624 W 26th, San Pedro, CA 90731
624 W 26th, San Pedro, CA 90731
624 W 26th, San Pedro, CA 90731
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$775,000
Est. payment /mo
5,370 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB26067179

HOA Y/N No

Year Built 1948

Lot Size 5,370 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Los Angeles

Area 181 - Point Fermin

Interior

Fireplaces Type None

Fireplace No

Laundry In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Dog Park, Hiking, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7465010023

Acceptable Financing 1031 Exchange, Trust Conveyance

Listing Terms 1031 Exchange, Trust Conveyance

Special Listing Condition Standard, Trust

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Listed by Ante Perkov Realion Real Estate 310-780-9071, DRE #01090857

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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