- 2 Beds
- 3 Baths
- .11 Acres
- 39 DOM
626 W 7th
High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential. Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from the massive 42 acre West Harbor LA Waterfront Development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.
Essential Information
- MLS® #SB26029816
- Price$1,695,000
- Bedrooms2
- Bathrooms3.00
- Acres0.11
- Year Built1923
- TypeResidential Income
- Sub-TypeApartment
- StyleMediterranean
- StatusActive
Community Information
- Address626 W 7th
- Area189 - Barton Hill
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Amenities
- Parking Spaces4
- ParkingGarage Faces Rear
- # of Garages4
- GaragesGarage Faces Rear
- ViewNone
- PoolNone
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior
- InteriorLaminate
- AppliancesGas Oven, Gas Range
- HeatingWall Furnace
- CoolingNone
- FireplacesNone
- # of Stories2
- StoriesTwo
Exterior
- ExteriorStucco
- Lot DescriptionRectangular Lot
- WindowsWood Frames
- RoofFlat
- ConstructionStucco
- FoundationRaised
Additional Information
- Date ListedSeptember 11th, 2025
- Days on Market39
Listing Details
- AgentAnthony Walker
- OfficeBuckingham Investments, Inc
Anthony Walker, Buckingham Investments, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 4:25pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.