#SB25028591, Stephen Lampe, Listing Office: Re/Max Commercial & Investment
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576 W 13th St San Pedro, CA 90731
Property details
About 576 W 13th St
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 cap rate above 7%!
Highlights
Summary
- MLS Number: SB24202185
- MLS Name: CRMLS
- Office Name: Keller Williams South Bay
- Office Phone: (310) 733-6819
- Listing Agent: L'mar Kojani
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,650,000
576 W 13th St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 31, 2020 | Home Sold | $1,425,000 |
May 08, 2018 | Home Sold | $1,025,000 |
Mar 20, 1998 | Home Sold | $265,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,527,885 | $19,316 |
2023 | $1,497,927 | $18,952 |
2022 | $1,468,557 | $18,093 |
2021 | $1,439,763 | $17,862 |
2020 | $1,066,410 | $13,213 |
2019 | $1,045,500 | $5,282 |
2018 | $371,864 | $5,145 |
2017 | $364,574 | $5,145 |
History based on county public records data.
Nearby schools
3
15th Street Elementary School
Public District KG-5
0.3 mi
•1527 S Mesa St
5
Cabrillo Avenue Elementary School
Public District KG-5
0.4 mi
•732 S Cabrillo Ave
5
Leland Street Elementary
Public District KG-6
0.9 mi
•2120 S Leland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,954. The most common annual income of people living in San Pedro, CA is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 576 W 13th St
This home is located at 576 W 13th St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 2, 2024 and is currently priced at $1,650,000.
In February 2025 more than 212 listings in San Pedro, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. The inventory of homes for sale in San Pedro, CA between January and February 2025 increased by 10.8%. Listings spent 44 days on the market in February 2025, and had a median list price of $989,396 during the same period.