
San Pedro, California 90731
The Pacific Apartments is located in one of Southern California’s most charming coastal neighborhoods. The property features breathtaking ocean views and is walking distance to the coast. The building includes 8 units, consisting of two 2 bedroom 1 bath units and six 1 bedroom 1 bath units. The units include an open floorplan and various upgrades throughout. The property is conveniently located near local dining, shops and just a short drive from the beautiful Terranea resort in Rancho Palos Verdes. This pocket of San Pedro is both quaint and cozy, being so close to the water and adjacent to Cabrillo Beach. Just nearby is also the new and improved West Harbor Port of Los Angeles, featuring an amusement park, restaurants, the West Harbor amphitheater and much much more. This is a unique opportunity to invest in a premier coastal location with strong rental demand and long-term upside potential.
Property is moderate renovation needed.
The property was built in 1953 (71 years old). While the listing mentions 'various upgrades throughout,' the building's exterior and overall age suggest it is a dated structure that has surpassed the 20-year threshold. It appears functional and move-in ready for tenants, but likely requires minor repairs and modernization of major systems (HVAC/Electric) to meet contemporary standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property is situated in a highly desirable coastal pocket of San Pedro, offering breathtaking ocean views and immediate walking access to the beach.
Located near the new West Harbor Port of Los Angeles project, the property stands to benefit from significant long-term appreciation and increased local foot traffic.
Built in 1953, the building may require more frequent maintenance and capital expenditures compared to newer constructions, despite recent cosmetic upgrades.
While some nearby schools are highly rated, several local elementary schools have lower performance scores, which may limit appeal for families with young children.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,404 | 5,509 |
| Lot Size | 6,101 | 7,217.5 |
| Price | $3.00M | $1.65M |
| Price per sq ft | $680 | $329 |
| Built year | 1953 | 1968 |
| HOA | $0 | $0 |
| Days on market | 123 | 102 |
Jun 24, 2026
$2,995,000
Initial Listing
Apr 11, 2013
$860,000
Public Record