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Millman Team Real Estate

$2,299,000
0.16 Acre Lot

579 W 14th, San Pedro, California 90731

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1979 Year Built
Property Description

Not subject to LA rent control! Positioned in the heart of San Pedro, this well-located 8-unit multifamily investment opportunity offers an ideal blend of stable income potential and long-term upside in one of the South Bay’s fastest-evolving coastal communities. The property features a desirable unit mix of four (4) two-bedroom units and four (4) one-bedroom units, along with community laundry for added tenant convenience. Not subject to LA Rent Control, this asset presents investors with future rental growth potential. Just five blocks from the waterfront and only minutes from the highly anticipated West Harbor redevelopment, this property is situated in the center of major growth and transformation. The $150+ million waterfront project is expected to bring a vibrant mix of dining, shopping, entertainment, fresh markets, and public gathering spaces to the area, further enhancing San Pedro’s appeal and long-term investment outlook. Residents enjoy convenient access to many of San Pedro’s most sought-after attractions, including Cabrillo Beach, the marina, waterfront dining, scenic coastal trails, and local parks. Commuters benefit from easy access to the 110 Freeway, providing direct connectivity to Downtown Los Angeles, Long Beach, and surrounding employment hubs. With its prime location, strong unit mix, and proximity to San Pedro’s ongoing waterfront revitalization, this is a compelling opportunity for investors seeking both current cash flow and future appreciation potential.

Basic Details
Residential Income
For Sale
PV26110412
$2,299,000
1979
0.16 Acre
Active
1
Apartment
Features
: None
: Radiant
: None
: Assigned, Community Structure
: Laundry Room, Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Address Map
CA
Los Angeles
San Pedro
90731
14th
579
W119° 42' 37.3''
N33° 43' 52.5''
Gaffey to 14th
185 - Plaza
W
Additional Information
$0
$0
$0
$0
$0
8276
: Park, Sidewalks, Street Lights, Biking
Standard
2
14.0
: Three Or More
: 6-10 Units/Acre
8
2026-05-26
2495000
3
: Public
Broker/Agent Information
Keller Williams Realty
Nicole Pletkovich
Listing Information
Gordon Inman
SINMAGOR
S4726
Keller Williams Realty
PVPLETNIC
v8460
Cash, Conventional
Active
2026-08-19T21:19:07Z
CRMLS
: Standard
2026-05-26T13:09:46Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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