$3,350,000
635 W 15th Street, San Pedro CA 90731
Multi-Family (13 Units)
Property type
15 days
On market
$264
Price per sqft
17 cars
Garage
1979
Year built
10,007 sqft
Lot size
Home highlights
Open Houses
Overview
No LA rent control! Positioned in a prime San Pedro location, this 13-unit multifamily investment opportunity offers strong income potential with an attractive unit mix of nine (9) one-bedroom units and four (4) two-bedroom units. The property features community laundry facility, seventeen (17) on-site parking spaces. One unit is currently vacant, presenting immediate upside...
Listing provided by: Nicole Pletkovich DRE #02015236 424-558-0476, Keller Williams Realty, Gordon Inman DRE #00446156 310-936-1979, Keller Williams Realty
Listing updated: May 22, 2026 at 11:52pm.
Last checked: Jun 5, 2026 at 08:01am
Source: CRMLS #PV26103217
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $1,412 | $1,412 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,750 | $1,750 | $1,750 | Unfurnished |
| 1 | 1 | 1 | — | $1,405 | $1,405 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,412 | $1,412 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,445 | $1,445 | $1,600 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,525 | $1,525 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,380 | $1,380 | $1,700 | Unfurnished |
| 1 | 2 | 1 | — | $1,530 | $1,530 | $1,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 13
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 1
Carpet: 13
Dishwasher: 13
Disposal: 13
Ranges: 13
Rent Control: No
Units Leased: 12
Total Actual Rent: $20,428
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.8x
List Price / Annual Gross Rent
Cap Rate
4.1%
NOI / List Price
Gross Scheduled Income: $243,336
Operating Expense: $105,615
Net Operating Income: $137,720
Annual Operating Expenses
Electric: $3,019
Gardener: $1,500
Fuel: $3,242
Insurance: $13,291
Licenses: $1,286
Maintenance: $15,701
New Taxes: $41,875
Pest Control: $195
Professional Management: $4,800
Trash: $7,267
Water / Sewer: $13,436
Interior
Interior Features: Intercom
Room Type: Kitchen, Laundry, Living Room
Flooring: Carpet, Tile, Vinyl
Cooling: None
Heating: Radiant
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
Fireplace: None
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Roof: Tile
Window Features: Blinds, Screens
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Landscaped, Rectangular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Assigned, Community Structure
Garage Spaces: 17
Parking Total: 17
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7454031032
Additional Parcels: No
Tax Lot: 0
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 635 W 15th Street, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,680,000
Total Interest
$3,418,192
Total Payment
$6,098,192
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,579
per month
Property History for 635 W 15th Street
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
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