We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 7.09% CAP rate the highest in San Pedro and a 9.09 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while two units remain vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.
AGENT: Jonathan Weir LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 383 W 14th ST
San Pedro, CA
Property Details
Price:
$1,475,000
MLS #:
25616545
Status:
Active
Beds:
10
Baths:
8
Type:
Single Family
Neighborhood:
185plaza
Listed Date:
Nov 7, 2025
Finished Sq Ft:
5,180
Total Sq Ft:
5,180
Lot Size:
4,807 sqft / 0.11 acres (approx)
Year Built:
1923
185 – Plaza185plaza
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Schools
Interior
Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
U
Exterior
Parking Spots
8
Parking Total
8
Financial
Gross Operating Income
$162,195
Net Operating Income
$104,583
Map
Community
- Address383 W 14th ST San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
