$1,670,000
570 W 8th, San Pedro CA 90731
Multi-Family (8 Units)
Property type
42 days
On market
$232
Price per sqft
12 cars
Garage
1984
Year built
5,001 sqft
Lot size
Open Houses
Overview
570 W. 8th Street is an 8-unit apartment located in San Pedro, California. Built in 1984, the property offers a rare combination of below-market cost basis, two immediate vacancy opportunities, and a well-documented rent correction story that positions the next owner to capture over $70,000 in additional annual gross income as the rent roll normalizes to market. An Exceptional...
Listing provided by: Justin White DRE #01267826, Justin White
Listing updated: Apr 25, 2026 at 12:11am.
Last checked: Jun 4, 2026 at 06:31pm
Source: CRMLS #PW26089556
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $2,600 | Unfurnished |
| 1 | 2 | 1 | — | $1,200 | $1,200 | $2,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,200 | $1,200 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $800 | $800 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $825 | $825 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $800 | $800 | $1,800 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $1,600 | Unfurnished |
| 1 | 0 | 1 | — | $725 | $725 | $1,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 8
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
3.29%
NOI / List Price
Gross Scheduled Income: $117,600
Operating Expense: $56,849
Net Operating Income: $54,871
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
New Taxes: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Balcony, Multiple Staircases
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 3
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage Faces Front, Garage Faces Rear
Garage Spaces: 12
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7454003016
Additional Parcels: No
Tax Lot: 20
Tax Block: 1
Community
Senior Community: No
Community Features: Biking, Curbs, Suburban, Urban
Nearby Schools
Nearby schools around the 570 W 8th, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,336,000
Total Interest
$1,703,994
Total Payment
$3,039,994
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,334
per month
Property History for 570 W 8th
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
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