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Listed by Ante Perkov, DRE #01090857 • Realion Real Estate
$775,000
Est. payment /mo
5,370 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26067179
Year Built 1948
Lot Size 5,370 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Value-Add Duplex in a Prime San Pedro Rental Corridor Opportunity in one of San Pedro's strongest and most consistent rental corridors. This duplex is priced for its current condition and presents a clear path to upside for both owner-occupants and investors who understand how to unlock value. One unit will be delivered vacant, creating immediate flexibility. Move in and offset your mortgage with rental income. Renovate and reposition the asset. Or lease at market rent and stabilize cash flow from day one. The second unit provides in-place income in a high-demand rental pocket with historically strong occupancy. The lot offers additional potential, including the ability to explore ADU development for expanded income streams or multigenerational living (buyer to verify). For those thinking long-term, this is the kind of property where small improvements can materially shift both rents and overall valuation. Positioned near the rapidly evolving LA Waterfront, the property benefits from proximity to Cabrillo Beach, Point Fermin Park, the Korean Bell of Friendship, and the Battleship USS Iowa Museum. It also sits just minutes from the highly anticipated West Harbor development, a transformative project bringing dining, retail, and entertainment to the waterfront. This
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Laundry In Kitchen
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 7465010023
Special Listing Condition Not Applicable
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