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Listed by Hung-Kun Ma, DRE #02052734 • Century 21 Coastal Properties
$ 930,000
Est. payment /mo
New
658 W Sepulveda San Pedro, CA 90731
5,002 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26212522
Style Craftsman
Year Built 1900
Lot Size 5,002 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Fully renovated San Pedro duplex at 658 W. Sepulveda St. This two-unit property was stripped down to the studs and rebuilt in 2022, including a reinforced foundation, new windows, electrical, plumbing, drains, mini-split AC systems, a new roof, and new flooring throughout. It currently generates $6,505 per month in strong cash flow with tenants paying all utilities, keeping owner operating costs low. The property delivers an approximate 11.9 GRM and an estimated 5.0-5.4% cap rate based on current income. Drought-tolerant landscaping makes upkeep easy and maintenance low. The existing two-car garage offers excellent potential to convert into an ADU for additional rental income. With modern systems, solid rents, and a convenient location near San Pedro's ongoing waterfront revitalization, this turnkey duplex is an ideal addition to any investment portfolio. Note: Photos were taken before tenants moved into the units and are for illustration purposes only.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Interior
Cooling Window / Wall Unit
Laundry Gas Hookup, 30
Exterior
Parking Features Gate / Door Opener
Garage Spaces 2.0
Pool None
Roof Type 2
Building
Story Three or More Stories
Water District - Public
Architectural Style Craftsman
Others
Tax ID 7448030021
Special Listing Condition Not Applicable
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