$1,399,000
-$70,0001054 W 23rd Street, San Pedro CA 90731
Multi-Family (Fourplex)
Property type
133 days
On market
$500
Price per sqft
3 cars
Garage
1987
Year built
5,016 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Riley Eastman DRE #02018751 310-902-6528, Keller Williams Realty
Listing updated: Apr 17, 2026 at 09:47pm.
Last checked: Jun 13, 2026 at 07:30am
Source: CRMLS #SB26024584
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,135 | — | $3,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,118 | — | $2,350 | Unfurnished |
| 1 | 1 | 1 | — | $1,982 | — | $2,350 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | — | $2,350 | Furnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 0
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
5.43%
NOI / List Price
Gross Scheduled Income: $103,418
Operating Expense: $23,543
Net Operating Income: $79,875
Annual Operating Expenses
Electric: $0
Insurance: $0
Trash: $0
Interior
Flooring: Vinyl
Cooling: Ductless
Heating: Ductless
Fireplace: Living Room
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Private Sewer
View: None
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7463001019
Additional Parcels: No
Tax Lot: 19
Tax Block: 33
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks