Description

ASSUMABLE MORTGAGE 4.75%. Four-unit income property with upside in a rapidly improving San Pedro pocket. The property consists of a 2-bed/1-bath front house and three renovated 1-bed/1-bath units in the rear. Over $150,000 in recent capital improvements, including full renovation of rear units, new water heaters and appliances, termite tenting (May 2023), exterior paint, vinyl gates, garage door, and upgraded drainage system. Located minutes from the $100M+ West Harbor waterfront redevelopment, positioning the property for long-term appreciation and rental demand. Strong unit mix, major systems updated, and minimal deferred maintenance. Ideal for investors seeking stabilized income with future upside in one of San Pedro’s most active redevelopment zones.

Property details

Year built

1987

Property type

Residential Income

Lot size

5,016 sqft

Location

1054 W 23rd Street • San Pedro, CA 90731

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

Listing Agent

Riley Eastman

DRE #: 02018751

Brokerage: Keller Williams Realty

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1252 W 22nd: Sold $600,000 · 2 bd · 3 ba · 1,394 sqft · Sep 2026 · 0.3 mi
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1178 W 18th Street: Sold $860,000 · 3 bd · 2 ba · 1,320 sqft · Oct 2026 · 0.4 mi
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Closed sales reported in 90731, nearest first, last 12 months. All recent sales in San Pedro →

Sale history for 1054 W 23rd Street

Sold $1,190,000 in June 2022 · MLS #SB22056432 · Source: CRMLS

CRMLS

MLS# SB26225376

Listed: 10/17/2026 6:13 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/18/2026 6:11 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Keller Williams Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 1054 W 23rd Street, San Pedro, CA