573 W 13th St San Pedro, CA 90731
Estimated payment $7,475/month
Total Views
4,751
8
Beds
4
Baths
3,614
Sq Ft
$353
Price per Sq Ft
Highlights
- Colonial Architecture
- Fenced Yard
- Tankless Water Heater
- Fireplace in Bathroom
- Balcony
- Laundry closet
About This Home
*Property appraised for $1,400,000 during our first escrow which unfortunately fell through* --- This property is now listed at an incredible value $125,000 off of the original list price and will not last! -- 573 W 13th St presents a rare opportunity to acquire a fully vacant fourplex in the heart of San Pedro. With four spacious 2-bedroom, 1-bathroom units totaling 3,614 rentable square feet on a 6,749 SF lot, this property offers exceptional flexibility for investors, owner-users, or multi-generational families. Originally constructed in 1917, the building showcases timeless architectural charm while benefiting from significant capital improvements including updated plumbing, electrical, and roofing. These upgrades mitigate the typical concerns associated with older buildings, providing the charm of early Los Angeles architecture with the functionality of modern systems. Interiors maintain a cohesive blend of classic detail and smart layout, ideal for tenants or personal occupancy. Delivered completely vacant, the property allows immediate lease-up at market rates or through the Section 8 program, where comparable units in the area command up to $2,800/month. With projected monthly income between $10,000-$11,200 using Section 8 rents, this asset offers a compelling stabilized return in a supply-constrained rental market. Additionally, the expansive backyard provides potential for the addition of an ADU, offering a path for further value-add. Each unit holds a utility room complete with washer/dryer hookups. Recent updates include new paint throughout the entire property, drought-resistant landscaping, a tankless water heater, and a newer roof. The property also features four large storage units in the backyard that could be leased out for additional income. While there is no off-street parking, the property's walkability, access to public transit, and tenant profile in this submarket have historically made parking a minimal barrier to leasing velocity or tenant satisfaction. Whether you are looking to stabilize a high-yield income property or create a unique residential compound in a growing submarket, 573 W 13th St is a strategic acquisition with upside, character, and strong fundamentals.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #01963932 Listed on: 07/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,336
Year Built
- Built in 1917
Lot Details
- 6,751 Sq Ft Lot
- Fenced Yard
- Back and Front Yard
- Historic Home
Home Design
- Colonial Architecture
- Partial Copper Plumbing
Interior Spaces
- 3,614 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Sliding Doors
- Living Room with Fireplace
- Dining Room with Fireplace
- Fireplace in Kitchen
- Laundry closet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
- Fireplace in Bathroom
Parking
- On-Street Parking
- Off-Site Parking
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Tankless Water Heater
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 7454-026-003
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,336 | $498,567 | $227,494 | $271,073 |
| 2024 | $6,336 | $488,792 | $223,034 | $265,758 |
| 2023 | $6,220 | $479,209 | $218,661 | $260,548 |
| 2022 | $5,942 | $469,814 | $214,374 | $255,440 |
| 2021 | $5,852 | $460,603 | $210,171 | $250,432 |
| 2020 | $5,903 | $455,881 | $208,016 | $247,865 |
| 2019 | $5,682 | $446,943 | $203,938 | $243,005 |
| 2018 | $5,596 | $438,181 | $199,940 | $238,241 |
| 2016 | $5,317 | $421,168 | $192,177 | $228,991 |
| 2015 | $5,242 | $414,843 | $189,291 | $225,552 |
| 2014 | $5,237 | $406,718 | $185,584 | $221,134 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $1,275,000 | -5.6% | $353 / Sq Ft |
| 07/02/2025 07/02/25 | Price Changed | $1,350,000 | 0.0% | $374 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $1,350,000 | -3.6% | $374 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $1,400,000 | -- | $387 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Amrock Inc | |
| Interfamily Deed Transfer | -- | Amrock Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $337,500 | Gateway Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,000 | New Conventional | |
| Closed | $510,164 | New Conventional | |
| Previous Owner | $438,750 | New Conventional | |
| Previous Owner | $443,000 | Unknown | |
| Previous Owner | $70,500 | Stand Alone Second | |
| Previous Owner | $352,000 | Purchase Money Mortgage | |
| Previous Owner | $332,285 | FHA |
Source: Public Records
Similar Homes in San Pedro, CA
Source: The MLS
MLS Number: 25537405
APN: 7454-026-003
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