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$625,000
Est. payment /mo
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26217806
HOA Y/N No
Year Built 1958
Lot Size 5,000 Sqft
Property Sub-Type Duplex
Property Description
San Pedro Investment Opportunity – Two Detached Homes on One Lot! Excellent opportunity for investors, contractors, and buyers looking to add value in an established San Pedro neighborhood! Situated on a 5,002 square foot lot, this property features two separate, detached residences, offering flexibility and potential for multiple income streams. The front home consists of 3 bedrooms and 1 bathroom, while the rear home offers 1 bedroom and 1 bathroom. Both residences are in need of renovation, presenting an opportunity for an experienced buyer to restore, improve, and reposition the property for long-term rental income or resale. The detached configuration provides added separation between the residences, making this an attractive investment opportunity for those seeking to maximize the property's potential. The location adds further appeal, with convenient access to Downtown San Pedro's restaurants, shops, and galleries, the LA Waterfront, the Port of Los Angeles, and popular coastal destinations including Cabrillo Beach and Point Fermin Park. With two detached homes on one lot and substantial room for improvement, this property presents a compelling value-add opportunity for an investor looking to establish or expand a rental portfolio in San Pedro.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard, Front Yard, Rectangular Lot
Story 1
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 7449009022
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Third Party Approval
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Listed by Teresa Gorman Fiduciary Real Estate Services 949-436-3105, DRE #00969257
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