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Listed price in listed location currency (USD).
$1,300,000
$1,400,000

888

MLS® 25602903

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3237 sqft
Garage No
HOA Fees 
Taxes 
Approx. Age 1923
Avg. Price Per Sqft $432
MLS® Number 25602903

Property Address: 349 W Amar St, San Pedro, CA, 90731-2109

Average square foot calculated using Size range provided by listing agent.

Description

Price reduced by $175, 000. This exceptional investment opportunity features two adjacent fourplexes in the heart of San Pedro, California, each with its own Assessor's Parcel Number, comprising a total of eight single-story one-bedroom, one-bathroom units on a spacious 8, 100 square-foot combined lot. Currently delivering strong financial performance with a 6.57% cap rate and 10.43 gross rent multiplier, the property offers significant upside potential, projecting a 9.57% pro-forma cap rate and 7.88 pro-forma GRM through targeted rent increases and enhancements. Its prime location, less than one mile from the iconic Los Angeles Waterfront, the transformative West Harbor development, the picturesque San Pedro Promenade, and the upcoming 6, 200-seat waterfront amphitheater, positions it for substantial appreciation amid ongoing revitalization. Fully gated for security and equipped with eight dedicated parking spaces, the asset is conveniently situated just a half-mile from key employment and tourism drivers, including the World Cruise Center, Battleship USS Iowa Museum, Los Angeles Maritime Museum, and the bustling Port of Los Angeles. The expansive lot further unlocks future value through opportunities to add Accessory Dwelling Units (ADUs) or pursue redevelopment, making this a versatile and high-potential holding in a dynamic coastal market poised for growth.
MLS® Number25602903
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1923
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Dec 22, 2025End Date
$1,300,000Sold Price

Sold

Oct 7, 2025List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
349 W Amar St, San Pedro, CA

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