663 W 2nd Street

San Pedro , CA 90731

MLS#: PW25180843

$1,400,000

Status: Active
Listing number: PW25180843
Listing provided by: Sage Real Estate Group, Inc.
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

N/A

Built in 1983, this pride-of-ownership 4-unit property offers investors and owner-occupants alike a rare combination of modern construction, strong income potential, and long-term upside. Because it was built after 1978, the property is not subject to the Los Angeles Rent Stabilization Ordinance, providing valuable flexibility in future rent growth. Each spacious unit features vaulted ceilings that fill the interiors with natural light, creating a desirable living environment for tenants. The building also includes 8 covered parking spaces on the first floor—a highly attractive amenity for residents. In addition, a large storage area presents a unique opportunity for a new owner to get creative and generate additional revenue.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    8

  • Parking

    Covered, On Site, Off Street

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1146

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,400,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Juan Huizar , Sage Real Estate Group, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Built in 1983, this pride-of-ownership 4-unit property offers investors and owner-occupants alike a rare combination of modern construction, strong income potential, and long-term upside. Because it was built after 1978, the property is not subject to the Los Angeles Rent Stabilization Ordinance, providing valuable flexibility in future rent growth. Each spacious unit features vaulted ceilings that fill the interiors with natural light, creating a desirable living environment for tenants. The building also includes 8 covered parking spaces on the first floor—a highly attractive amenity for residents. In addition, a large storage area presents a unique opportunity for a new owner to get creative and generate additional revenue.

663 W 2nd Street

Message successfully sent.

What would you like to know?

Related Properties

This exceptional investment opportunity features two adjacent fourplexes in the heart of San Pedro, California, each with its own Assessor's Parcel Number, comprising a total of eight single-story one-bedroom, one-bathroom units on a spacious 8,100 square-foot combined lot. Currently delivering strong financial performance with a 6.05% cap rate and 11.25 gross rent multiplier, the property offers significant upside potential, projecting an 8.37% pro-forma cap rate and 8.87 pro-forma GRM through targeted rent increases and enhancements. Its prime location, less than one mile from the iconic Los Angeles Waterfront, the transformative West Harbor development, the picturesque San Pedro Promenade, and the upcoming 6,200-seat waterfront amphitheater, positions it for substantial appreciation amid ongoing revitalization. Fully gated for security and equipped with eight dedicated parking spaces, the asset is conveniently situated just a half-mile from key employment and tourism drivers, including the World Cruise Center, Battleship USS Iowa Museum, Los Angeles Maritime Museum, and the bustling Port of Los Angeles. The expansive lot further unlocks future value through opportunities to add Accessory Dwelling Units (ADUs) or pursue redevelopment, making this a versatile and high-potential holding in a dynamic coastal market poised for growth.
#25602903

San Pedro

349 W Amar Street

8 Beds

None Baths

3,237 Sq.Ft.

$1,575,000

MLS#: 25602903

LOCATED IN THE SOUGHT AFTER, HEART OF VISTA DEL ORO, THE PRISTINE AND CHARMING NEIGHBORHOOD WHERE YOU CAN FIND A HIGH CONCENTRATION OF PRIDE IN OWNERSHIP VINTAGE ARCHITECTURE RESIDENCES WITH VARIETIES OF EUROPEAN CHARM,AND A VERY BRIEF WALK TO AVERILL PARK !!! THIS FANTASTIC DUPLEX IS CERTAINLY INCLUDED. Lower level consists of 3 bedrooms, of which one original bedroom is currently used as a den. The lower unit was owner occupied, evidenced by a cozy fireplace, the kitchen which opens to the living room and dining area was upgraded a few years ago, Primary bedroom with a full bath was added later. Security systems were not as sophisticated as today, thus the metal security at the windows and bedroom sliding doors. The detached 2 car garage with enough parking in front of the garage for 2 full size vehicles.The garage includes an extended country kitchen, do I detect an ADU potential and add a garage on the driveway, or an oversized ADU for potential passive income. Buyers and their agent are encouraged to apply due diligence and investigate issued permits to all existing structures. The upstairs unit consists of a 2 bedroom, 1 bath unit with sunrise views, partial L.A.Harbor and the RPV Hill views, There's a tremendous "Upside potential". The backyard is massive which can be converted to your personal needs. or possibly another Jr. A.D.U. Said possibilities are encouraged to for the buyers and their brokerage to be investigated with the L.A. City Department of Building and Safety. The Sellers and their Agent/Brokerage do not warrant nor guarantee the added construction potential possibilities. This property is located under the L.A. City Rent Stabilization Ordinance (RSO).
#SB25234075

San Pedro

1331 S Patton

None Beds

None Baths

2,357 Sq.Ft.

$1,299,999

MLS#: SB25234075

Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 12.46X GRM on actuals plus a 26% upside to a GRM of 9.6X and a 6.2% cap rate at market rents. Only 1 block 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. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.
#SB25234250

San Pedro

1509 S Palos Verdes Street

None Beds

None Baths

3,556 Sq.Ft.

$1,250,000

MLS#: SB25234250

Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.7X GRM on actuals plus a 27% upside to a GRM of 10.8X and a 6% cap rate at market rents. Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach. Less than a mile 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. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail.
#SB25233883

San Pedro

684 W 23rd Street

None Beds

None Baths

3,266 Sq.Ft.

