$1,695,000
626 W 7th, San Pedro CA 90731
Multi-Family (10 Units)
Property type
116 days
On market
$302
Price per sqft
4 cars
Garage
1923
Year built
5,001 sqft
Lot size
Home highlights
Open Houses
Overview
High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense...
Listing provided by: Anthony Walker DRE #01908153 310-982-7055, Buckingham Investments, Inc, Josh Ess DRE #02035659 310-982-7055, Buckingham Investments, Inc
Listing updated: Feb 10, 2026 at 11:09pm.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #SB26029816
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $1,747 | $1,747 | $2,500 | Unfurnished |
| 9 | 0 | 1 | — | $1,387 | $1,387 | $1,450 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 1
Separate Water Meters: 1
Ranges: 10
Rent Control: Yes
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
8.5x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Gross Scheduled Income: $198,732
Vacancy Allowance Rate: 5%
Operating Expense: $87,879
Net Operating Income: $102,314
Annual Operating Expenses
Electric: $8,424
Gardener: $2,450
Fuel: $3,562
Insurance: $9,828
Licenses: $1,160
Maintenance: $9,510
New Taxes: $21,188
Pest Control: $1,200
Professional Management: $9,510
Trash: $5,935
Water / Sewer: $15,112
Interior
Flooring: Laminate
Cooling: None
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range
Fireplace: None
Laundry: None
Accessibility: None
Entry Location: 1
Exterior
Architectural Style: Mediterranean
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Flat
Foundation: Raised
Window Features: Wood Frames
Construction Materials: Stucco
Common Walls: Two Common Walls Or More
Direction Faces: South
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: 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: Garage Faces Rear
Garage Spaces: 4
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7451036019
Additional Parcels: No
Tax Lot: 24
Tax Block: 8
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 626 W 7th, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,356,000
Total Interest
$1,729,503
Total Payment
$3,085,503
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,486
per month
Property History for 626 W 7th
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
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