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Millman Team Real Estate

$1,395,000
6 Bed
7 Bath
4,057 Sqft
0.11 Acre Lot

663 W 5th Street, San Pedro, California 90731

  • Residential Income Property Type
  • 4,057 Sqft Square Footage
  • 1990 Year Built
Property Description

Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area’s continued growth and revitalization.

Basic Details
Residential Income
For Sale
26853869
$1,395,000
6
7
4,057 Sqft
1990
0.11 Acre
Active Under Contract
Features
: Central
: Common Area
$0
Appliances
: Dryer
Address Map
CA
Los Angeles
San Pedro
90731
5th
663
Street
W119° 42' 30.2''
N33° 44' 21.9''
E of S Gaffey St & W of S Pacific Ave
189 - Barton Hill
W
LAR3
Additional Information
$0
$0
$0
$0
$0
4057
: Multi/Split
6
2026-06-28
1415000
2
Broker/Agent Information
RE/MAX One
Chase Simonton
Listing Information
CLW-X85641
CLW-X01091
Active Under Contract
2026-08-26T20:12:43Z
CRMLS
: Standard
2026-08-26T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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