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$1,400,000

Est. payment - /mo

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8 Beds

4 Baths

3,614 SqFt

New

573 W 13th St San Pedro, CA 90731

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Marlyn Kamibayashiyama

marlyn4k@gmail.com +1(702) 325-8918

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,614 sqft

Price per Sqft $387

MLS Listing ID 25537405

Style Colonial

Bedrooms 8

Year Built 1917

Lot Size 6,751 Sqft

Acres 0.155

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Plaza

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Electric

Cooling Wall/Window

Fireplaces Type Kitchen, Living Room, Dining, Bath, Decorative

Equipment None

Laundry Laundry Closet Stacked

Exterior

Parking Features On street, Offsite

Building

Lot Description Back Yard, Front Yard, Fenced Yard

Story 2

Architectural Style Colonial

Level or Stories Two

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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+1(702) 325-8918

marlyn4k@gmail.com