1729 S Alma Street San Pedro, CA $ 1,800,000
1729 S Alma Street
$ 1,800,000
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1729 S Alma Street

San Pedro, CA, 90731
$ 1,800,000
Bedrooms9 Baths5.0 Sq 4,225

Monthly Estimate*

$ 11,963

Listed by Real Estate Source, Inc.
1729 S Alma Street, San Pedro, CA 90731 - Image 1

Multi-Family Home for sale in San Pedro, CA

for $1,800,000 with 9 bedrooms and 5 full baths. This 4,225 square foot home was built in 1964 on a lot size of 0.1034.

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 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.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1034

Year Built

1964

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

PW25084144

Days on Market

46

Features
General
Sewer PublicSewer
Possession CloseOfEscrow
Roof Flat
Appliances GasRange Refrigerator VentedExhaustFan WaterHeater
Zoning LAR2
HOA Fee 0.0
Garage Spaces 4.0
Pool Features None
Construction Materials Stucco
Year Built 1964
Tenant Pays Electricity Gas TrashCollection
View Bay Ocean
Levels ThreeOrMore
Property Subtype Quadruplex
Gross Income 120197.0
Community Features StreetLights
County Los Angeles
Net Operating Income 103755.0
Operating Expense 10432.0
Insurance Expense 2673.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North of Gaffey and west of 17th Street
City San Pedro
Entry Location front
Senior Community Y/N N
Number Of Units Total 4
MLS Area 183 - Vista Del Oro
Lot Size Units SquareFeet
Lot Size Square Feet 4502.0
Carport Y/N N
Electric On Property Y/N N
Number of Units Leased 3
Listing Terms Cash CashToNewLoan Exchange1031 FHA VaLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 764.0
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 2504.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 29
Total Actual Rent 6816.41
Property Sub Type Additional Quadruplex
Cap Rate 5.76
Exterior
Parking Features Garage
Lot Features ZeroToOneUnitAcre
Water Source Public
Total Parking 4.0
Lot Size Area 4502.0
Number of Buildings 1
Spa N
Building Area Total 4225.0
Lot Size Acres 0.1034
Private Pool N
Lot Size Source Assessor
WaterfrontY/N N
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Interior
Fireplace Features None
Total Stories 3
Common Walls TwoCommonWallsOrMore
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features InKitchen
Entry Level 0
Internal Only
Street Number 1 1729
* Excluded Features
List By
Real Estate Source, Inc.

Broker

(562) 787-8770

Phone

Affordability Calculator

$11,963
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2025$1,800,000 Listed Price

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1729 S Alma Street, San Pedro, CA, 90731 is a Multi-Family Home for sale at $1,800,000 with 4,225 sqft and a lot size of 0.1034. 1729 S Alma Street has 9 bedrooms, 5.0 baths, and was built in 1964. The property's zip code is 90731 which is in San Pedro, CA