1047 W 7th, San Pedro, CA 90731

• 5,008 sqft

Property Description

Rare 8-Unit Multifamily Opportunity with 8 Private Garages in Coastal San Pedro! Introducing 1045–1057 W. 7th Street, a unique 8plex multifamily investment located in the heart of San Pedro, one of Southern California’s most undervalued & rapidly evolving coastal communities. This character rich property features an attractive courtyard style freestanding unit layout with individual unit entrances & the highly desirable benefit of eight private single-car garages, + 8 electric meters, providing a valuable amenity rarely found in comparable multifamily assets. Great mix of one-bedroom, two-bedroom, & studio floor plans. Several units have been updated with laminate flooring, modernized bathrooms, & refreshed interior finishes, creating strong tenant appeal while still offering investors meaningful upside potential. With two vacant units currently available for immediate lease-up, investors have the opportunity to increase income through renovation, repositioning, & market-rate leasing strategies. Designed in a bungalow style courtyard configuration, the property delivers a residential feel that sets it apart from traditional apartment buildings. The well-maintained exterior, attractive architecture, & dedicated garage parking contribute to long-term tenant desirability & retention. Strategically located near Downtown San Pedro, the Port of Los Angeles, Cabrillo Marina, & the highly anticipated West Harbor waterfront redevelopment. The property is positioned to benefit from billions of dollars in public & private investment transforming the harbor area. West Harbor is expected to bring new restaurants, retail, entertainment venues, waterfront attractions, & employment opportunities that will further enhance San Pedro’s appeal as a destination to live, work, & invest. Residents enjoy convenient access to the Battleship USS Iowa Museum, Cabrillo Beach, San Pedro Arts District, waterfront dining, cruise terminals, & major transportation corridors connecting to Long Beach, the South Bay, & Downtown Los Angeles. As one of the last relatively affordable coastal communities in Los Angeles County, San Pedro continues attracting both residents & investors seeking long-term growth & appreciation potential. Whether you’re looking to expand your multifamily portfolio, execute a value-add strategy, or acquire a well-located coastal asset with immediate upside, 1045–1057 W. 7th Street presents a compelling investment opportunity in a market poised for continued growth.

Listing Status:

Active

Date Added:

June 4, 2026

Data Last Updated:

July 5, 2026 at 4:16AM

Listing Office:

First Team Real Estate : 949-857-2121

Listing Agent:

Angie Weeks : 949-857-2121

MLS ID:

OC26119959

Interior

• Laundry: None
• A/C: None
• Heating: Wall Furnace

Exterior

• General: Living Quarters
• Other Structures: Living Quarters
• Parking: Parking spaces: 10

Construction

• Roofing: AsphaltShingle
• General: ConcreteStucco1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LARD 1.57458002024
• Fencing: Block
• Current Use: ResidentialSingle Family

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater ConnectedStandard
• Water: Public

Financial

• Source: CRMLS_CRM
• Exclusions: Tenant's personal property