Property listed by Cali Keys Realty, Sergio Scerra 310.977.8495
$875,000
Just Blocks from the Beach | Point Fermin Gem | Two Homes on One Lot
Welcome to the Point Fermin neighborhood of San Pedro—just a few blocks from the coastline and minutes from the exciting West Harbor redevelopment project. This unique property features two separate homes on one lot, offering incredible… Read More flexibility for investors, owner-users, or multigenerational living. The front home offers 2 bedrooms and 1 bathroom across approximately 1,132 sq ft, complete with in-unit laundry and dedicated parking. Currently tenant-occupied at $2,000/month, with tenants paying utilities. The rear unit is VACANT and move-in ready, presenting a rare opportunity for an owner to occupy or to lease at market rent. This two-story residence features 2 bedrooms and 2 bathrooms, along with an attached one-car garage. Estimated market rent is approximately $3,000/month, making this a strong income-producing asset. Enjoy coastal living just moments from the beach, local parks, dining, and the rapidly transforming waterfront. With significant upside potential and a prime location, this is an opportunity you don’t want to miss. Read Less
Listing Snapshot
Days Online
57
Last Updated
Property Type
Duplex
Lot Size
0.09 Acres
Year Built
1923
MLS Number
PW26070885
Additional Details
Building
Built in 1923, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Suburban
Cooling
None
Expenses
Insurance: $3,600, Licenses: $500
Fireplaces
LivingRoom
Garage
1 spaces
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $24,000, Gross ScheduledIncome: $24,000, Net Operating Income: $24,000
Laundry
Inside
Lot
0.0861 acres, ZeroToOneUnitAcre
Parking
2 open parking spaces, 3 total parking spaces, Assigned, Driveway
ElectricityConnected, NaturalGasConnected, SewerConnected, Water Source: Public, 2 separate electric meters, 2 separate gas meters, 2 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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