Easy to maintain triplex situated above the street in the heart of San Pedro's bustling art and theater district, waterfront development, West Harbor and vibrant downtown. The front unit has the feel of a single family with a garden on a single level and has a single-level unit behind it with a third unit on the second floor above with its own front patio and nice, bright vantage point. Each unit has a garage with a front parking space in the alley and there is a shared laundry room. Long-term tenants show pride in their well-kept units and the grounds are easy, low-maintenance. The San Pedro and West Harbor development and social renaissance has been phenomenal. Don't miss the "Cars and Stripes" fireworks event later this month.
Exceptional value-add investment opportunity at 467 W 12th Street, a well-maintained 3plex with brand new roof (replaced in 2024), new fence, fresh exterior paint, security cameras. One unit was fully remodeled in 2017; others had new bathrooms, new wall heaters and were meticulously maintained over the years. The property features an ideal unit mix of two 1 Bedroom 1 Bath Units and one 2 Bedroom 1 Bath with Laundry room. 3 Garages in the rear of the property can be converted into an ADU (buyer to verify). Currently 2 garages are rented at $150/mo. each; 1 garage is owners’. ***Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. One tenant is Section 8 and pays $1,795; Other two tenants are NOT Section 8 and pay $1,011 for 1 Bedroom and $919 for 2 Bedroom. ***Property is located in a high-demand rental neighborhood of San Pedro close to the new Waterfront development as well as shopping, dining and public transportation. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
**For Sale: 832 W Crestwood Ave, San Pedro** Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Don’t miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
Located in the heart of Vista Del Oro is this unique and special 2-unit home! Colorful drought tolerant landscape greets you as you arrive, and the charm of the 722 sq. ft. front home, built in 1924, starts with the stone path to the front door. Inside you’ll find a wood burning fireplace and custom wood windows throughout. There are 2 bedrooms and a remodeled bathroom with a walk-in shower. This home also has its own laundry and an off-street parking space. The 1800 square foot main home was built in the 80's by a master woodworker and his artist wife, and their talent and style shine through this one of a kind home. From the moment you step inside, the charm is evident in the architectural millwork on the walls, to the hidden laundry room and storage areas, and built-in cabinetry at every turn. Beautiful,stained glass windows are found throughout, hand-crafted by the owner herself. On the entry level, you will find a den/family room, a 3/4 bathroom and a spacious bedroom doubling as an office, and direct entry to the single car garage with added storage. A stunning curved handrail guides you to the main floor. At the top of the stairs you will find a one-of-a-kind greenhouse window - just imagine seeing this everyday filled with fresh herbs or your favorite greenery! As you turn to face the main living area, you’ll take a step back in time with vaulted ceilings, hand carved wood beams, a stunning skylight and a fireplace with a bit of Southwestern flair. The floor plan lends itself to entertaining with wide open space. Sunlight streams through the many windows. The custom kitchen has abundant cabinet and pantry space and a stained glass window above the sink providing natural light and privacy. The primary bedroom suite starts with a custom door at its entry, and you’ll be surprised when you see the size of this room - it's ginormous, and the vaulted ceilings make it feel even larger! A full wall of closet offers room for your entire wardrobe. A private balcony perfect spot to enjoy your morning coffee. The ensuite bathroom features a jetted soaking tub - and above it is another hand-crafted stained glass window. At the back of the property is a large workshop/storage space as an added bonus. This is a beautiful property on a quiet residential street, and close to all the Pedro staples. With the upcoming West Harbor waterfront promenade and the property being delivered vacant, this may be just the investment opportunity you’ve been waiting for!
