*Property appraised for $1,400,000 during our first escrow which unfortunately fell through* --- 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.
For sale
Price cut: $50K (7/2)
$1,350,000
573 W 13th St, San Pedro, CA 90731
8beds
4baths
3,614sqft
Est.:
Multi Family
Built in 1917
-- sqft lot
$1,323,500 Zestimate®
$374/sqft
$-- HOA
What's special
Expansive backyardDrought-resistant landscapingClassic detailNewer roofSmart layoutTimeless architectural charmTankless water heater
- 83 days
- on Zillow |
- 470 |
- 45 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 05:41am
Listed by:
John McCann DRE # 01963932 310-408-0121,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Source: CLAW,MLS#: 25537405

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Tankless Water Heater, Other Water Heater Type
- Laundry: Laundry Closet Stacked
Features
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Kitchen, Living Room, Dining Room, Bath, Decorative
Interior area
- Total structure area: 3,614
- Total interior livable area: 3,614 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street, Off Site
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Fencing: Fenced Yard
Lot
- Size: 6,751.8 Square Feet
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Parcel number: 7454026003
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Condition
- Year built: 1917
Community & HOA
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $488,792
- Annual tax amount: $6,336
- Date on market: 5/12/2025
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