Description
409 west 22nd presents a terrific opportunity for a discerning investor to acquire eight units in san pedro. boasting a strong in-place cap rate with projected 22% +-/ rental upside, there are several ways that an investor can tackle this! the units are large for one beds, averaging just over 800 square feet each and most have their own distinct, separate entryways from other units, giving a better sense of privacy for tenants. several units even have balconies! the property sits on two separate parcels with a large parking area to the rear, for a combined lot square footage of 10,414. located in the point fermin neighborhood, the property is close to cabrillo beach and the marina! the immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. san pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49955196
Sell a home like this and save $83,501 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 8
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Forced Air
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1921
- Building Area Total: 6,496
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1266
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5513
-
Listing Information
Listing Price Information
- Original List Price: 1,400,000
- Listing Contract Date: 2025-05-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7465004014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 181 - Point Fermin
- Postal Code Plus 4: 5925
- Directions: Corner of W 22nd and S Mesa
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: 181 - Point Fermin
Building and Construction
- Property Age: 104
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6496
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 06/09/2025 @ 09:44
- MLS: 25543809
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is recently sold, it has 6,496 sqft, 5,513 sized lot, and 0 parking. are nearby neighborhoods.