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570 W 8th

San Pedro, CA 90731
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Bed 8

Bed

Bath 8

Bath

SqFt5,001

Sqft(Lot)

570 W. 8th Street, an 8-unit apartment community located in San Pedro, California. Built in 1984, the property offers a rare combination of below-market cost basis, two immediate vacancy opportunities, and a well-documented rent correction story that positions the next owner to capture over 70,000 in additional annual gross income as the rent roll normalizes to market. The Rent Correction Path: Immediate, Actionable, and Contractually Supported For occupied units, the path to market rents is two fold. First, the property is governed by California's AB 1482 Tenant Protection Act not the City of Los Angeles Rent Stabilization Ordinance, which applies only to buildings constructed on or before October 1, 1978. Under AB 1482, the current allowable annual increase is the lesser of 10% or 5% plus regional CPI, enabling meaningful and immediate progress toward market on existing tenancies. Second, and more significantly, vacancy decontrol is fully preserved under AB 1482 every unit that turns can be re-leased at full market rate with no ceiling.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,450,000

AD Id : 77728030

MLS Id : PW26089556

Beds : 8

Lot Size : 5,001 Sqft

Year Built : 1984

Garage : 12

County : Los Angeles

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Feature Features

  • Interior Features

    Balcony, MultipleStaircases
    Laundry Features: CommonArea

  • Building Information

    Year Built: 1984
    Building Area Total: 7192
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5001 Lot Size Acres: 0.1148 Lot Size Source: Assessor Lot Size Square Feet: 5,001 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1450000
    Original Price: $1670000
    Cash, Exchange1031

  • Tax Information

    Parcel Number: 7454003016 Tax Lot: 20 Tax Block: 1

  • Parking Information

    Parking Total: 12 GarageFacesFront, GarageFacesRear

    Garage Information

    Has Garage: Yes Garage Space: 12

  • Location Information

    Direction: East of Gaffey St. and West of S Pacific Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
517 S Grand Avenue, San Pedro, CA, 90731 $530,000 2 1 1,280 4,499 Sqft
324 W Oliver, San Pedro, CA, 90731 $928,000 3 2 1,164 2,800 Sqft
283 Dockside Lane, San Pedro, CA, 90731 $1,049,000 3 4 2,086 1,346 Sqft
285 W 9th Street, San Pedro, CA, 90731 $699,000 2 1 1,400 1,485 Sqft
230 232 W 15th Street, San Pedro, CA, 90731 $1,089,999 -- -- -- 5,001 Sqft
372 W 11th Street, San Pedro, CA, 90731 $1,039,000 3 4 3,151 5,004 Sqft
802 Bejay Place, San Pedro, CA, 90731 $999,000 4 2 1,430 6,002 Sqft
560 W 4th Street, San Pedro, CA, 90731 $1,100,000 6 -- 3,032 4,999 Sqft
701 N Gaffey Place, San Pedro, CA, 90731 $690,000 2 1 969 2,921 Sqft
626 W 7th, San Pedro, CA, 90731 $1,695,000 -- -- 5,616 5,001 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 16:27

MLS: PW26089556 LISTED BY: Justin White, Justin White 714-231-2537 SOURCE: CRMLS

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