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1054 W 23rd Street

San Pedro, CA 90731
  • $1,399,000
  • STATUS: Active Under Contract
  • ON SITE: 250 Days
  • ID#: SB26024584
Under Contract
UPDATED: 83 min ago
$1,399,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Riley Eastman of Keller Williams Realty (310-519-1080)


Description

ASSUMABLE MORTGAGE 4.75%. Four-unit income property with upside in a rapidly improving San Pedro pocket. The property consists of a 2-bed/1-bath front house and three renovated 1-bed/1-bath units in the rear. Over $150,000 in recent capital improvements, including full renovation of rear units, new water heaters and appliances, termite tenting (May 2023), exterior paint, vinyl gates, garage door, and upgraded drainage system.Located minutes from the $100M+ West Harbor waterfront redevelopment, positioning the property for long-term appreciation and rental demand. Strong unit mix, major systems updated, and minimal deferred maintenance.Ideal for investors seeking stabilized income with future upside in one of San Pedro’s most active redevelopment zones.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-12T13:34:00.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/172684410
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1054 W 23rd Street San Pedro, CA 90731

  • Price: $1,399,000
  • Status: Active Under Contract
  • On Site: 250 Days
  • Updated: 83 min ago
  • ID#: SB26024584
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1987
Built
Neighborhood:
183 - Vista Del Oro
County:
Los Angeles
Area:
183 - Vista Del Oro
Property Description
ASSUMABLE MORTGAGE 4.75%. Four-unit income property with upside in a rapidly improving San Pedro pocket. The property consists of a 2-bed/1-bath front house and three renovated 1-bed/1-bath units in the rear. Over $150,000 in recent capital improvements, including full renovation of rear units, new water heaters and appliances, termite tenting (May 2023), exterior paint, vinyl gates, garage door, and upgraded drainage system.Located minutes from the $100M+ West Harbor waterfront redevelopment, positioning the property for long-term appreciation and rental demand. Strong unit mix, major systems updated, and minimal deferred maintenance.Ideal for investors seeking stabilized income with future upside in one of San Pedro’s most active redevelopment zones.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 0 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Ductless Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring Vinyl Heating Ductless Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.43 Common Interest None Community Features CurbsSidewalks Contingency none Electric Expense 0 Garage YN Yes Gross Income 103418 Gross Scheduled Income 103418 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalFHAFannie MaeFreddie MacVA Loan Net Operating Income 79875 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 23543 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Trash Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-12T13:34:00.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Riley Eastman of Keller Williams Realty (310-519-1080)