823 W 25th Street, San Pedro, CA 90731

$2,400,000
17
BD
12
BA
9,560
SqFt

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Sold Price
$2,400,000
List Price
$2,499,000
Closing Date
Apr 08, 2026
Status
CLOSED
MLS#
25604099
Year Built
1948
Bedrooms
17
Bathrooms
12
Living Sq. Ft
9,560
Lot Size
9,295
Acres
0.21
Days on Market
103
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

JUST REDUCED $250,000! A "Steady Eddie" investment option. Near San Pedro Harbor & the cliffs of Pt. Fermin Park. A tried-and-true investment option on one of San Pedro's better-known streets.25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South. The building has been well-maintained and rehabbed as needed, as units turnover. Also, a new roof was put on in 2024. San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: Brice Head (Brice.Head@cbre.com) from Listing Office: CBRE, Inc..

Listing sold by Sean Riley from CB Richard Ellis, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.