576 W 13th St San Pedro, CA 90731
San Pedro AreaEstimated payment $8,219/month
Total Views
26,128
2
Beds
1
Bath
4,664
Sq Ft
$257
Price per Sq Ft
Highlights
- Fishing
- No HOA
- Laundry Facilities
- San Pedro Senior High School Rated A-
- Hiking Trails
About This Home
Step into a rare opportunity to invest in the vibrant community of San Pedro with this well-maintained 6-unit apartment building at 576 W 13th St. Each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. The property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring long-term durability. Located in a high-demand rental market with vacancy rates around 4.5%, this property presents a substantial rental upside—with potential rent growth of up to 40% as units become available. A new owner can also benefit from additional income through on-site parking fees. The building includes an onsite laundry facility, offering convenience to tenants and adding to the property's appeal. Just a few blocks away is the anticipated 42-acre San Pedro West Harbor Project, a $170 million waterfront development that will feature a 6,200-seat amphitheater, along with premier dining, retail, and entertainment options. This redevelopment is poised to transform the local area and has the potential to enhance property values as it becomes a central lifestyle destination in Los Angeles. San Pedro combines coastal charm with urban accessibility, known for its quaint neighborhoods, vibrant arts scene, and rich maritime history. Residents enjoy proximity to beaches, waterfront promenades, and attractions like the Battleship USS Iowa Museum and the Cabrillo Marine Aquarium. The area offers a lively restaurant and shopping scene, providing a blend of small-town ambiance with big-city amenities. This property offers an excellent balance of immediate income and long-term appreciation potential, making it ideal for investors looking to expand their portfolio in a growing market. Don’t miss out on this opportunity to own a solid, income-producing asset with a projected market cap rate above 7%, tons of upside potential!
Listing Agent
Keller Williams Realty Brokerage Phone: 310-733-6819 License #01970704 Listed on: 06/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 5,001 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,664 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 6 Parking Spaces
- 6 Carport Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 7 / 11
- Tax Tract Number 603729
- Assessor Parcel Number 7454020007
- $1,055 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $12,482
- Professional Management Expense $3,687
- Trash Expense $4,508
- Operating Expense $45,634
- Gross Income $110,859
- Net Operating Income $65,255
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,560 | $1,589,610 | $1,003,965 | $585,645 |
| 2025 | $19,560 | $1,558,442 | $984,280 | $574,162 |
| 2024 | $19,316 | $1,527,885 | $964,981 | $562,904 |
| 2023 | $18,953 | $1,497,927 | $946,060 | $551,867 |
| 2022 | $18,093 | $1,468,557 | $927,510 | $541,047 |
| 2021 | $17,862 | $1,439,763 | $909,324 | $530,439 |
| 2020 | $13,734 | $1,066,410 | $416,160 | $650,250 |
| 2019 | $13,213 | $1,045,500 | $408,000 | $637,500 |
| 2018 | $5,282 | $371,864 | $197,863 | $174,001 |
| 2016 | $4,986 | $357,427 | $190,181 | $167,246 |
| 2015 | $4,923 | $352,059 | $187,325 | $164,734 |
| 2014 | $4,941 | $345,164 | $183,656 | $161,508 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $1,200,000 | -15.8% | $257 / Sq Ft | |
| 03/31/2020 03/31/20 | Sold | $1,425,000 | -4.7% | $306 / Sq Ft | View Prior Sale |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- | |
| 01/29/2020 01/29/20 | For Sale | $1,495,000 | -- | $321 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,425,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Comp | |
| Grant Deed | $1,025,000 | Fidelity National Title Comp | |
| Grant Deed | $265,000 | Benefit Land Title Company | |
| Trustee Deed | $207,717 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $712,000 | Commercial | |
| Previous Owner | $768,750 | Construction | |
| Previous Owner | $192,000 | Commercial |
Source: Public Records
About the Listing Agent
L’mar focuses on acquisitions and dispositions of investment property throughout Los Angeles and North Orange County. Having grown up in a family of real estate developers in the South Bay, L'Mar has been involved in this industry his entire life. He and his family have decades of experience in real estate development from building homes in the South Bay beach cities and Beverly Hills to developing a distribution and logistics hub for their clothing manufacturing company. L'Mar's extensive
L'mar's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26107346
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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
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