Est. cap rate

5.2%

Assumed rent, all units

$8,560/mo

Units

4

Price per unit

$248,750

Est. annual NOI

$51,360

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

3,314 sqft

Lot size

5,001 sqft

Year built

1963

Stories

2

Garage spaces

4

Heating

None

Cooling

None

Pool

None

Status

Active

Days on market

1

MLS #

247572519

About this property

San Pedro is in the middle of a major transformation. West Harbor is reimagining the old Ports O' Call into a vibrant waterfront destination with chef-driven restaurants, retail, and live entertainment. AltaSea is creating a world-class ocean innovation campus focused on climate and sustainability, while thousands of new housing units, arts spaces, and cultural districts like Little Italy LA are shaping a bold new future. This prime multi-family property offers a rare opportunity to invest in San Pedro’s growth. Thoughtfully maintained, the four-unit building features spacious 2-bedroom, 1-bath layouts, each occupied by long-term tenants for steady income. Recent updates include fresh paint and brand-new windows, while well-kept landscaping adds to the property’s inviting curb appeal. Located in a desirable neighborhood near the evolving waterfront and with easy access to the 110 freeway, the property offers everyday convenience near parks, schools, dining, and shopping. Don’t miss the chance to secure a valuable asset in a prime location as San Pedro steps into its next chapter.

Location

233 W Oliver Street

San Pedro, Los Angeles, CA, 90731