$1,195,000

MLS#: SB25233883

PRIME VISTA DEL ORO LOCATION!!! Two large homes, very private, no common walls. Both homes have 3 bedrooms and 2 bathrooms. The front house is very charming with built in appliances and hutch. Upgraded floors and a huge picture window in the spacious and comfortable living room overlooking the front lawn and white roses on the perimeter. The large upstairs, back house is vacant and ready for a new owner or tenant. This home has its own private seperate entrance . Light and bright with lots of windows. A balcony off of the living room makes for a private outdoor space to enjoy the view of the city and neighborhood. Large open concept kitchen and dining room. A large, seperate bonus room downstairs with a full kitchen and half bath bring many desirable possibilties to this property. Lots of parking. Big indoor outdoor area that may be used for extended living area or covered parking. The backyard has a small private garden area with a mature fruit bearing lemon tree and a nice bbq space or play area for children and or pets. Close to parks, nature trails, nature preserves, beaches, marina, harbor, the new West Harbor, bike paths, fishing, boating and so much more. Walking distance to markets, restaurants and banks. A truly magical place to live!
#SB25233955

San Pedro

1235 1235 W 24th

None Beds

None Baths

2,903 Sq.Ft.

$1,499,000

MLS#: SB25233955

This property presents an exciting investment opportunity with significant rental upside potential. This 7 unit apartment offers 4,102 square feet of comfortable living space on a spacious 4,500-square-foot lot. The property includes two charming 2-bedroom, 1-bath units along with four cozy studio units and a 1 bedroom unit, providing versatile rental options. Ideally located within walking distance of the Main Channel Waterfront, South Pacific Avenue retail and dining, and 22nd Street Park, it offers both convenience and lifestyle appeal. The owner is offering attractive seller carryback financing with just 35%down at a 4.5% interest-only rate for a 24-month term. This makes it a compelling cash-on-cash opportunity in one of LA's emerging beach communities, blending historical charm with tremendous growth potential.
#25602433

San Pedro

1309 S Mesa Street

5 Beds

None Baths

4,102 Sq.Ft.

$1,195,000

MLS#: 25602433

Exceptional Multi-Home Investment Opportunity in Point Fermin Discover a rare chance to own an income-producing triplex in the highly sought-after Point Fermin neighborhood—just moments from the beach, marina, parks, restaurants, and local shopping. This well-located property combines strong current rental income with long-term appreciation potential in one of the South Bay’s most desirable coastal communities. Each unit features separate utility meters and individual garages, providing added convenience and value for both owners and tenants. An ideal addition to any investment portfolio, this property delivers the perfect balance of location, stability, and future growth opportunity.
#RS25231455

San Pedro

648 W 36th

None Beds

None Baths

1,904 Sq.Ft.

$1,250,000

MLS#: RS25231455

Multi-Home Investment Opportunity in Desirable Point Fermin Extensively upgraded and full of charm, this 3-bedroom, 2-bath, 1,532 sq. ft. home is being sold along with two additional income-producing homes—a rare opportunity just a short stroll to the beach, marina, parks, restaurants, and shopping. Main Home (3BR / 2BA / 1,532 sq. ft.) Spacious covered front porch leading to a 40-ft rooftop deck with peek-a-boo harbor views Bright kitchen with bay & garden windows, skylights, custom cabinetry, and granite counters Ceramic tile & hardwood floors throughout Dedicated laundry room, solar electric system, and tandem 2-car garage Studio (320 sq. ft.) Private retreat with wood-burning fireplace, Murphy bed, hardwood floors, and built-in entertainment center Solar electric plus a large attached storage area Front House (2BR / 1BA / 820 sq. ft.) Fenced yard, tankless water heater, and its own laundry facilities Additional Upgrades Across All Homes: Newer copper plumbing Concrete footings Insulated walls & attics Separate laundry for each unit This property offers the perfect income generation, with long-term investment upside in one of the South Bay’s most desirable coastal neighborhoods.
#RS25231095

San Pedro

3131 3131 S Kerckhoff

None Beds

None Baths

2,672 Sq.Ft.

$1,279,000

MLS#: RS25231095

Prime Location! Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units. Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze. There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath units generating Strong Income, with 67% Upside in gross income! Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit. Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process. Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses. Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits. Reach out to the listing agent and Submit Offers ASAP, because this is a deal that will Sell Fast!
#PW25225982

San Pedro

1260 W 9th

None Beds

None Baths

3,666 Sq.Ft.

$1,275,000

MLS#: PW25225982

Nestled just a block away from the ocean in the coveted Palisades neighborhood of San Pedro, this beautifully remodeled home is a sanctuary of comfort and style. Boasting 4 spacious bedrooms and 3 elegant bathrooms, this residence offers an open floor plan bathed in natural light, making every corner of its 2,377 square feet feel bright and welcoming. The heart of the home is the eat-in kitchen, featuring a generous island with abundant cabinet space, ideal for culinary enthusiasts. Enjoy ocean views from the large primary suite or unwind in the newly added sauna. The home is equipped with a 220 AMP electric panel and Central AC to ensure modern conveniences are at your fingertips. Whether you're entertaining in the backyard, practicing your swing on the putting green, or relaxing in the spa, the outdoor spaces redefine luxury living. With a newer roof, double pane windows, and enlarged 2-car garage, plus RV parking, every detail has been thoughtfully considered. Downstairs, you'll find a 494 square foot Junior ADU with a private entrance and separate house number. This versatile space includes a kitchenette and laundry hookups and bathroom, perfect for guests or as a rental opportunity. Located just steps from the ocean, this home offers a unique blend of tranquility and convenience, making it a perfect retreat. Don’t miss the chance to make this ocean-view gem your own!
#SB25224706

San Pedro

3703 S Patton Avenue

None Beds

None Baths

2,377 Sq.Ft.

$1,540,000

MLS#: SB25224706

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here