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$1,462,500
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Property Description
Prime San Pedro Fourplex EXCELLENT INVESTMENT or OWNER-OCCUPANT OPPORTUNITY!
Welcome to 1729 S. Alma Street, a fantastic four-unit property located in a highly desirable area of San Pedro-just walking distance to the beach, San Pedro High School, shopping centers, grocery stores, and a variety of local restaurants. This is an ideal opportunity for investors or owner-users looking to secure a strong income-producing property in one of the South Bay's most sought-after coastal neighborhoods.
This well-maintained fourplex features three spacious 2-bedroom, 1-bath units, all currently occupied, and one fully remodeled 3-bedroom, 2-bath unit. Each unit includes washer and dryer hookups, private garage parking, and is individually metered for gas and electricity-a valuable benefit for long-term management and expense control.
Whether you're seeking steady rental income or planning to live in one unit while renting out the other three, this property offers a smart way to offset your mortgage and build long-term equity. It also provides solid returns with upside potential through future rent growth or value-add improvements.
San Pedro is a community on the rise, with major developments like the $150 million West Harbor waterfront project-a premier retail, dining, and entertainment destination coming soon. The area continues to attract long-term residents and new investment, thanks to its growing population, rising income levels, and ongoing city improvements.
Don't miss your chance to own a well-located fourplex in a thriving coastal market with room for long-term growth.
Full Property Details
Full Property Details for 1729 S Alma St
General
- Sold For: $1,462,500
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25084144
- Added to Site: 275 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage
- Parking: Garage
Location
- Area: 183 - Vista Del Oro
- County: Los Angeles
- Development Name: 183 - Vista Del Oro
- Driving Directions: North of Gaffey and west of 17th Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Flat
- Entry Location: front
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 4,225
- Year Built: 1964
Lot Features
- Property View: Bay, Ocean
- Lot Size (Acres): 0.1034
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $346.15
- Price Per Unit: 393750
Listed by Real Estate Source, Inc., Cesar Gonzalez
Sold by West Shores Realty, Inc., Joray Ess
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Schools
Schools serving 1729 S Alma St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731 | K-6 | 0.3 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 0.3 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1729 S Alma St
Date
Details
Price
Change
Source
7/25/2025
Sold
$1,462,500
-7.14%
MLS
6/06/2025
Price Reduced
$1,575,000
-12.5%
MLS
4/17/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1729 S Alma Street, San Pedro, CA 90731 (MLS# PW25084144) is a Multi-Family property that was sold at $1,462,500 on July 25, 2025. Want to learn more about 1729 S Alma Street? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

