
San Pedro, California 90731
This Quadruplex Residential Income Property is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,448,210 Fair Market Value by 6%. This valuation gap offers $99,210 in Instant Equity. With a Condition Rating of 3, the property features recent renovations and modern systems. Located near the $150M West Harbor development and top-rated schools like Taper Avenue Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the vacant 2-bedroom unit for immediate occupancy or market-rate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1136 W 10th Subject | $1,349,000* List Price | 0 | 0 | 3,065 | $472 | - |
A 939 941 W 17th Sold | $1,075,000 | 0 | 0 | 2,804 | $383 | 0.5 mi |
B 1025 W 12th Sold | $1,150,000 | 0 | 0 | 2,760 | $417 | 0.2 mi |
C 939 941 W 17th Sold | $1,075,000 | 6 | 4 | 2,804 | $383 | 0.5 mi |
D 1331 S Patton Sold | $1,188,000 | 0 | 0 | 2,357 | $504 | 0.3 mi |
E 1810 S Leland Active | $1,175,000 List Price | 5 | 3 | 2,781 | $423 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1950, the property is well-maintained with significant recent renovations to 50% of the units. Updated features include vinyl flooring, upgraded bathrooms, and modern systems such as forced HVAC and a tankless water heater in the primary unit, making it move-in ready.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The delivery of a vacant 2-bedroom unit allows an owner-occupant to utilize favorable residential financing or enables an investor to immediately secure market-rate rent in a high-demand area.
Situated in the desirable Vista Del Oro neighborhood near the $150M West Harbor waterfront redevelopment, the property is perfectly positioned for significant long-term capital appreciation.
Built in 1950, the property may require higher long-term maintenance reserves for aging plumbing or electrical systems that have not been fully modernized across all four units.
The provision of only four on-site parking spaces for four units—including two 2-bedroom apartments—may be insufficient for modern tenant needs and could limit rental premium potential.
Owners unit (2 bedroom unit) will be delivered vacant July 1st! Fantastic 4-unit income property ideally located in the heart of San Pedro’s highly desirable Vista Del Oro neighborhood with a 5% cap rate. This well-maintained multifamily offering features a strong unit mix of two 1-bedroom apartments and two 2-bedroom apartments, providing excellent rental versatility and income potential. The property includes four on-site parking spaces located at the rear, community laundry, and individual secure storage areas for each unit. The two rear units have been recently renovated. The end unit offers charming wood-beam ceilings, a fireplace, forced heating and air conditioning, a tankless water heater, and washer and dryer hookups. The rear 1-bedroom unit has been updated with vinyl flooring, an upgraded bathroom, and additional improvements. Tenants pay all utilities except water and trash, supporting efficient operating expenses. Centrally located near schools, shopping, dining, and with easy freeway access, this property presents an excellent opportunity for both owner-users and investors alike. The property is also conveniently located near the new San Pedro waterfront development, West Harbor, an over $150-million, 42-acre redevelopment featuring restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment—adding long-term value and appeal to this exceptional income property.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 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 | 3,065 | 2,320 | 65% |
| Lot Size | 6,752 | 5,002 | 89% |
| Price | $1.35M | $940.0K | 86% |
| Price per sq ft | $440 | $417 | 51% |
| Built year | 1950 | 1946 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 214 | 3% |
May 20, 2026
$1,349,000
Initial Listing
Sep 18, 2019
$1,070,000
Public Record
Sep 8, 2010
$599,500
Public Record