$999,900
-$134,100629 W 8th W, San Pedro CA 90731
Multi-Family (5 Units)
Property type
71 days
On market
$269
Price per sqft
1 car
Garage
1905
Year built
5,001 sqft
Lot size
Open Houses
Overview
Massive $135,000 Price Reduction 5-unit apartment building nestled in the heart of San Pedro. | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can...
Listing provided by: Gustavo Arias DRE #01889399, First Team Real Estate
Listing updated: Apr 29, 2026 at 12:10am.
Last checked: Jun 4, 2026 at 05:01pm
Source: CRMLS #PW26061098
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,800 | $1,950 | $2,050 | Unfurnished |
| 1 | 1 | 1 | — | $1,664 | $1,664 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,747 | $17,747 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $916 | $916 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | — | $1,800 | $1,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Trash Collection
Financial Snapshot
Gross Rent Multiplier
10.3x
List Price / Annual Gross Rent
Cap Rate
6.52%
NOI / List Price
Gross Scheduled Income: $96,629
Operating Expense: $21,888
Net Operating Income: $74,741
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,428
New Taxes: $15,372
Professional Management: $0
Trash: $0
Water / Sewer: $5,088
Interior
Laundry: None
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall, No One Above
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 1
Parking Total: 1
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7454005010
Additional Parcels: No
Tax Lot: 11
Tax Block: 4
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 629 W 8th W, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$799,920
Total Interest
$1,020,254
Total Payment
$1,820,174
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,248
per month
Property History for 629 W 8th W
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
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