655 W 22nd
San Pedro, CA, 90731
$950,000
Beds
0 Baths
0 SqFt
0.11 Acres
Add
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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.

Property Details

Price:
$950,000
MLS #:
PW25254617
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
181pointfermin
Listed Date:
Nov 12, 2025
Total Sq Ft:
2,163
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1923
181 – Point Fermin181pointferminNone

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Schools

Interior

Cooling
NO
Heating
WL
Laundry Features
NO

Exterior

Community Features
SDW
Parking Spots
3

Financial

Gross Operating Income
$74,016
Net Operating Income
$51,811

Map

Community

Subdivisions in San Pedro

Market Summary

Current real estate data for Single Family in San Pedro as of Dec 11, 2025
111
Single Family Listed
67
Avg DOM
354
Avg $ / SqFt
$651,279
Avg List Price

Property Summary

    655 W 22nd San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in San Pedro is $354. The average listing price for Single Family in San Pedro is $651,279.

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