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629 W 8th W, San Pedro, CA 90731

$999,900

$269 per ft²

3,716 Sq Ft

0.1148 Acres

Listing Office: First Team Real Estate

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5-unit multifamily in the heart of San Pedro's transformation — and the timing couldn't be better. This stabilized asset at 629–633 W 8th Street delivers immediate cash flow at a 5.50% in-place cap rate with a clear path to 7.42% as below-market units turn over — fully supported by California's Costa-Hawkins vacancy decontrol provisions. Each unit is 1 bed / 1 bath with one-car garages and separate utility meters — a landlord-friendly setup from day one. The total building is 3,716 SF. The location does the heavy lifting: less than 10 minutes from Long Beach's booming Space & Defense corridor — home to Rocket Lab, Relativity Space, Anduril, and VAST — and steps from the San Pedro waterfront redevelopment, the LA Cruise Hub, and the official FIFA World Cup 2026 Fan Zone at West Harbor. The 2028 LA Olympics add another layer to an already compelling long-term growth story. San Pedro isn't a speculative bet — it's a community mid-transformation with the institutional backing, infrastructure investment, and proximity to one of LA's fastest-growing employment corridors to support sustained appreciation and rental growth.

Listing Agent: Gustavo Arias

License Number: 01889399

Offered by: First Team Real Estate

Office Phone: 562-270-0688

MLS: #PW26132952

California Regional MLS

Date Added: 06/18/2026 12:00:00 am

Last Update: 06/19/2026 02:52:45 am

Days on Market: 2

Interior

General: Unfurnished,All Bedrooms Up,All Bedrooms Down
Appliances: Gas Oven,Gas Range,Refrigerator
Laundry: None
Flooring: Laminate
A/C: false, None
Heating: true, Wall Furnace
Fireplace: None

Exterior

General: None
Pool: None
Parking: Parking spaces: 1

Construction

Roofing: Rolled/Hot Mop
Windows: Wood Frames
General: Stucco, 2, Raised

Location

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Lot

Zoning: 7454005010
View: None
Fencing: Average Condition

Utilities

Utilities: Natural Gas Connected,Sewer Connected,Water Connected
Water: Public
Sewer: Public Sewer

Financial

Source: CRMLS_CRM
Exclusions: Tenants personal property

Property

Year Built: 1905
Type: Other
Neighborhood: San Pedro
Parcel #: 7454005010

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 06/19/2026 02:52:45 am

Offered by: Gustavo Arias, 01889399, 562-270-0688 @ First Team Real Estate

MLS: #PW26132952

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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629 W 8th W, San Pedro, CA 90731 is a 3,716 Sq Ft, 0.1148 Acres, Other built in 1905.

This property is currently available and was listed by California Regional MLS on 06/18/2026 12:00:00 am. The MLS # for the property is MLS #PW26132952.