267 W OFarrell Street
San Pedro, CA, 90731
$960,000
MLS: SB26164836
Beds
—
Baths
—
Sq Ft
2,630
Lot
0.11 ac
Year Built
1928
MLS #
SB26164836
Days on Market
71
Listed
Aug 4, 2026
Description
Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside. >>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner’s operating expenses. Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.
Location
San Pedro, Los Angeles County, CA 90731
Open on Google Maps ↗Listed by: Olga Wright · Lyon Stahl Investment Real Estate, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,642
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $96,000 · Loan: $864,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,982
- Property tax (1.25%)
- $1,000
- Homeowners insurance
- $300
- Mortgage insurance
- $360
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this San Pedro home with as little as 3.5% down using an FHA loan — roughly $33,600 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See San Pedro, CA 90731 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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