$1,400,000
SOLD AUG 25, 2025

409 W 22nd St San Pedro, CA 90731

8 Beds
8 Baths
6,496 Sq Ft
5,513 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

9 Days on Market

About This Home

As of August 2025

409 West 22nd presents a terrific opportunity for a discerning investor to acquire eight units in San Pedro. Boasting a strong in-place Cap Rate with projected 22% +-/ rental upside, there are several ways that an investor can tackle this! The units are large for one beds, averaging just over 800 square feet each and most have their own distinct, separate entryways from other units, giving a better sense of privacy for tenants. Several units even have balconies! The property sits on two separate parcels with a large parking area to the rear, for a combined lot square footage of 10,414. Located in the Point Fermin neighborhood, the property is close to Cabrillo Beach and the Marina! The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 05/27/2025

Keller Williams Realty

Last Buyer's Agent

Nick Peters

Real Brokerage Technologies License #00880972

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Interior Spaces

  • 6,496 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Additional Features

  • 5,513 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 7465-004-014

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 6496
  • Lot Acreage: 0.1266
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 215.52

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 14
  • Parking Garage: Uncovered
  • Total Parking: 14

Utilities

  • Heating: Forced Air

Lot Info

  • Assessor Parcel Number: 7465-004-014
  • Lot Size Area: 5513

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.22
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 44448
  • Type Of Units: 1
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
08/25/2025 08/25/25 Sold $1,400,000 0.0% $216 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $1,400,000 +33.3% $216 / Sq Ft
07/25/2014 07/25/14 Sold $1,050,000 -4.5% $162 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $1,099,000 -- $169 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joshua Cohen

    Seller's Agent in 2025

    Joshua Cohen

    Keller Williams Realty

    (310) 995-6847

    7 in this area

    48 Total Sales

    Joshua Cohen
    Section Image
  • Nick Peters

    Buyer's Agent in 2025

    Nick Peters

    Real Brokerage Technologies

    (310) 308-2609

    1 in this area

    4 Total Sales

    Nick Peters
    Section Image
  • Fred DiBernardo

    Seller's Agent in 2014

    Fred DiBernardo

    Fred DiBernardo

    (310) 832-4572

    89 in this area

    142 Total Sales

    Fred DiBernardo
    Section Image

  • K

    Buyer's Agent in 2014

    Kyle Kazan

    Beach Front Real Estate Services

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25543809

The MLS
California Los Angeles County San Pedro 90731

409 W 22nd St, San Pedro, CA

This home is located at 409 W 22nd St, San Pedro, CA 90731 and is currently priced at $1,400,000, approximately $215 per square foot. This property was built in 1921. 409 W 22nd St is a home located in Los Angeles County with nearby schools including Leland Street Elementary School, Dana Middle School, and San Pedro Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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