$1,149,000

690 W 23rd St San Pedro, CA 90731

Estimated payment $7,094/month

7 Beds
7 Baths
3,115 Sq Ft
$369 Price per Sq Ft

Highlights

  • Ocean Front
  • Two Primary Bathrooms
  • Traditional Architecture
  • San Pedro Senior High School Rated A-
  • Multi-Level Bedroom
  • Main Floor Primary Bedroom

About This Home

Nestled in the highly desirable coastal enclave of San Pedro, this charming three-unit residential property offers a rare blend of ocean-adjacent living, strong rental demand, and long-term investment potential. Set within a neighborhood where beachfront and ocean-view residences blend seamlessly with intimate apartment buildings, the area provides residents with a wide selection of living options - all connected by a lifestyle centered around the Pacific Ocean and the Los Angeles Harbor. Just moments from the shoreline, residents enjoy proximity to the iconic Point Fermin Park, home to its historic lighthouse, scenic oceanfront trails, and the renowned Cabrillo Marine Aquarium, a local landmark that brings marine life education and coastal charm to the community. Nearby beaches, tide pools, and waterfront recreation areas further enhance the area's strong connection to the sea. The surrounding neighborhood offers a vibrant yet relaxed coastal atmosphere, where residents can enjoy local favorites such as classic Italian dining at neighborhood eateries, casual deli spots for weekend picnics, and laid-back coastal coffee shops perfect for a morning coffee before heading to the beach. This property presents an exceptional opportunity to own an income-producing asset in one of Los Angeles' most steadily evolving coastal submarkets, where lifestyle, location, and long-term upside converge.

Listing Agent

Jonny Ahdoot

Realty One Group United License #02007544 Listed on: 04/12/2026

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Ocean Front
  • Gated Home
  • Lawn

Home Design

  • Traditional Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,115 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room on Second Floor
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • Two Primary Bathrooms
  • Powder Room
  • 7 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System
  • Firewall

Parking

  • 4 Car Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Balcony
  • Open Patio
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • 220 Volts
  • Property is located within a water district
  • Gas Water Heater
  • Water Purifier
  • Sewer in Street

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 7465-001-029

Community Details

Overview

  • 3 Units
  • Knm Property Management Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 3115
  • Lot Acreage: 0.1148
  • Lot Dimensions: 40x125
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 2
  • Year Built: 1999
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220V Throughout, Drywall Walls, Built-Ins
  • Flooring: Ceramic Tile, Carpet
  • Appliances: Built-In Gas, Cooktop - Gas, Microwave, Oven, Oven-Gas, Built-Ins
  • Bedrooms: 7
  • Bedroom Features: Primary Bedroom, Multi-Level Bedroom, Ground Floor Primary
  • Common Walls: Attached
  • Bathroom Features: Powder Room, 2 Primary Baths, Shower Over Tub, Tile, Low Flow Toilet(s)
  • Kitchen Features: Open to Family Room, Granite Counters
  • Laundry: In Living Room, Inside
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Water Filter, Washer, Range/Oven, Refrigerator, Dryer, Dishwasher, Ceiling Fan, Built-Ins, Freezer, Garbage Disposal, Microwave
  • Price Per S Q F T: 368.86
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Balcony, Rain Gutters, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Screened Porch, Porch - Rear, Rock/Stone
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: No
  • Waterfront: Ocean Front, Beach Front

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Driveway, Private, Private Garage, Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Volt 220: 220V Throughout, In Garage
  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Central
  • Security: Exterior Security Lights, Firewall(s), Fire Sprinklers, Fire Rated Drywall, Fire and Smoke Detection System, Gated, Carbon Monoxide Detector(s)
  • Sewer: In Street Paid, In Street
  • Water: In Street, Meter on Property, District

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Management Company: KNM Property Management
  • Mgmt Co Phone: 3104339531|

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 36.63
  • Assessed Improvement Value: 342113
  • Assessed Land Percent: 63.37
  • Assessed Land Value: 591896
  • Total Assessed Value: 934009
  • Assessor Parcel Number: 7465-001-029
  • Lot Description: Exterior Security Lights, Firewall(s), Alley Paved, Lawn
  • Lot Location: Alley Access
  • Lot Size Area: 5000

Rental Info

  • Lease Per Month Year: Full Term
  • Owner Pays: Gardener
  • Rent Control: No
  • Tenant Pays: Electricity, Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.44
  • Number Of Units: 3
  • Type Of Units: Residential

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,515 $934,009 $591,896 $342,113
2024 $11,515 $915,696 $580,291 $335,405
2023 $11,295 $897,742 $568,913 $328,829
2022 $10,774 $880,140 $557,758 $322,382
2021 $10,631 $862,883 $546,822 $316,061
2019 $10,315 $837,292 $530,604 $306,688
2018 $10,203 $820,875 $520,200 $300,675
2017 $9,982 $804,780 $510,000 $294,780
2016 $9,736 $789,000 $500,000 $289,000
2015 $10,047 $815,000 $345,000 $470,000
2014 $9,129 $720,000 $501,800 $218,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2026 04/12/26 For Sale $1,149,000 -- $369 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $789,000 Fidelity National Title
Grant Deed $639,000 Lawyers Title
Interfamily Deed Transfer -- Equity Title Orange County-I
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- Provident Title
Gift Deed -- Provident Title
Grant Deed -- --
Grant Deed -- --
Grant Deed $72,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $591,750 New Conventional
Previous Owner $410,600 New Conventional
Previous Owner $410,000 New Conventional
Previous Owner $300,200 Stand Alone First
Previous Owner $256,000 Construction
Previous Owner $256,000 Construction
Previous Owner $20,000 Seller Take Back
Source: Public Records

Source: The MLS

MLS Number: 26667221

The MLS

APN: 7465-001-029

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