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Investment Highlights

  • 8 Private Single-Car Garages — Rare Amenity for Multifamily Properties
  • Unique Bungalow-Style Courtyard Layout with Individual Unit Entrances
  • 2 Vacant Units Create Immediate Value-Add & Lease-Up Opportunity

Executive Summary

Rare 8-unit bungalow-style multifamily investment opportunity in the heart of San Pedro. The property consists of eight separate units arranged around a central courtyard and includes the highly desirable benefit of eight private garages. The unit mix includes one-bedroom, two-bedroom, and studio floor plans with several updated interiors. Two units are currently vacant, providing immediate value-add potential through renovation and lease-up. Located near Downtown San Pedro, the Port of Los Angeles, Cabrillo Marina, and the transformative West Harbor waterfront redevelopment project. Investors benefit from strong long-term growth fundamentals, separate electric meters, and a unique residential feel rarely found in multifamily assets. Current NOI is approximately $63,457 with additional upside through rental repositioning and lease-up of vacant units.

Data Room Click Here to Access

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,095,600 CAD
Price Per Unit $261,950 CAD
Sale Type Investment
Cap Rate 4.23%
Sale Conditions
1031 Exchange
  • High Vacancy Property
Gross Rent Multiplier 15
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.28 AC
Building Size 5,008 SF
Average Occupancy 75%
No. Stories 1
Year Built 1930
Parking Ratio 2/1,000 SF
Zoning LARD1.5 - Low Density Residential / Multifamily Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Vinyl Flooring

Site Amenities

  • Courtyard
  • Fenced Lot
  • Vintage Building
  • Public Transportation
  • Private Bathroom
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $2,549 CAD 750
1+1 5 $1,809 CAD 650
Studios 1 $1,010 CAD 600
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
7458-002-024
Land Assessment
$107,983 CAD (2025)
Improvements Assessment
$91,571 CAD (2025)
Total Assessment
$199,554 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40886392

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 1047 W 7th St, San Pedro, CA 90731

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