663 W 5th Street
Property Overview
Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.
Home Details
- Property type
- Residential Income
- Year built
- 1990
- Living area
- 4,057 sq ft
- Lot size
- 5,000 sq ft
- Parking
- 7 spaces
- Days on market
- 22
- MLS status
- Active
Location & Neighborhood
Frequently Asked Questions About 663 W 5th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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