USACASan Pedro629 W 8Th St
Listing image | Image 1

629 W 8Th St, San Pedro, CA

House

For Sale

Listed price in listed location currency (USD).
$999,900

001

MLS® PW26132952

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 1
Lot Size 0.1148 Acres
Approx. Age 1905
MLS® Number PW26132952

Property Address: 629 W 8th St, San Pedro, CA, 90731-3121

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

Description

5-unit multifamily in the heart of San Pedro's transformation — and the timing couldn't be better. This stabilized asset at 629–633 W 8th Street delivers immediate cash flow at a 5.50% in-place cap rate with a clear path to 7.42% as below-market units turn over — fully supported by California's Costa-Hawkins vacancy decontrol provisions. Each unit is 1 bed / 1 bath with one-car garages and separate utility meters — a landlord-friendly setup from day one. The total building is 3, 716 SF. The location does the heavy lifting: less than 10 minutes from Long Beach's booming Space & Defense corridor — home to Rocket Lab, Relativity Space, Anduril, and VAST — and steps from the San Pedro waterfront redevelopment, the LA Cruise Hub, and the official FIFA World Cup 2026 Fan Zone at West Harbor. The 2028 LA Olympics add another layer to an already compelling long-term growth story. San Pedro isn't a speculative bet — it's a community mid-transformation with the institutional backing, infrastructure investment, and proximity to one of LA's fastest-growing employment corridors to support sustained appreciation and rental growth.
MLS® NumberPW26132952
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1905
Basement
DrivewayNone
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Rooms

Change to metres

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$999,900List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$999,900List Price
  • Commute

Commute

Starting Address
Destination Address
629 W 8Th St, San Pedro, CA

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