EXCEPTIONAL 8-UNIT INVESTMENT OPPORTUNITY IN VIBRANT SAN PEDRO | VALUE-ADD POTENTIAL
A unique 8-unit multi-family property, perfectly positioned in the desirable San Pedro neighborhood of Vista Del Oro. Exceptional opportunity for investors to maximize returns through strategic upgrades and development.
8 units across 3 buildings (total of 6,176 SF) on a massive 12,161 SF lot zoned LA RD1.5 present ample space for potential expansion and development.
The separate garage structure with 7 single-car garages offers a prime opportunity for conversion into ADUs, substantially increasing unit count and cash flow.
Excellent in-place income averaging $1,398/unit (SEE SUPPLEMENTS FOR FULL OM), with upside potential via remodeling and renting the vacant unit at top market rent and raising rent to existing tenants (all are due for annual rent increase). Property is subject to LA City RSO.
On-Site Amenities: Additional income streams from convenient on-site laundry (leased equipment) and storage.
UNIT DETAILS AND DISCLOSURES:
Per Assessor Records, all units are 1-bedroom units. However, units appear to function as proper 2-bedroom units, each featuring windows and closets.***
Disclosure: Seller makes no representations or warranties regarding the legal bedroom count or the feasibility of ADU conversions. Buyer is solely responsible for independently investigating and verifying all information, including square footage, property condition, zoning, permits, and all applicable local/state ADU requirements, to their full satisfaction.
Listed by Olga Wright
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License #01315042
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Lyon Stahl Investment Real Estate, Inc.
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310-801-7373
Last updated December 09, 2025
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Source: CRMLS #SB25272938
Listing Facts
TypeMulti-family
NeighborhoodCentral San Pedro
Days on Prevu2
Amenities
Parking
Location
Mortgage Calculator
Listing History
12/09/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,520,000
Property Details for 963 W 9th
Association
Amenities
Community Features: Street Lights, Sidewalks, Urban
Exterior
Construction
Number Of Units Total: 8
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1923
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 6,176
Building Area Units: Square Feet
Lot Features: Rectangular Lot, Walkstreet, Yard
Lot Size Acres: 0.27
Lot Size Area: 12,161
Lot Size Source: Assessor
Lot Size Square Feet: 12,161
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.4
Gross Income: $146,892.00
Operating Expense: $47,964.00
Taxes
Parcel Number: 7458007008
Other
Location
Tax Block: 3
Tax Lot: 9
Parking
Parking
Garage Spaces: 7
Garage: Yes
Parking Total: 7
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 963 W 9th.
Does this multi-family home have parking?
Yes, there are 7 parking spaces available for 963 W 9th.
How does 963 W 9th compare to other multi-family homes in Central San Pedro?
This multi-family home is listed 39% above the average price for multi-family homes in Central San Pedro and has been on the market for 112 less days than the typical home in this area.
963 W 9th is a -bedroom multi-family home for sale in San Pedro CA 90731. On Prevu for 2 days at $1,520,000. This home is located in Central San Pedro. The median listing price for multi-family homes in this area is $999,500. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.