629 W 8th W
San Pedro, CA 90731
0
Bed
0
Bath
3,716Sqft
5,001Sqft(Lot)
5-unit multifamily in the heart of San Pedro's transformation — and the timing couldn't be better. This stabilized asset at 629–633 W 8th Street delivers immediate cash flow at a 5.50% in-place cap rate with a clear path to 7.42% as below-market units turn over — fully supported by California's Costa-Hawkins vacancy decontrol provisions. Each unit is 1 bed / 1 bath with one-car garages and separate utility meters — a landlord-friendly setup from day one. The total building is 3,716 SF. The location does the heavy lifting: less than 10 minutes from Long Beach's booming Space & Defense corridor — home to Rocket Lab, Relativity Space, Anduril, and VAST — and steps from the San Pedro waterfront redevelopment, the LA Cruise Hub, and the official FIFA World Cup 2026 Fan Zone at West Harbor. Th
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Rolled/Hot Mop Interior Features: Unfurnished,All Bedrooms Up,All Bedrooms Down Windows: Wood Frames Property Appliances: Gas Oven,Gas Range,Refrigerator Fireplace: None Flooring: Laminate -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1905 Building Area Total: 3,716 Construction: Stucco Roof: Rolled/Hot Mop -
Foundation
Raised -
Pool Features
NoneLaundry Features
NoneFencing
Average Condition
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1148 -
Lot Size Source: Assessor Lot Size Square Feet: 5001
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Listing Price Information
Original List Price: 999,900 Listing Contract Date: 2026-06-18 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7454005010
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection
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Other Property Info
Source Listing Status: Active Source Neighborhood: 193 - San Pedro - North Directions: From S Gaffey St East on W8th Source Property Type: Residential Income Area: 193 - San Pedro - North Property SubType: Mixed Use -
Building and Construction
Property Age: 121 Common Walls: 1 Common Wall,No One Above Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: Street Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 238 W 10th, San Pedro, CA, 90731 | $1,899,999 | -- | -- | 5,304 | 5,304 SqFt |
| 285 W 9th Street, San Pedro, CA, 90731 | $699,000 | 2 | 1 | 1,400 | 1,400 SqFt |
| 1032 S Mesa Street, San Pedro, CA, 90731 | $549,000 | 2 | 1 | 624 | 624 SqFt |
| 531 W. 2nd St, San Pedro, CA, 90731 | $569,000 | 2 | 1 | 852 | 852 SqFt |
| 783 Gatun #114, San Pedro, CA, 90731 | $939,000 | 3 | 3 | 2,046 | 2,046 SqFt |
| 802 Bejay Place, San Pedro, CA, 90731 | $1,049,000 | 3 | 2 | 1,430 | 1,430 SqFt |
| 383 W 14th Street, San Pedro, CA, 90731 | $1,450,000 | -- | -- | 5,180 | 5,180 SqFt |
| 1841 Bolker Place, San Pedro, CA, 90731 | $825,000 | 3 | 1 | 1,328 | 1,328 SqFt |
| 560 W 4th Street, San Pedro, CA, 90731 | $1,100,000 | 6 | -- | 3,032 | 3,032 SqFt |
| 701 N Gaffey Pl, San Pedro, CA, 90731 | $715,000 | 2 | 1 | 969 | 969 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 01:49
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