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Back 663 West 5th Street
Off Market

663 West 5th Street

Los Angeles CA 90731

6
7
7
4057 sq. ft.
5000 sq. ft.
Other
Last sold for $1,200,000
Jonathan WeirJonathan Weir, last sold this property on 26 November 2025 after 18 days on market.

Overview

We are pleased to present 663 W 5th St, a six-unit multifamily property located in the heart of San Pedro, CA and only blocks away from the vibrant downtown neighborhood. Built in the 1990s and being offered for sale for the first time ever, this well-maintained asset features a diverse unit mix consisting of one 2-bedroom/2-bathroom unit, one 2-bedroom/1-bathroom unit, and four studio units. Given the building was built in 1990, the property DOES NOT fall under LA City rent control. The property offers seven on-site parking spaces and presents investors with an estimated 20% rental upside through future modernization and rent adjustments. Situated in a rapidly developing pocket of San Pedro near local restaurants and major transit corridors, 663 W 5th St provides a great opportunity to acquire a building with strong in-place income and long-term growth potential. For more information, please reach out.

Features

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

Estimated Value

Based on this property and similar 6 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 663 West 5th Street is $1.08m.

Median value
$1.08m
Estimated value range
$940k - $1.51m
Median days on market
31
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

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

91%
91% 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.

This is based on voluntary sentiment collected from 15 reviews in Los Angeles over the last 12 months.

Local market activity for 6 bedroom other properties in Los Angeles

In the last 12 months, 3 six-bedroom other properties similar to 663 West 5th Street, have been sold.

This represents a 300% decrease in six-bedroom other properties sales when compared to the previous 12 months.

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