Residential Income - 267 W OFarrell Street, San Pedro, CA

$960,000

267 W OFarrell Street, San Pedro, CA

267 W OFarrell Street, San Pedro, CA 90731 - $960,000 · Multi-Family Home for Sale, photo 3

267 W OFarrell Street, San Pedro, CA 90731 - $960,000 · Multi-Family Home for Sale, photo 4

267 W OFarrell Street, San Pedro, CA 90731 - $960,000 · Multi-Family Home for Sale, photo 5

View in Nalren App Get the App

Description

Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside. >>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner’s operating expenses. Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.

Property details

Year built

1928

Property type

Residential Income

Lot size

4,950 sqft

Location

267 W OFarrell Street • San Pedro, CA 90731

More homes for sale and rent in San Pedro, CA →

Listed by

Olga Wright · Lyon Stahl Investment Real Estate, Inc.

Similar Listings

Recent sales near 267 W OFarrell Street

327 & 325 N Palos Verdes: Sold $629,000 · Sep 2026 · 0.1 mi
Keller Williams Realty | DRE #00494542
Buyer's agent: Michael Siverson, Keller Williams Realty | DRE #01269465
578 W Oliver: Sold $645,000 · Aug 2026 · 0.4 mi
Keller Williams Realty | DRE #01336814
Buyer's agent: Armando Minjares, RE/MAX CHAMPIONS | DRE #02161367
584 W 3rd Street: Sold $790,000 · Aug 2026 · 0.5 mi
HH Coastal Real Estate | DRE #01381971
Buyer's agent: Esmaily Garcia Fuentes, Real Broker | DRE #01903797
561 W 3rd Street: Sold $507,000 · 2 bd · 1 ba · 912 sqft · Aug 2026 · 0.5 mi
Century 21 Coastal Properties | DRE #01328809
Buyer's agent: Cecilia Garcia, Century 21 Coastal Properties | DRE #02080329
1032 S Mesa Street: Sold $535,000 · 2 bd · 1 ba · 624 sqft · Aug 2026 · 0.8 mi
Universal Elite Realty | DRE #01946974
Buyer's agent: Eileen Rodriguez, Keller Williams Encino/Sherman Oaks | DRE #02047213
888 S Herbert: Sold $410,000 · 1 bd · 1 ba · 745 sqft · Sep 2026 · 0.8 mi
Equity Union | DRE #01825618
Buyer's agent: David Coe, Equity Union | DRE #01825618
331 S Meyler: Sold $725,000 · 3 bd · 1 ba · 1,506 sqft · Aug 2026 · 0.9 mi
Fredericks Realty | DRE #01989750
Buyer's agent: Dora Yarid OBrien, KW Westside Estates | DRE #02059908
1016 S Gaffey: Sold $898,000 · Sep 2026 · 0.9 mi
Supcom Properties | DRE #01877143
Buyer's agent: Kundy Kol, Kundy Kol, Broker | DRE #01114124

Closed sales reported in 90731, nearest first, last 12 months. All recent sales in San Pedro →