01:29 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Gas Oven, Gas Range, Refrigerator
  • Living area:3,716 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

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

  • Amenities:All Bedrooms Down, All Bedrooms Up

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
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