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663 West 5th Street

Los Angeles CA 90731

6
7
7
4057 sq. ft.
5000 sq. ft.
Other
Currently for sale - view listing

Overview

Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.

Features

6 bedrooms
7 bathrooms
7 carspaces
4057 sq. ft. floor area
5000 sq. ft. lot size
Other

Property history for 663 West 5th Street

2025
Sold
$1,200,000
26 Nov 2025 by Jonathan Weir, of Marcus & Millichap

Happy sellers in Los Angeles

92%
92% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 6 bedroom other properties in Los Angeles

In the last 12 months, 2 six-bedroom other properties similar to 663 West 5th Street, have been sold.

This represents a 50% decrease in six-bedroom other properties sales when compared to the previous 12 months.

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