$1,900,000
SOLD SEP 12, 2025

601 W 13th St San Pedro, CA 90731

11 Beds
11 Baths
5,331 Sq Ft
9,004 Sq Ft Lot

Recently Sold

$356 Per Sq Ft

11 Days on Market

About This Home

As of September 2025

An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.

Last Agent to Sell the Property

Lucy Milivojevic

eXp Realty of Greater Los Angeles, Inc. Brokerage Phone: 310-901-1355 License #01757364 Listed on: 06/05/2025

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 9,004 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,331 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 14
  • Assessor Parcel Number 7454025010
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,490
  • Fuel Expense $2,734
  • Insurance Expense $2,455
  • Professional Management Expense $5,790
  • Trash Expense $370
  • Water Sewer Expense $7,446
  • Operating Expense $74,423
  • Gross Income $226,056
  • Net Operating Income $151,633

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • CapRate: 7.35
  • Price Per Unit: 172727
  • Professional Management Expense: 5790.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 7446.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7454025010
  • Year Built: 1921
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 356.41

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 370.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 9004.00
  • Lot Size Acres: 0.2067

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1490.00
  • Fuel Expense: 2734.00
  • Gross Income: 226056.00
  • Gross Multiplier: 8.61
  • Gross Scheduled Income: 226056.00
  • Insurance Expense: 2455.00
  • Lot Size Area: 9004.0000 Square Feet
  • Net Operating Income: 151633.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 74423.00
  • Rent Control: Yes
  • Total Expenses: 74423.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 2969.01
  • Tax Lot: 10

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/12/2025 09/12/25 Sold $1,900,000 0.0% $356 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $1,900,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25125861

California Regional Multiple Listing Service (CRMLS)