524 W 2nd, San Pedro, CA 90731
- $798,000
- List Price
- $798,000
- Status
- ACTIVE
- MLS#
- SB26164895
- Year Built
- 1964
- Lot Size
- 5,000
- Acres
- 0.11
- Lot Location
- Paved
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Excellent San Pedro investment opportunity featuring two detached 2-bedroom/1-bath homes on a 5,000 SF lot. Each unit has its own garage, providing privacy and strong tenant appeal. One unit was recently fully renovated with high-end finishes and rented for $2,795 per month, while the second is occupied by a long-term tenant paying $1,491 per month, offering stable income with significant rental upside. Both homes are in excellent condition and include tankless water heaters, washer / dryer hookups, private yards... Ideally located near Downtown San Pedro, the LA Waterfront, and the West Harbor development in a high-demand coastal rental market with limited multifamily inventory.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $51,444
- Operating Expense
- 17380
Listing courtesy of Listing Agent: Olga Wright (olga@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
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