Listed by Gustavo Arias of First Team Real Estate (323-819-0035)
Five doors, one exceptional location - 629-633 W 8th Street delivers what today's investors are searching for: immediate stability with a clear path to more. Each unit is a private 1-bed/1-bath apartment with its own separate utility meter, making day-to-day management simple. An on-site garage adds bonus income, currently rented as storage. Here's the math: a 5.50% cap rate in place today, climbing to a 7.42% pro-forma as below-market units turn over - a path backed by California's Costa-Hawkins vacancy decontrol. But the numbers only tell half the story. This property sits minutes from Long Beach's booming Space & Defense corridor, and walking distance to the San Pedro waterfront revitalization, the LA Cruise Hub, and the new West Harbor development. With the 2028 LA Olympics on the horizon, this corridor is one of San Pedro's fastest-changing pockets - and this is a rare chance to own five units right in the middle of it, now at a new price. The fundamentals haven't changed. The opportunity has never been better.

Listing Tools

Property Details of 629 W 8th W

Map Location

Based on information submitted to CRMLS as of August 8, 2026 5:49 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Todd Mendoza. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.