
San Pedro, California 90731
This High-Potential Investment Opportunity is a Quadruplex listed at $1,200,000, positioned slightly above the $1,197,935 Fair Market Value. Featuring a Condition Rating of 4, this asset offers a stable, income-producing portfolio with a rare three-bedroom unit and private in-unit laundry. Located in the prestigious Palisades, the property benefits from proximity to top-rated schools like Palos Verdes Peninsula High School (10/10) and Taper Avenue Elementary (9/10). This is a reliable, long-term asset ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking consistent cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 W 26th Subject | $1,200,000* List Price | 0 | 0 | 4,814 | $249 | - |
A 1012 W 18th Street Sold | $1,160,000 | 0 | 0 | 4,739 | $245 | 0.5 mi |
B 358 W 17th Sold | $1,120,000 | 0 | 0 | 4,547 | $246 | 1.0 mi |
C 534 W 19th Sold | $980,000 | 0 | 0 | 4,000 | $245 | 0.7 mi |
D 665 W 21st Active | $1,379,000 List Price | 0 | 0 | 4,438 | $311 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975 (49 years old), the property is described as meticulously maintained with high pride of ownership, but lacks mention of recent major renovations to kitchens, baths, or systems. Given the age exceeds 20 years without a documented overhaul, it is classified as functional but likely dated.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a versatile unit mix including a rare three-bedroom unit and private in-unit laundry for every residence, significantly enhancing tenant appeal and long-term desirability.
Situated in the prestigious Palisades neighborhood, this asset offers a quiet residential setting with high walkability and close proximity to the significant LA Waterfront redevelopment project.
While long-term tenants provide immediate stability, they often indicate that current rental rates may be below market value, potentially limiting initial cash-on-cash returns.
Built in 1975, the property may require future investments in aging systems or utility upgrades to maintain modern efficiency standards and competitive positioning.
Premier Palisades Investment Opportunity Welcome to an exceptional income-producing property in the highly coveted Palisades neighborhood of San Pedro, where location, stability, and long-term investment potential come together. Rarely does an opportunity present itself to acquire a meticulously maintained four-unit property in one of the area's most established and desirable residential communities. This pride-of-ownership quadruplex features an ideal unit mix consisting of one spacious three-bedroom unit, two well-appointed two-bedroom units, and one comfortable one-bedroom unit, providing broad tenant appeal and a diversified rental portfolio. All four residences are occupied by long-term tenants, offering immediate income and a proven history of consistent occupancy. Designed with tenant comfort in mind, each unit features its own private in-unit laundry, a highly sought-after amenity that enhances convenience and long-term desirability. The property also offers secure on-site parking, providing peace of mind for residents and adding to its overall value. Nestled on a quiet, tucked-away street, this well-maintained property enjoys a peaceful setting while remaining just moments from everything San Pedro has to offer. Residents appreciate the walkable neighborhood with nearby parks, shopping, restaurants, coffee shops, schools, and everyday conveniences. The beautiful San Pedro coastline, beaches, scenic walking trails, and the exciting LA Waterfront redevelopment are all just minutes away, making this an increasingly desirable location for tenants and investors alike. The attractive curb appeal, manicured grounds, and consistent care throughout the property reflect years of conscientious ownership. Whether you're completing a 1031 Exchange, expanding your investment portfolio, or seeking a quality asset with dependable income in a thriving coastal community, this property offers exceptional long-term value and appreciation potential. Quality multifamily properties in the Palisades are seldom available. Don't miss this rare opportunity to own a premier investment in one of San Pedro's most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,814 | 1,676 |
| Lot Size | 5,958 | 5,101 |
| Price | $1.20M | $998.9K |
| Price per sq ft | $249 | $457 |
| Built year | 1975 | 1923 |
| HOA | $0 | $0 |
| Days on market | 2 | 108 |
Jul 20, 2026
$1,200,000
Initial Listing
Feb 4, 2000
$450,000
Public Record