UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26011242
HOA Y/N No
Year Built 1925
Lot Size 5,183 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7448027021
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Virtual Tour https://bow-los-angeles.aryeo.com/sites/rnnbzza/unbranded
NEARBY SCHOOL & BUSINESS
- 9
Mira Catalina Elementary School
Public | KG - 5
- 8
White Point Elementary School
Public | KG - 5
- 8
Park Western Place Elementary
Public | PK - 5
- 8
Taper Avenue Elementary
Public | KG - 5
- 7
South Shores Magnet School
Public | 1 - 5
- 7
Point Fermin Elementary School
Public | KG - 5
- 7
Harry Bridges Span School
Public | KG - 8
- 6
Eshelman Avenue Elementary School
Public | 1 - 5
- 5
Bandini Street Elementary
Public | KG - 6
- 5
15th Street Elementary School
Public | KG - 5
- 5
Gulf Avenue Elementary
Public | KG - 5
- 4
Crestwood Street Elementary
Public | KG - 5
- 4
Leland Street Elementary
Public | KG - 6
- 4
Fries Avenue Elementary
Public | KG - 5
- 3
7th Street School
Public | KG - 5
- 3
Cabrillo Avenue Elementary School
Public | KG - 5
- 3
Wilmington Park Elementary
Public | PK - 5
- 2
Barton Hill Elementary School
Public | PK - 6
- 2
Hawaiian Avenue Elementary & Magnet Center
Public | KG - 5
- 1
George De La Torre Jr. Elementary School
Public | PK - 5
- 8
Miraleste Intermediate School
Public | 6 - 8
- 8
Dodson Middle School
Public | 6 - 8
- 6
Fleming Middle School
Public | 6 - 8
- 2
Dana Middle School
Public | 6 - 8
- 0
Rolling Hills Preparatory School
Private | 6 - 12
- 0
William J. Johnston Community Day
Public | 7 - 12
- 9
Harbor Teacher Preparation Academy
Public | 9 - 12
- 8
Port of los Angeles High School
Public | 9 - 12
- 5
San Pedro High School
Public | 9 - 12
- 0
Angel's Gate (Continuation)
Public | 9 - 12
- 0
Avalon High School
Public | 9 - 12
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Terrance Scotton
Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256
Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256