267 W OFarrell Street, San Pedro, CA — listing photo 1
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FOR SALE

267 W OFarrell Street

San Pedro, CA 90731
4,950 Lot Sq Ft
Built 1928
$960,000

Property Overview

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.

Home Details

Property type
Residential Income - Quadruplex
Year built
1928
Lot size
4,950 sq ft
Stories
1
Days on market
41
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Corner Lot
  • Paved

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer

Location & Neighborhood

267 W OFarrell Street

San Pedro, CA 90731

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Frequently Asked Questions About 267 W OFarrell Street

Property type: Residential Income

The current asking price is $960,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 267 W OFarrell Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1928. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Pedro, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Pedro property.
The MLS currently reports the property as Active. It has been listed for 41 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Olga Wright
MLS ID: SBWRIGOLG

Available property

$960,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.