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Just Reduced $250K 823-831 W 25th St 10 Unit Apartment Building $3,417,457 CAD ($341,746 CAD/Unit) San Pedro, CA 90731

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Executive Summary

JUST REDUCED $250,000!
A "Steady Eddie" investment option.
Near San Pedro Harbor & the cliffs of Pt. Fermin Park.
A tried-and-true investment option on one of San Pedro's better-known streets.
25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South.
The building has been well-maintained and rehabbed as needed, as units turnover.
Also, a new roof was put on in 2024.
San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge.
EXCLUSIVELY LISTED AT $2,499,000.
Call or email brice.head@cbre.com, with questions or interest.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $322,923 $33.78
Other Income $17,262 $1.81
Vacancy Loss $9,688 $1.01
Effective Gross Income $330,498 $34.57
Taxes $43,230 $4.52
Operating Expenses $55,612 $5.82
Total Expenses $98,842 $10.34
Net Operating Income $231,655 $24.23

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $322,923
Annual Per SF $33.78
Other Income (CAD)
Annual $17,262
Annual Per SF $1.81
Vacancy Loss (CAD)
Annual $9,688
Annual Per SF $1.01
Effective Gross Income (CAD)
Annual $330,498
Annual Per SF $34.57
Taxes (CAD)
Annual $43,230
Annual Per SF $4.52
Operating Expenses (CAD)
Annual $55,612
Annual Per SF $5.82
Total Expenses (CAD)
Annual $98,842
Annual Per SF $10.34
Net Operating Income (CAD)
Annual $231,655
Annual Per SF $24.23

Property Facts

Price $3,417,457 CAD
Price Per Unit $341,746 CAD
Sale Type Investment
Gross Rent Multiplier 10.05
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 9,560 SF
No. Stories 2
Year Built 1948
Parking Ratio 1.1/1,000 SF
Zoning LARD2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - 1
2+1 5 - 1
1+1 3 - 1
2+1.5 1 - 1

Property Taxes

Property Taxes

Parcel Number
7463-013-028
Land Assessment
$1,414,963 CAD (2025)
Improvements Assessment
$1,010,685 CAD (2025)
Total Assessment
$2,425,648 CAD (2025)
Annual Taxes
$43,230 CAD ($4.52 CAD/SF)
Tax Year
2026
  • Listing ID: 38021855

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 823-831 W 25th St, San Pedro, CA 90731

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