Motivated sellers, partial carry back available call for details !!! Stunning 4 Bedroom, 2 Bath home with ADU in attic and garage includes plenty of open space with kitchen and 2 bathrooms. Welcome to your dream home still with a lot of potential! This beautiful 4 bedroom, 2 bathroom house offers a perfect blend of comfort and modern amenities. As an added bonus, the ADU in the attic and garage makes it a perfect way for additional income or joint venture to buy unto this amazing neighborhood. The ADU has its own separate address & electric meter, the gas and water lines are also separated however it’s attached to main house meter. Main House Features: Living Room with a spacious area with a cozy fireplace. Dining Room perfect for family meals and entertaining guests. Kitchen: equipped with a gas stove, washer, and dryer hookups. Bedrooms: Bedroom 1: Conveniently located by the entrance. Bedroom 2: spacious and versatile. Bedroom 3 Master Bedroom: Features a private restroom with a shower. Bedroom 4 ideal for guests or can be used as a home office, gym or extra closet space. Bathroom on the hallway: Includes two sinks and a bathtub. Master Bathroom: private with a shower. Backyard: Has a view, large and perfect for outdoor activities, big open space ready to transform in your own oasis Additional Features: Solar panels, smart Lutron lighting throughout, smart NEST thermostat, and keypad entrance for added for convenience. ADU in Attic: Size Extends over half the main house. Premium location and convenient access only 5 min away from freeway, plenty of groceries and restaurants. Features: Jacuzzi tub for two, double sink, private toilet, separate shower, and its own private entrance with a keypad. ADU in Garage: features separate side entrance, kitchen, bathroom, open living area with washer and dryer hookups.
Lovely 4plex, all 2 bedrooms each. Great upside in rents. Buyers to cooperate with sellers 1031 tax deferred exchange with no cost to buyers. A family can easily live in one of the 2 bedroom unit and let the income of the other 3 pay for the expenses. The roof is about 1 year new. Please provide proof of funds, approval letter. Please do not disturb the tenants. All offers are subject to inspection.
Nice duplex in San Pedro. 2 separate homes on the lot. Both homes are 2 bedrooms each. Buy this property now and you wont have to rent anymore. Use the income from one house to help paying for the expenses, build equity and enjoy all the tax benefits that come with owning real estate. Please don't disturb the tenants. Offer is subject to inspection. Please provide approval certificate & proof of funds All offers on CAR forms. Buyers to cooperate with sellers 1031 tax deferred exchange with no expense to buyers. Expenses are estimated
Welcome to 2215 S Mesa St in the picturesque city of San Pedro. This outstanding updated residential income property comprises 3 separate units with plans for a future ADU with electric meter space already designated. Each unit is equipped with in-unit laundry facilities, a full kitchen, and a cozy living room. Unit 2219 features a spacious layout with 2 bedrooms and 1 bathroom, complete with a charming fireplace in the living room. The other two units (2215 and 2217) offer well-appointed 1-bedroom, 1-bathroom layouts. Each residence includes its own garage space with an EV charger, ensuring convenient parking and promoting sustainable living practices. Additionally, individual gas and electric meters for each unit allow for personalized utility management. Located near Fort MacArthur, Cabrillo Beach, San Pedro Fish Market and Restaurant, hiking trails, and local aquariums, this property not only presents an opportunity for rental income but also offers close proximity to recreational activities and dining options. Don't miss out on the potential of this property in San Pedro!
Two 2 bedroom houses on one lot, parking provided from both the front and the back of the property. Wonderful investment opportunity, solid long term tenants.
We are pleased to present this rare coastal property seconds from the cliffs of the Pacific Ocean in a quite residential neighborhood. The property is comprised of 5 units three 2b1b units and two 3b2b units. The property has been soft story retrofitted, has new exterior railings, exterior paint, and has recently undergone an interior renovation on one of the three bedroom units. The average square feet of each unit is 1,076 and boast large floorplans. Tenants can enjoy walking the cliffsides, quite peaceful surroundings, and larger units which makes this an ideal investment property. A new owner can benefit from an estimated 36% upside in rents, a great quality piece of real estate, and solid returns.
BUILT IN 2017, THIS TURNKEY DUPLEX IS NOT SUBJECT TO RENT CONTROL!! A MASSIVE DUPLEX FEATURING TWO UNITS - ONE WITH 5 BEDROOMS, 3 BATHS AND THE OTHER WITH 4 BEDROOMS, 3 BATHS WITH 6 (SIX!) TOTAL PARKING SPACES. IN THE UP AND COMING NEIGHBORHOOD OF SAN PEDRO, STEPS AWAY FROM THE WEST HARBOR DEVELOPMENT (WWW.WESTHARBORLA.COM), A 42 ACRE WATERFRONT DISTRICT WITH AN OUTDOOR AMPHITHEATER AND UPSCALE SHOPPING, DINING, AND HOTELS. THIS PROPERTY HAS SCENIC VIEWS OF THE OCEAN. BRING ALL BUYERS AND INVESTORS! ONE UNIT IS CURRENTLY RENTED; YOU WILL GET INSTANT INCOME PRODUCING CASH FLOW. YOU CAN LIVE OR RENT OUT THE OTHER! RENT SCHEDULE FROM APPRAISER SHOWS 10,925 IN PRO FORMA RENT. EXPENSES ARE ESTIMATED.
