Located in an elevated section of San Pedro, this multifamily asset enjoys sweeping views of the surrounding area and proximity to major redevelopment initiatives. The property benefits from strong fundamentals and is positioned to capitalize on public and private investments in the area.
The property consists of 10 residential units with a well-balanced mix of 1-bedroom, 2-bedroom, and 3-bedroom layouts, catering to a broad tenant demographic. The unit mix offers both affordability and spacious living options, supporting tenant retention and rental upside potential.
The property features 10 private garages and 2 open parking spaces, offering ample off-street parking—an attractive amenity in the San Pedro market. Tenants benefit from an on-site coin-operated laundry facility, which also provides supplemental income. Recent capital improvements include a new roof installed in 2024, reducing future maintenance costs, and upgraded stair railings that enhance both safety and curb appeal. These enhancements reflect strong ongoing maintenance and add long-term value to the asset.
Proximity to LA Waterfront Revitalization: Situated near the government-backed San Pedro Harbor Redevelopment, including future mixed-use retail, parks, promenade, and tourism-focused infrastructure.
Coastal Views & Elevated Topography: Select units may feature harbor views. Higher elevation provides enhanced drainage and long-term structural resilience.
Transit & Accessibility: Easy access to freeways, public transportation, and the Vincent Thomas Bridge ensures strong connectivity to Long Beach, South Bay, and Downtown LA.
For sale
Listing Provided by:
Christine Li DRE #02003306 619-248-6434,
Real Broker
$3,150,000
823 W 25th St, San Pedro, CA 90731
20beds
--baths
10,370sqft
Est.:
Multi Family
Built in 1948
-- sqft lot
$3,059,200 Zestimate®
$304/sqft
$-- HOA
What's special
Sweeping viewsAmple off-street parkingPrivate garages
- 70 days
- on Zillow |
- 166 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 11:03pm
Listing Provided by:
Christine Li DRE #02003306 619-248-6434,
Real Broker
Source: CRMLS,MLS#: OC25118090
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 10,370
- Total interior livable area: 10,370 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 10
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 9,295 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7463013028
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $1,737,987
- Annual tax amount: $22,339
- Date on market: 6/10/2025
- Listing terms: Cash,Cash to New Loan
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