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33839752
33839751

663 W 5th St., San Pedro, CA 90731

CS
CA 01766871
RE/MAX One
MT
02145532
Remax One Commercial
Listed by RE/MAX One, Remax One Commercial
$1,475,000
1 day on market
Updated 1 day ago
Opportunity zone

663 W 5th St., 90731 - 6 Units

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,057
Units 6
Cap Rate 5.39%
NOI $79,506
Tenancy Multi
Pro-Forma Cap Rate 6.35%
Pro-Forma NOI $93,602
Price per SqFt $364
Year Built 1990
Buildings 1
Lot Size (SqFt) 5,000
Zoning LAR3
Parking Spaces 7 spaces
Parking Per SqFt 1.73

Multifamily | 5.39% CAP | 6 Units

Marketing description

RE/MAX One Commercial is pleased to present a turnkey 6-unit multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand.

The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated.

Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the $200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.

Investment highlights

  • 6 Units: (1) 2+2, (1) 1+1, (4) Studio's
  • GRM: 12.49
  • CAP Rate: 5.39%
  • Price/Unit: $245,833
  • Price/SF: $363.57
  • Zoning: LAR3

Listing Contacts

CS
CA 01766871
RE/MAX One
MT
02145532
Remax One Commercial
Listed by RE/MAX One, Remax One Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$79,506.00
$6,625.50/mo

Valuation Metrics

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DSCR
5.39%
Cap Rate
5.39%
ROI

Map

Zoning

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[Q]R3-1-CPIO OverlayQualified Multiple Residential Community Plan Implementation Overlay
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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