High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential.
Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from the massive 42 acre West Harbor LA Waterfront Development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.
For sale
Listed by: Buckingham Investments, Inc • Anthony Walker • Contact: 310-561-4776
$1,695,000
626 W 7th St, San Pedro, CA 90731
2beds
11baths
5,616sqft
Multi Family
Built in 1923
-- sqft lot
$1,624,400 Zestimate®
$302/sqft
$-- HOA
What's special
- 207 days
- 58
- 1
Zillow last checked:
Listing updated:
Listed by:
Anthony Walker DRE #01908153 310-561-4776,
Buckingham Investments, Inc,
Josh Ess DRE #02035659 310-982-7055,
Buckingham Investments, Inc
Source: CRMLS,MLS#: SB26029816
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 11
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range
- Laundry: None
Features
- Flooring: Laminate
- Windows: Wood Frames
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,616
- Total interior livable area: 5,616 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Faces Rear
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 5,001 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7451036019
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mediterranean
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Flat
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Urban
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $302/sqft
- Date on market: 2/9/2026
- Cumulative days on market: 207 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity
- Road surface type: Paved
Estimated market value
$1,624,400
$1.54M - $1.71M
$2,576/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Price change | $1,695,000-13.7%$302/sqft |
Source: | ||
| 5/19/2022 | Pending sale | $1,965,000$350/sqft |
Source: | ||
| 4/12/2022 | Listed for sale | $1,965,000$350/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: San Pedro
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