Exceptional opportunity to own the lowest-priced income property currently available in San Pedro. This unique property functions as two essentially stand-alone houses on one lot, each with its own private entrance. One unit is accessed from the street, while the second is accessed from the alley, offering excellent separation and… Read More privacy.
The property generates approximately $41,700 in annual gross rental income. Annual operating expenses, including new property taxes, are approximately $13,100, allowing buyers to determine their own net return based on individual operating assumptions.
Owner-Occupant Opportunity:
Ideal for a buyer looking to live in one unit while renting out the second. The separate entrances provide privacy, and the rental income can help offset the monthly mortgage, making this an attractive option for an owner-user seeking flexibility and affordability.
Investor Opportunity:
A strong entry-level investment in San Pedro with two separate dwelling units on one lot. With below-market pricing and future upside potential, this property offers a compelling opportunity for investors looking to improve operations, address deferred maintenance, and increase long-term returns.
Located near the Port of Los Angeles, with a major new port-related development scheduled to open this year. This project is expected to bring additional jobs, increased economic activity, entertainment attractions for visitors, and continued investment to the area, further driving demand for housing and adding long-term upside to San Pedro’s already strong rental and ownership market.
Opportunities like this are rare—get in early before others do. Read Less
Property listed by Keller Williams Realty, Carol Anne Mills 310-701-2486
Listing Snapshot
Days Online
10
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
1925
MLS Number
SB26011242
Additional Details
Building
Built in 1925, 2 buildings, 1 storey, Entry level: 1, Entry location: Front/Back
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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