$1,550,000

383 W 14th St Los Angeles, CA 90731

Estimated payment $9,704/month

Total Views 79
10 Beds
8 Baths
5,180 Sq Ft
$299 Price per Sq Ft

About This Home

We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate the highest in San Pedro and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.

Listing Agent

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 11/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,807 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • Uncovered Parking

Interior Spaces

  • 5,180 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7456-021-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5180
  • Lot Acreage: 0.1103
  • Lot Dimensions: 40x120
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 299.23

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 56.82
  • Assessed Improvement Value: 591896
  • Assessed Land Percent: 43.18
  • Assessed Land Value: 449840
  • Total Assessed Value: 1041736
  • Assessor Parcel Number: 7456-021-034
  • Lot Size Area: 4807

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.74
  • Number Of Units: 8
  • Type Of Units: Standard

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,550,000 -- $299 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25616545

The MLS