Prime San Pedro Fourplex EXCELLENT INVESTMENT or OWNER-OCCUPANT OPPORTUNITY! Welcome to 1729 S. Alma Street, a fantastic four-unit property located in a highly desirable area of San Pedro—just walking distance to the beach, San Pedro High School, shopping centers, grocery stores, and a variety of local… Read More restaurants. This is an ideal opportunity for investors or owner-users looking to secure a strong income-producing property in one of the South Bay’s most sought-after coastal neighborhoods. This well-maintained fourplex features three spacious 2-bedroom, 1-bath units, all currently occupied, and one fully remodeled 3-bedroom, 2-bath unit. Each unit includes washer and dryer hookups, private garage parking, and is individually metered for gas and electricity—a valuable benefit for long-term management and expense control. Whether you’re seeking steady rental income or planning to live in one unit while renting out the other three, this property offers a smart way to offset your mortgage and build long-term equity. It also provides solid returns with upside potential through future rent growth or value-add improvements. San Pedro is a community on the rise, with major developments like the $150 million West Harbor waterfront project—a premier retail, dining, and entertainment destination coming soon. The area continues to attract long-term residents and new investment, thanks to its growing population, rising income levels, and ongoing city improvements. Don’t miss your chance to own a well-located fourplex in a thriving coastal market with room for long-term growth. Read Less
Property listed by Real Estate Source, Inc., Cesar Gonzalez 562-787-8770
Built in 1964, Building area total: 4,225, Levels: ThreeOrMore, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore, Construction materials: Stucco
Community
StreetLights
Expenses
Electric expense: $764, Gardener expense: $600, Insurance expense: $2,673, Licenses expense: $1,387, Operating expense: $10,432, Water sewer expense: $2,504
Fireplaces
None
Garage
4 spaces
Income
Gross income: $120,197, Net operating income: $103,755
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
