Property Detail

524 2nd

San Pedro CA 90731

$925,000

Status: Active

Property Details

Description

Charming two-unit property offering a rare opportunity to live in one home while the other helps offset your mortgage. The property features two separate, stand-alone 2BD/1BA homes on a 5,000 SF lot in desirable San Pedro, providing privacy not typically found in duplexes. One unit will be delivered vacant and fully renovated, complete with high-end appliances, in-unit washer and dryer, tankless water heater, and its own private garage and driveway, making it ideal for an owner-occupant or immediate rental at market rates. The second unit is in excellent condition and currently rented for $1,491/month, offering stable in-place income from day one. Built in 1964, the property combines solid construction with long-term value and flexible owner-occupied financing options, all in a prime location near Downtown San Pedro, the LA Waterfront, and the West Harbor redevelopment—an ideal setup for homeowners seeking comfort, income, and future upside.

Map Location

Listing provided courtesy of Olga Wright of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-02-17 09:21:37.000000. Listing information © 2025 CRMLS.

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