Listed by Lyon Stahl Investment Real Estate
$1,450,000
383 W 14th St. Well maintained 8 units -excellent cash flow
Details
APN 7456021034
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,180
Net Rentable (SqFt) 5,180
Units 8
Cap Rate 7.00%
NOI $101,685
Tenancy Multi
Pro-Forma Cap Rate 7.82%
Pro-Forma NOI $113,409
Price per SqFt $280
Class C
Year Built 1923
Buildings 1
Stories 2
Acreage 0.110
Zoning Assessor
Parking Spaces spaces
Sale Condition N/A
383 W 14th St, San Pedro, CA 90731
Marketing description
8 Unit Apartment Complex Near Waterfront Development in one of the fastest-growing rental pockets of Los Angeles. The property consists of all 1 bed/1 bath units, generating $12,918/month in current rental income (including projected rent for 1 Vacant unit). Offered at a 7% CAP rate and 9.3 GRM, this is the strongest cash-flowing multifamily opportunities in San Pedro for a well maintained property. ***Major capital improvements include electrical, plumbing, exterior paint, reinforced foundation, and roof work, 7 of the 8 units have been renovated. Potential to add ADUs in the rear (Buyer to Verify).*** Located near the massive San Pedro waterfront redevelopment with over $500M in private investment and an additional $140M in recent federal port-related funding, the area is experiencing major transformation with new residential, retail, dining, and infrastructure projects expected to continue driving rental demand and property values upward stronger than most Los Angeles submarkets.
Investment highlights
- Excellent Entry-Level Investment Property with Minimal Maintenance and Management Requirements
- Strong In-Place Financials: 9.23 GRM and 7% Cap Rate on Current Income with Significant Upside Potential
- Excellent Unit Mix of All 1Bed/1Bath Units; On-site Laundry (owned machines); 4 uncovered parking spaces in the rear
- Well-Maintained Property with Recent Capital Improvements Including Roof, Exterior Paint, Electrical Panels, Reinforced Foundation, and Plumbing; Seven of Eight Units Have Been Renovated
- Opportunity to Add ADUs at the Rear of the Property (Buyer to Verify)
- Strategically Located in a High-Demand Rental Pocket of San Pedro Near the New Waterfront Redevelopment Project
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,685.00
$8,473.75/mo
Valuation Metrics
0
DSCR
7.01%
Cap Rate
7.01%
ROI
Map
Zoning
R2-1XL ResidentialTwo FamilyTwo Family Residential Extra Limited Height District
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View all 623 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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