$1,550,000

383 W 14th Street, San Pedro, CA 90731

  • 10 beds |
  • 8 baths |
  • 5,180 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon4,809sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $299/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate the highest in San Pedro and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.

Listing Status:
Active
Date Added:
November 5, 2025 at 06:00AM
Listing Office:
Marcus & Millichap : 424-405-3900
Listing Agent:
: 424-405-3855
MLS ID:
25616545
  • Appliances: DisposalRefrigerator
  • A/C: None
  • Heating: Wall Furnace
  • Parking: UncoveredParking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR27456021034
  • Source: CRMLS_CL

This listing courtesy of Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

1

15th Street Elementary School

1527 S Mesa St, San Pedro, CA, 90731

Grades KG-5

0.08 miles away

D

Dana Middle School

1501 S Cabrillo Ave, San Pedro, CA, 90731

Grades 6-8

0.56 miles away

S

San Pedro High School

1001 W 15th St, San Pedro, CA, 90731

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.