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464 W 17th St
San Pedro, CA 90731
Multifamily Property For Sale
·
4 Units


Investment Highlights
- Four-unit multifamily property in the heart of San Pedro
- Approximately 3,224 SF building on a ±4,998 SF lot
- Washer and dryer hookups in every unit
- Four spacious 2-bedroom, 1-bathroom units
- Private one-car garage for each unit
- Separately metered gas and electricity paid by tenants
Executive Summary
464 W. 17th Street presents a compelling value-add multifamily investment opportunity in the heart of San Pedro. The property consists of four spacious 2-bedroom, 1-bathroom units totaling approximately 3,224 square feet, with each unit featuring washer and dryer hookups, a private one-car garage, and separately metered gas and electricity, helping minimize landlord operating expenses.
Currently generating approximately $75,492 in annual rental income, the property offers meaningful upside through future rent growth, with market rents projected above current in-place levels. The detached garage configuration may also provide the potential for future ADU conversion opportunities, subject to buyer verification and local approvals
Currently generating approximately $75,492 in annual rental income, the property offers meaningful upside through future rent growth, with market rents projected above current in-place levels. The detached garage configuration may also provide the potential for future ADU conversion opportunities, subject to buyer verification and local approvals
Property Facts
| Price Per Unit | $405,576 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 4.27% | Building Size | 3,224 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.24/1,000 SF |
| Zoning | R2 - Two-Family Residence | ||
| Price Per Unit | $405,576 CAD |
| Sale Type | Investment |
| Cap Rate | 4.27% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,224 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | R2 - Two-Family Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 7456-023-017 | Improvements Assessment | $657,201 CAD |
| Land Assessment | $973,080 CAD | Total Assessment | $1,630,281 CAD |
Property Taxes
Parcel Number
7456-023-017
Land Assessment
$973,080 CAD
Improvements Assessment
$657,201 CAD
Total Assessment
$1,630,281 CAD
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