$960,000
 $5,153 est/mo Sourced by Back At You

267 W Ofarrell Street,San Pedro, CA 90731

San Pedro, CA 90731

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Description

Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside. Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner's operating expenses. Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.

Details

MLS #SB26164836
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site104
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Olga Wright

Features

SQ Feet2,630
Story(s)1
Units4
Building(s)3
Acreage0.11

Exterior

Lot FeaturesCorner Lot, Paved

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesBiking, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area189 Barton Hill
Listing VS Median (in 90731)
Price:
$960,000
low | high
Med:
$744,450
72.453125% of Average
sqft:
2,630
low | high
Med:
1,835
80.228136882129% of Average
$ / sqft:
$365
low | high
Med:
$407
38.509076255469% of Average
On site:
104
low | high
Med:
123
84.552845528455% of Average
Sourced by Back At You

Market Activity 90731

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Learn More About This Property

StateCA
CountyLos Angeles
CitySan Pedro
Zip Code90731
Area189 Barton Hill
Listing VS Median (in 90731)
Price:
$960,000
low | high
Med:
$744,450
72.453125% of Average
sqft:
2,630
low | high
Med:
1,835
80.228136882129% of Average
$ / sqft:
$365
low | high
Med:
$407
38.509076255469% of Average
On site:
104
low | high
Med:
123
84.552845528455% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $720K - $1.2M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
204 W Santa Cruz Property Photo 1
$765,000
204 W Santa Cruz
Los Angeles, CA 90731
Listing Updated: September 28, 2026 at 8:53:05 PM PDT