655 W 22nd

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Source: California Regional MLS

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PWKRIMOO

Exceptional investment opportunity in the heart of San Pedro. This 4-plex is being offered for the first time in over two decades, true long-term ownership pride. Located just minutes from the 22nd Street Marina, 22nd Street Landing, and the rapidly transforming LA Waterfront, this property sits in one of the most desirable and strategically positioned pockets of San Pedro. The 4-plex consisting of all 1 bedroom/1 bathroom and 3 garages has significant rental upside, making it ideal for value-add investors, 1031 buyers, and owner user wanting to live in one and rent out the other 3 to help pay the mortgage. The surrounding neighborhood is experiencing the highly anticipated West Harbor development a 42-acre waterfront destination slated to open in 2026, complete with a one mile promenade, waterfront dining, entertainment venues, outdoor recreation, and the iconic West Harbor Wheel. This landmark project is expected to elevate the entire San Pedro market and increase demand for nearby housing. Residents benefit from close proximity to the marina, coastal walking paths, parks, dining, and the charming character that defines this historic hillside community. Easy access to Downtown San Pedro, local boutiques, cultural attractions, and the broader South Bay make this location equally appealing for renters and investors. A rare chance to acquire a stable asset with incredible future upside in one of LA’s fastest-improving waterfront districts. Properties with this combination of location, long-term ownership, and rent-growth potential seldom hit the market. Hurry, you don’t want to miss it!!

655 W 22nd, San Pedro, CA 90731

Market Report for 90731

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