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Exceptional opportunity to own the lowest-priced income property currently available in San Pedro. This unique property functions as two essentially stand-alone houses on one lot, each with its own private entrance. One unit is accessed from the street, while the second is accessed from the alley, offering excellent separation and privacy.
The property generates approximately $41,700 in annual gross rental income. Annual operating expenses, including new property taxes, are approximately $13,100, allowing buyers to determine their own net return based on individual operating assumptions.
Owner-Occupant Opportunity:
Ideal for a buyer looking to live in one unit while renting out the second. The separate entrances provide privacy, and the rental income can help offset the monthly mortgage, making this an attractive option for an owner-user seeking flexibility and affordability.
Investor Opportunity:
A strong entry-level investment in San Pedro with two separate dwelling units on one lot. With below-market pricing and future upside potential, this property offers a compelling opportunity for investors looking to improve operations, address deferred maintenance, and increase long-term returns.
Located near the Port of Los Angeles, with a major new port-related development scheduled to open this year. This project is expected to bring additional jobs, increased economic activity, entertainment attractions for visitors, and continued investment to the area, further driving demand for housing and adding long-term upside to San Pedro’s already strong rental and ownership market.
Opportunities like this are rare—get in early before others do.
The income description goes here to explain
| List Price | $675,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7448027021 |
| MLS # | SB26011242 |
| Property ID | 322516980 |
| Lot Sqft | 5,182 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 48 |
| Original List Price | $675,000 |
| Date Updated | February 15, 2026 |
| Date Created | January 16, 2026 |
Carol Anne Mills an agent of . Lic #01336814
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 15, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT