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$775,000
Est. payment /mo
4 Beds
2 Baths
5,370 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26067179
Bedrooms 4
Lot Size 5,370 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value-Add Duplex in a Prime San Pedro Rental Corridor Opportunity in one of San Pedros 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 is not a turnkey property. Its better. Its an opportunity to step into a market with momentum and create your own equity.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Gaffey to 26th, Corner of 26th and Carolina
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7465010023
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Ante Perkov, DRE#01090857 Realion Real Estate
Nearby Locations
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908