1021 W 14th, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
Loading property details...
San Pedro, California 90731
This Turnkey Multifamily Asset is listed at $2,150,000, representing a stable entry point near its $2,083,219 Fair Market Value. Boasting a Mint Condition Rating, the property features extensive capital improvements including a new roof, earthquake retrofitting, and upgraded systems, paired with panoramic ocean and harbor views. With a significant 40% rental upside in the desirable Vista Del Oro neighborhood and proximity to Taper Avenue Elementary (9/10), this 6-unit building offers immediate cash flow potential with minimal deferred maintenance. It is a premier acquisition for Buy-and-Hold Investors and Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 W 14th Subject | $2,150,000* List Price | 0 | 0 | 5,886 | $354 | - |
A 918 S Cabrillo Avenue Active | $2,488,000 List Price | 0 | 0 | 7,598 | $327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a fully renovated 6-unit building featuring major capital improvements including a new roof, upgraded plumbing and electrical systems, and a completed earthquake retrofit. Interior units have been updated with new flooring, heaters, and appliances, with select units receiving new cabinetry and countertops, meeting the criteria for a turnkey, mint-condition renovation with no deferred maintenance.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property is a fully renovated, turnkey investment featuring a new roof, upgraded plumbing and electrical, earthquake retrofitting, and balcony compliance, significantly reducing future capital expenditure for the buyer.
With an estimated 40% upside in rental income, this 6-unit building offers substantial opportunity for value-add investors to optimize cash flow and increase the asset's capitalization rate.
The property has undergone a significant price reduction from its original listing of $2.385M, which may indicate initial overpricing or market hesitation regarding current valuation.
Located less than a block from San Pedro Senior High School, the property likely faces increased noise levels and significant traffic congestion during morning drop-off and afternoon pick-up hours.
We are proud to present 1021 W 14th Street, a fully renovated 6-unit apartment building located in the highly desirable Vista Del Oro neighborhood of San Pedro, offering approximately 40% upside in rental income. The property consists of a 5,886 SF building on a 6,563 SF lot with an ideal unit mix of (1) 3BR/2BA, (2) 2BR/2BA, (2) 2BR/1BA, and (1) 1BR/1BA. The entire building has been updated inside and out, featuring major capital improvements including a new roof, upgraded plumbing and electrical systems, dual-pane windows, new flooring throughout, and fresh exterior paint, along with a completed earthquake retrofit and engineered walkway/balcony compliance upgrades. Unit improvements include new heaters, appliances, lighting, fans, and modern safety features, with select units offering updated kitchens with new cabinetry and granite countertops. Additional highlights include Ring security cameras throughout and upgraded exterior landscaping systems, making this a true pride-of ownership, turnkey multifamily investment in one of San Pedro’s most sought-after residential districts.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,886 | 5,747.5 | 50% |
| Lot Size | 6,563 | 5,701.5 | 50% |
| Price | $2.15M | $1.77M | 50% |
| Price per sq ft | $365 | $307 | 50% |
| Built year | 1964 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 85 | 50% |
Apr 21, 2026
$2,150,000
$2,385,000
-10% Price Drop
Initial Listing
Feb 16, 2026
$2,385,000
Initial Listing
Jan 30, 2015
$425,000
Public Record
Mar 28, 2002
$540,000
Public Record