Luxury Living and leasing all within a mile of the beach, Korean Friendship Bell, Major attractions, freeways and transportation. This turnkey set of side by side duplex style homes offer charisma, charm, space and different rental strategies to make this a one of a kind opportunity you won’t want to miss in a fantastic location. 1 mile from the shore, driveway and garage parking, spacious sized units with balcony, built in bed and more. Absolutely must see this home. One unit is 3 bed, 2.5 baths the other is 2 bed, 1.5 baths. Owner has had successful short term rental success and will share with new owners if interested, it doesn’t get much better than this.
This 2 unit income property offers a prime investment opportunity in the vibrant community of San Pedro! Each unit features 2 bedrooms and 1 bath and accessible washer and dryers to ensure a seamless living experience for tenants. Benefiting from the presence of long term tenants, this income property offers stability and growth potential, making it an appealing prospect for both seasoned investors and those looking to expand their portfolios.
Introducing a rare opportunity to own two nearly remodeled, brand new homes for just $597,500 each. These homes are being sold together for a total list price of $1,195,000. Both homes share the same APN number. Don't miss out on this unique chance to own two stunning properties side by side! The neighborhood locally known as Whisky Flats presents two stunning, brand-new standalone residences. These vacant homes have never been lived in before (in remodeled condition) and are meticulously crafted to perfection. The primary home features 2 bedrooms and 1 bathroom (656sq ft approx), complemented by a standalone Accessory Dwelling Unit (ADU) (682sq ft approx) also with 2 bedrooms and 1 bathroom. Both properties have been completely remodeled with exquisite attention to detail. Highlights include smooth stucco exteriors, new electrical panels, a tankless water heater, recessed lighting, and stainless steel appliances. The kitchens and bathrooms have been fully modernized to offer the utmost in comfort and style. These properties are ideal for multigenerational living or separate professional arrangements, offering new home enthusiasts an opportunity to enter the housing market with minimal maintenance while still enjoying a piece of the California Dream. Essentially, each homeowner is acquiring a residence for $600,000, which is more affordable than any standalone house in this condition. In the future, the dwellings can be separated into individual units through the use of AB 1033 (Buyer to Verify). These homes are expected to align perfectly with California's Assembly Bill No. 1033 (AB 1033), which permits local agencies, such as the City of Los Angeles, to adopt ordinances allowing the separate conveyance of primary and accessory dwelling units as condominiums. Located in a prime area, these homes are just a short distance from Fort MacArthur, Cabrillo Beach Yacht Club, 22nd Street Restaurant, Brouwerij West, Tranis Dockside, Sunken City, Point Fermin Lighthouse, Angeles Gate, and many other attractions. This is a rare opportunity to own beautifully updated homes in a highly desirable location.
HUGE HUGE HUGE price reduction. 5-unit apartment building nestled in the heart of San Pedro. This well-maintained property offers a captivating blend of SoCal charm and cozy comfort. Each unit features one bedroom and one bath apiece. The property is within walking distance of public transportation, restaurants, and San Pedro attractions, offering a blend of historic charm and contemporary living. Four of the 5 units have been renovated in recent years. Don't miss the chance to own a piece of San Pedro and enjoy the benefits of modern living. Just so you know – showings will be scheduled with accepted offers. Professional pictures are coming soon.
Exceptional value-add investment opportunity at 727 W 16th Street, a well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is just minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. ***The property features an ideal unit mix of all 2 Bedroom 1 Bath units. Garage in the rear of the property is currently vacant and can be rented or converted into an ADU (buyer to verify). Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. ***This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
Huge opportunity for 2 units! Brand New Remodeled front unit with a second Brand New Constructed unit BUILT WITH PERMITS AND CITY INSPECTIONS! Get 2 houses for the price of one! Live in one and rent the other out! The front unit is 747 W. 20th Street, which is a 2 bedroom/1 bath home. The brand new unit is 749 W. 20th, which is 2 bedrooms and 2 baths, and was built in 2023/2024. Both units feature brand new kitchens, brand new flooring, brand new bathrooms, brand new interior design, brand new plumbing, brand new electric, brand new HVAC, and much more. They are separately metered for gas and electric. There is a front yard, side yard, and a large yard that separates the 2 buildings and there are multiple fruit trees on the lot. Access to both can be made from either the front street (20th) or the back paved alley. Plans, permits, and inspection records can be made available upon request. Don't let this opportunity get by you!
