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Listed by Ante Perkov • Realion Real Estate
$ 775,000
Est. payment /mo
Active Under Contract
624 West 26th San Pedro, CA 90731
1,854 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,854 sqft
Price per Sqft $418
MLS Listing ID SB-26067179
Year Built 1948
Lot Size 5,370 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Value-Add Duplex in a Prime San Pedro Rental Corridor
Opportunity in one of San Pedro's 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. It's better. It's an opportunity to step into a market with momentum and create your own equity.
Opportunity in one of San Pedro's 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. It's better. It's an opportunity to step into a market with momentum and create your own equity.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Fireplaces Type None
Laundry In Kitchen
Exterior
Garage Spaces 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Suburban, Watersports
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://ranchophotos.com/mls/624-w-26th-st/
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