409 W 22nd Street, San Pedro, CA 90731 - Berkshire Hathaway HomeServices California Properties

409 W 22nd Street, San Pedro, CA 90731

$1,400,000 Approx. USD 8 beds, 8 baths
6,496 sqft

Listing Agent


Joshua Cohen | Josh@cohengroupla.com
Lic#: 01346713
Broker: Courtesy of Keller Williams Realty

Agent Remarks

409 West 22nd presents a terrific opportunity for a discerning investor to acquire eight units in San Pedro. Boasting a strong in-place Cap Rate with projected 22% +-/ rental upside, there are several ways that an investor can tackle this! The units are large for one beds, averaging just over 800 square feet each and most have their own distinct, separate entryways from other units, giving a better sense of privacy for tenants. Several units even have balconies! The property sits on two separate parcels with a large parking area to the rear, for a combined lot square footage of 10,414. Located in the Point Fermin neighborhood, the property is close to Cabrillo Beach and the Marina! The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25543809
Price: $1,400,000
Beds: 8
Baths: 8
Built in 1921
6,496 sqft
2 stories
0.13 acres
Lot size: 0.1266
County: Los Angeles
Zoning: LARD1.5
Parking description: Uncovered
Heating/cooling: None
Heating description: Forced Air
MLS area: 181 - Point Fermin

Last Updated: 6/5/2025

 Days On Market (DOM): 9

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This listing belongs to the 181 - Point Fermin MLS area

Lat/Long: 33.724124, -118.286070.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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