573 W 13th Street new

San Pedro (los Angeles),CA 90731

$ 1400000

8 Beds

0 Bath

3614 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,614 sqft

Price per Sqft $387

MLS Listing ID CL25537405

Bedrooms 8

HOA Y/N No

Year Built 1917

Lot Size 6,751 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

573 W 13th St presents a rare opportunity to acquire a fully vacant fourplex in the heart of San Pedro. With four spacious 2-bedroom, 1-bathroom units totaling 3,614 rentable square feet on a 6,749 SF lot, this property offers exceptional flexibility for investors, owner-users, or multi-generational families. Originally constructed in 1917, the building showcases timeless architectural charm while benefiting from significant capital improvements including updated plumbing, electrical, and roofing. These upgrades mitigate the typical concerns associated with older buildings, providing the charm of early Los Angeles architecture with the functionality of modern systems. Interiors maintain a cohesive blend of classic detail and smart layout, ideal for tenants or personal occupancy. Delivered completely vacant, the property allows immediate lease-up at market rates or through the Section 8 program, where comparable units in the area command up to $2,800/month. With projected monthly income between $10,000-$11,200 using Section 8 rents, this asset offers a compelling stabilized return in a supply-constrained rental market. Additionally, the expansive backyard provides potential for the addition of an ADU, offering a path for further value-add. Each unit holds a utility room complete w

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Exterior

Exterior Feature Back Yard,Front Yard

Building

Lot Description Back Yard,Front Yard

New Construction No

Others

Tax ID 7454026003

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