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364 W Ofarrell Street, San Pedro
$625,000
OC26217806 MLS ⋅ Active Status
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.

364 W Ofarrell Street, San Pedro

116 N Cabrillo, San Pedro
$750,000
2 Beds ⋅ 2 Baths ⋅ PW26216534 MLS ⋅ Active Status
Perfect opportunity for first-time investor in the historic Holy Trinity neighborhood of San Pedro. This charming bungalow-style duplex features two detached 1-bedroom, 1-bathroom units, each offering a functional floor plan, private backyard, laundry hookups, separate garage, and individually metered gas and electricity. Unit 120 was remodeled in 2022. Unit 116 has been recently updated with new flooring, remodeled kitchen, remodeled bathroom, and fresh finishes throughout. New drain pipes were installed for both units in 2019. Each unit has its own Washer and Dryer hookups, Conveniently located less than one mile from Downtown San Pedro and the rapidly transforming LA Waterfront, including the new San Pedro Public Market, West Harbor waterfront development, AltaSea, and nearby SpaceX facilities. This property offers excellent long-term upside in one of the area's most exciting growth corridors.

116 N Cabrillo, San Pedro

658 W Sepulveda Street, San Pedro
$930,000
SB26212522 MLS ⋅ Active Status
Fully renovated San Pedro duplex at 658 W. Sepulveda St. This two-unit property was stripped down to the studs and rebuilt in 2022, including a reinforced foundation, new windows, electrical, plumbing, drains, mini-split AC systems, a new roof, and new flooring throughout. It currently generates $6,505 per month in strong cash flow with tenants paying all utilities, keeping owner operating costs low. The property delivers an approximate 11.9 GRM and an estimated 5.0–5.4% cap rate based on current income. Drought-tolerant landscaping makes upkeep easy and maintenance low. The existing two-car garage offers excellent potential to convert into an ADU for additional rental income. With modern systems, solid rents, and a convenient location near San Pedro’s ongoing waterfront revitalization, this turnkey duplex is an ideal addition to any investment portfolio. Note: Photos were taken before tenants moved into the units and are for illustration purposes only.

658 W Sepulveda Street, San Pedro

1316 S Grand, San Pedro
$899,900
DW26210199 MLS ⋅ Active Status
Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63,600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the 899,900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern California’s most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.

1316 S Grand, San Pedro

776 W 1st, San Pedro
$840,000
4 Beds ⋅ 3 Baths ⋅ OC26200282 MLS ⋅ Active Status
Amazing Opportunity for Home Ownership & Financial Freedom in San Pedro! Why rent when you can own two distinct homes on one lot, live in one, and let the other pay a massive chunk of your mortgage? This unique property features a spacious main home perfect for a family, plus a completely separate back unit currently generating $1,800/month in steady rental income. Lenders can often use this rental income to boost your qualification and purchasing power! The seller is highly motivated and willing to help make this home uniquely affordable for the right buyer—please call for exclusive details. Enjoy coastal breezes, proximity to the updated San Pedro waterfront, and the ultimate peace of mind that comes with built-in financial help. Live in the front, collect rent from the back, and build immediate equity. Schedule your tour today!

776 W 1st, San Pedro

356 W 14th, San Pedro
$788,000
PW26205269 MLS ⋅ Active Status
Location, location, location...and much more! This charming 1910 Craftsman-style duplex is the timeless vintage treasure you’ve been searching for. Situated just two blocks from the opening of San Pedro’s new waterfront destination, West Harbor, and the restored Ports O’ Call site, the area is poised to become even more desirable as the trending waterfront promenade now runs from Berth 77 Park to the new Berth 84 Park. The beautifully maintained duplex offers a unique blend of privacy, functionality, and historic charm. The spacious and charming 2-bedroom, 1-bath unit features a private entrance, custom front door, hardwood floors, with a new refrigerator and a new stove. The studio unit has been remodeled with new laminate floors, new tile, fresh paint, and convenient access to a laundry room with washer and dryer hook-ups. Enjoy thoughtfully designed, low-maintenance landscaping featuring California-native plants, natural cacti, and a pair of beautiful, fruit-bearing orange and lemon trees. The fully fenced property offers gated access, a generous private rear parking area with room for multiple vehicles or an RV, and two separate garages with convenient alley access. The detached garages pose an exciting possibility for a potential ADU conversion. This is a wonderful opportunity for an investor, owner-occupied buyer, or to accommodate a multi-generational household. Celebrate the timeless craftsmanship, historic character, and lasting potential of this rare 1910 Craftsman duplex, ideally positioned in a vibrant neighborhood just moments from the West Harbor!

356 W 14th, San Pedro

1235 W 24TH STREET, San Pedro
$1,350,000
SB26182201 MLS ⋅ Active Status
TWO HOUSES!!! TWO 3 bedroom homes PLUS a bonus studio. Very private two on a lot, with a long driveway and covered parking. The front house is a 3 bedroom, two bathroom home built in 1953 with hardwood floors, terra cotta tiles, lots of windows, and one designated parking spot. The back upstairs house, built in 1977 is a 3 bedroom with one bath. This home has a large kithcen and dining room, newer flooring, balcony with peekaboo view covered parking, backyard with lemon tree and garden area. The property also has a bonus studio area with a kitchen and 1/2 bath. The bonus area is being rented with the upstairs 3 bedroom at this time. Two utility rooms are at the back of the property, one has washer hookups and two newer water heaters. Located in very desirable upper Vista Del Oro area in Coastal San Pedro, boasting some of the best weather in the country if not the world. The owner may consider carrying the loan for the buyer.