Discover the allure of this captivating craftsman property, designed to function as a 2 unit residence, offering versatile living options and a total of 2050 sqft. The front part of the home exudes timeless charm with original built-ins in the living room, a spacious dining room adorned with a charming fireplace, featuring rich dark wood floors, 2 bedrooms, and 1 bath. Meanwhile, the back part of the home boasts 2 additional bedrooms and 1 bathroom, providing ample space for comfortable living. A standout feature is the presence of 2 kitchens, catering to the convenience of a multi-unit setup. The property also includes a large indoor laundry area, abundant storage, and the added benefit of Tesla Solar Panels, exemplifying a commitment to sustainability. Outside, the large backyard with fruit trees calls for entertainment and relaxation, while a motorized gate leads to parking at the back with enough room for multiple cars. Situated in close proximity to dining establishments, parks, the vibrant San Pedro square market, and the bustling port area.
A developing location and the perfect timing to purchase this great Duplex. Property has tons of POTENTIAL with open areas for entertaining or possibilities of building. Live in or rent out while building equity through the process in the rapidly expanding city of San Pedro, just minutes from downtown San Pedro, walking distance to the new development site where more than 300,000 square feet of shops and restaurants are planned to be built on a 42-acre site along the L. A waterfront. The front unit is currently on a month to month lease, and the rear unit is move-in ready with many new upgrades for an owner-user. The front unit is a 2 bedroom, 1 bath with a spacious basement for use as extra storage or office space, both houses have their own washer and dryer hookups with plenty of closet and storage space. The back unit is a 1-bedroom 1 bath that has an extra spacious room that could also be used for your office or gym area. This unit comes with new laminate flooring throughout, newer granite countertop with newer cabinets, new ceiling fans, freshly paint inside and out, the porch has been remodel to enjoy the exquisite fresh evenings of San Pedro. Upgraded plumbing, electrical, and wall heater. As well unit has a spacious basement to store items. Both units have their own landscaped areas to enjoy entertaining your guest. Don’t MISS OUT on this unique opportunity nestled in the desired area of San Pedro.
UPDATE: One unit to become vacant at the end of August. We are pleased to exclusively offer for sale 643 W 15th St, a 2 unit multi-family investment located in San Pedro, CA. The building features an excellent unit mix of (2) 2 Bed/1 Bath ~1,074 SF Units for a total rentable square footage of 2,148 SF. There are (2) detached garage parking spaces available to tenants which is especially important in this parking impacted submarket. Further, each tenant has (1) assigned parking space adjacent to the garage. For the astute investor, this ample parking can be leveraged into additional income subject to occupancy. In addition, the property has been meticulously well-maintained with updated kitchens, new exterior paint, and a newer roof, and each tenant has its own in-unit laundry. From a pricing standpoint, this property is being offered at a favorable $387,500/Unit and $360.80/SF, roughly $40k/Unit and $50/SF shy of market averages, respectfully. Further, the offering represents an outstanding Value Add Opportunity with 76% in Rent Upside, imputing a Market CAP Rate of 6.03% and Market GRM of 11.98. Lastly, the building is strategically located – not only near the Port – but also within close proximity to the confluence of both Los Angeles and Orange County freeway systems and, in effect, offers tenants easy access to the booming economic and employment hubs of both counties. For these reasons, the astute investor can confidently forecast continued population and median household income growth within the submarket, thus driving prolonged rent growth upon acquisition.
