663 W 2nd St, San Pedro, CA 90731

Built in 1983, this pride-of-ownership 4-unit property offers investors and owner-occupants alike a rare combination of modern construction, strong income potential, and long-term upside. Because it was built after 1978, the property is not subject to the Los Angeles Rent Stabilization Ordinance, providing valuable flexibility in future rent growth. Each spacious unit features vaulted ceilings that fill the interiors with natural light, creating a desirable living environment for tenants. The building also includes 8 covered parking spaces on the first floor—a highly attractive amenity for residents. In addition, a large storage area presents a unique opportunity for a new owner to get creative and generate additional revenue.