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629 W 8th W, San Pedro, CA 90731

San Pedro
Local realty services provided by:CENTURY 21 Valley Properties
629 W 8th W,San Pedro, CA 90731
$999,900
  • - 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:$999,900
  • Price per sq. ft.:$269.08

About this home

5-unit multifamily in the heart of San Pedro's transformation — and the timing couldn't be better. This stabilized asset at 629–633 W 8th Street delivers immediate cash flow at a 5.50% in-place cap rate with a clear path to 7.42% as below-market units turn over — fully supported by California's Costa-Hawkins vacancy decontrol provisions. Each unit is 1 bed / 1 bath with one-car garages and separate utility meters — a landlord-friendly setup from day one. The total building is 3,716 SF. The location does the heavy lifting: less than 10 minutes from Long Beach's booming Space & Defense corridor — home to Rocket Lab, Relativity Space, Anduril, and VAST — and steps from the San Pedro waterfront redevelopment, the LA Cruise Hub, and the official FIFA World Cup 2026 Fan Zone at West Harbor. The 2028 LA Olympics add another layer to an already compelling long-term growth story. San Pedro isn't a speculative bet — it's a community mid-transformation with the institutional backing,...

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Home facts

  • Year built:1905
  • Listing ID #:PW26132952
  • Added:1 day(s) ago
  • Updated:June 19, 2026 at 11:36 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:$999,900
  • Price per sq. ft.:$269.08

Features and amenities

  • Amenities:All Bedrooms Down, All Bedrooms Up

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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