658 W Sepulveda, San Pedro, CA 90731
- $930,000
- List Price
- $930,000
- Status
- ACTIVE
- MLS#
- SB26212522
- Year Built
- 1900
- Lot Size
- 5,002
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Style
- Craftsman
- Property Sub Type
- Duplex
- Stories
- Three Or More Levels
Property Description
Fully renovated San Pedro duplex at 658 W. Sepulveda St. This two-unit property was stripped down to the studs and rebuilt in 2022, including a reinforced foundation, new windows, electrical, plumbing, drains, mini-split AC systems, a new roof, and new flooring throughout. It currently generates $6,505 per month in strong cash flow with tenants paying all utilities, keeping owner operating costs low. The property delivers an approximate 11.9 GRM and an estimated 5.0–5.4% cap rate based on current income. Drought-tolerant landscaping makes upkeep easy and maintenance low. The existing two-car garage offers excellent potential to convert into an ADU for additional rental income. With modern systems, solid rents, and a convenient location near San Pedro’s ongoing waterfront revitalization, this turnkey duplex is an ideal addition to any investment portfolio. Note: Photos were taken before tenants moved into the units and are for illustration purposes only.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Asphalt
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $78,060
- Operating Expense
- 13173
Listing courtesy of Listing Agent: Hung-Kun Ma (hung.ma.realtor@gmail.com) from Listing Office: Century 21 Coastal Properties.
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