Opportunity awaits in this charming Spanish-style duplex nestled in the heart of Vista Del Oro, San Pedro. Live in one unit and enjoy rental income from the other, maximizing both comfort and investment potential. The owner's unit boasts a private driveway, backyard, and a separate two-car garage, providing convenience and space. Experience the allure of Weymouth Corners and the nearby Averill Park, both within walking distance, making this location ideal for leisurely strolls and enjoying the community's amenities. Both units have been fully remodeled, featuring elegant shaker cabinets, stone countertops, and delightful bathrooms. The spacious living rooms are adorned with beautiful windows, flooding the space with natural light and offering charming views of the neighborhood. Retaining the timeless appeal of Spanish architecture, this property showcases original windows, refinished hardwood floors, and a decorative fireplace. Recent upgrades include a new roof and a repipe of both units, ensuring peace of mind and hassle-free living. Don't miss out on this turnkey opportunity to embrace the quintessential San Pedro lifestyle in a meticulously maintained duplex residence.
Very unique property located a short distance from the multi-million dollar "West Harbor" waterfront redelopment that is underway and scheduled for a Grand Opening in 2025 (per developer's promotion materials). Main residence is a beautifully remodeled 2 bedroom 1 1/2 bath home that is perfect for an owner-occupant. It features wood laminate flooring throughout, new kitchen with stainless steel appliances, upgraded bathrooms, fresh paint, indoor laundry area, built-in cabinetry and newer central heat and air conditioning system. Next is the large 3 car garage that has been partially improved and could easily be finished to become a 1 bedroom ADU. Above the garage is a spacious and well appointed 1 bedroom 1 bath rental that is currently rented for $1410/month. This unit was built in 1991 so it is not subject to LA City Rent Control restrictions (buyer to verify with appropriate government officials). Next is the large yard that actually sits along side the main residence on the corner. This means it has access from two streets and would be the perfect space to build aa ADU and/or a junior ADU ( if allowed by city) while still keeping the 3 garages for extra rental income. Come take a look to see all the potential that this special property has to offer.
FANTASTIC INVESTMENT OPPORTUNITY THREE BLOCKS FROM THE SAN PEDRO WATERFRONT, MARINAS , AND CABRILLO BEACH. THIS BUILDING HAS BEEN WELL CARED FOR BY ITS LONG TERM OWNERS. UNIT #3 (SEE PHOTOS) HAS BEEN RECENTLY REMODELED WITH NEW KITCHEN CABINETS, COUNTER TOPS, UPDATED BATHROOM AND LAMINATE FLOORING. ALL UNITS HAVE INTERIOR LAUNDRY. 5 SEPERATE GARAGES, SOFT STORY RETROFIT HAS BEEN COMPLETED THE OWNER IS CURRENTLY USING ONE AND IT CAN BE RENTED SEPARATLY WHEN VACATED. THERE IS A SEPARATE STORAGE ROOM ALSO.
This Spanish 4 plex in the prime San Pedro Point Fermin neighborhood boasts 4,886 sq.ft. with ocean and harbor views! This is an ideal opportunity for any owner/user looking to invest in LA County’s up and coming coastal neighborhoods. From the newest San Pedro Waterfront Park development to bespoke eateries like Colossus and Tranis Dockside, San Pedro is positioned to become one of LA’s hottest coastal cities. ***The 4 plex boasts a favorable unit mix featuring (1) 3Bed+2Bath, (2) 2Bed+2Bath and (1) 1Bed+1Bath units, all of which have spacious floorplans. The spacious owners unit (3 Bedroom) has an enclosed terrace and arched walkways. There are three separate tandem garages (for a total of 6 spaces) and one exterior space. The front exterior space boasts 2 citrus fruit bearing trees! There is over 73% upside available in monthly rental income. Once all units are renovated and rented for market, the property will operate at a 7.1% CAP. The property is separately metered for gas and electric and each unit has washer and dryer hookups.
LARGE duplex in the heart of San Pedro. Front unit has 2 bedrooms, 1 bathroom, approx. 1100 sqft with gated front yard, laundry inside and a 2-car garage. Rear unit features 3 bedrooms, 3 bathrooms, approx. 2000 sqft with spacious kitchen with open dining/living area, plus powder room. Upstairs is a large family room with views; the Primary Bedroom (200+ sqft) features a walk-in closet and ensuite bathroom, plus two additional bedrooms share a full bathroom. Attached 2-car garage with laundry conveniently located inside and a large private patio off the kitchen. Ideally located just two blocks from downtown San Pedro with a multitude of dining options and nightlife, and only 2 blocks from the new West Harbor Development. Look no further for a great performing investment property or move in and enjoy the extra income!
San Pedro is located in California.