1235 W 24TH STREET, San Pedro

440 W 22nd Street, San Pedro
$799,900
PV26172544 MLS ⋅ Active Status
Prime Point Fermin Duplex, Fully Vacant with Excellent Potential! Discover this rare opportunity to own a fully Vacant Duplex in the highly desirable Point Fermin Neighborhood of San Pedro. The Property features 2 Separate Units: a spacious 2 Bedroom, 1 Bath Unit & a 1 Bedroom, 1 Bath Unit, each with its own Laundry Room & dedicated Gas Meter. A detached Garage with Alley Access provides convenient Parking and offers potential for additional development, including a possible 3rd Unit (Buyer to verify all Development possibilities with the City). The Property’s Prime Location is just minutes from Cabrillo Beach, Point Fermin Park, The Coast, 22nd Street Landing, local Breweries, and San Pedro’s exciting Waterfront Revitalization. Enjoy close proximity to the upcoming $500 Million West Harbor Waterfront Development and the new San Pedro Waterfront Amphitheater Project. With both Units delivered Vacant, this Property offers flexibility for an owner occupants, investors, or buyers looking to maximize its rental potential. A unique opportunity in one of San Pedro’s most sought after Coastal Neighborhoods!

440 W 22nd Street, San Pedro

116 N Cabrillo, San Pedro
$750,000
PW26149771 MLS ⋅ Active Status
Perfect opportunity for first-time investor in the historic Holy Trinity neighborhood of San Pedro. This charming bungalow-style duplex features two detached 1-bedroom, 1-bathroom units, each offering a functional floor plan, private backyard, laundry hookups, separate garage, and individually metered gas and electricity. Unit 120 was remodeled in 2022. Unit 116 has been recently updated with new flooring, remodeled kitchen, remodeled bathroom, and fresh finishes throughout. New drain pipes were installed for both units in 2019. Each unit has its own Washer and Dryer hookups, Conveniently located less than one mile from Downtown San Pedro and the rapidly transforming LA Waterfront, including the new San Pedro Public Market, West Harbor waterfront development, AltaSea, and nearby SpaceX facilities. This property offers excellent long-term upside in one of the area's most exciting growth corridors.

116 N Cabrillo, San Pedro

628 W 22nd, San Pedro
$875,000
SB26052642 MLS ⋅ Active Status
***SELLER MOTIVATED - OPEN TO ALL OFFERS AND TERMS + 4.375% RATE BUYDOWN AVAILABLE*** --> $25K REDUCTION! <-- PRIME TURNKEY COASTAL DUPLEX | PROVEN SHORT-TERM RENTAL (STR) INCOME & MASSIVE MARKET RENT UPSIDE. Attention Investors: Capitalize on a rare, high-yield opportunity in the direct path of progress. Zero deferred maintenance, this property offers flexible, high-ROI strategies: Established STR operation, or pivot to long-term tenants to capture upside in today's market rents. *** PROVEN INCOME & UPSIDE: This duplex boasts a highly successful, established 5-star multi-channel STR presence, offering a lucrative short-term or mid-term rental strategy right out of the gate with zero ramp-up time. Both units have been renovated to a standard that commands top-tier, premium MARKET RENTS with massive upside potential to maximize your monthly cash flow well beyond standard pro-forma projections. *** THE ASSET: The Front Unit (2 Bed / 1 Bath) is designed for maximum return, featuring bespoke premium finishes, a stunning spa-inspired bathroom with a clawfoot tub, a cozy fireplace, and a massive Chef's Kitchen with a center island, ample cabinetry, a 6-burner stove with center grille, and dual ovens. The bedrooms are separated for maximum privacy. Rear Unit (1 Bed / 1 Bath + Bonus Room) features its own fireplace and direct access to the hardscape, backyard/patio area. The bonus room offers flexibility for a home office, making it highly attractive to remote-working tenants or higher-paying corporate rentals. *** VALUE-ADD ADU POTENTIAL: The property includes a THREE-CAR GARAGE, offering incredible potential for an ADU (Accessory Dwelling Unit) conversion. This is a prime opportunity to increase unit density, add a 3rd income stream, and significantly boost your overall CAP rate. The exterior grounds in front feature mature landscaping with an abundance of fruit trees (grapefruit, kumquat, lemon, cherry), adding significant curb appeal that keeps vacancy low and guest ratings high. *** THE APPRECIATION CATALYST: This duplex puts you right in the center of San Pedro's massive Waterfront renovation, with the highly anticipated West Harbor development. This billion-dollar project is driving explosive tenant demand and rapid property appreciation. Your tenants or guests will enjoy ultimate accessibility to artisan coffee shops, renowned seafood dining, boutiques, coastal nightlife, and major freeways. Fully immersive 3D walkthrough + FLOORPLAN is available.

628 W 22nd, San Pedro

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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