New Listing
364 W Ofarrell Street,San Pedro, CA 90731
San Pedro, CA 90731
Description
San Pedro Investment Opportunity - Two Detached Homes on One Lot! Excellent opportunity for investors, contractors, and buyers looking to add value in an established San Pedro neighborhood! Situated on a 5,002 square foot lot, this property features two separate, detached residences, offering flexibility and potential for multiple income streams. The front home consists of 3 bedrooms and 1 bathroom, while the rear home offers 1 bedroom and 1 bathroom. Both residences are in need of renovation, presenting an opportunity for an experienced buyer to restore, improve, and reposition the property for long-term rental income or resale. The detached configuration provides added separation between the residences, making this an attractive investment opportunity for those seeking to maximize the property's potential. The location adds further appeal, with convenient access to Downtown San Pedro's restaurants, shops, and galleries, the LA Waterfront, the Port of Los Angeles, and popular coastal destinations including Cabrillo Beach and Point Fermin Park. With two detached homes on one lot and substantial room for improvement, this property presents a compelling value-add opportunity for an investor looking to establish or expand a rental portfolio in San Pedro.
Details
| MLS # | OC26217806 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 4 |
| Listing Provided By | Fiduciary Real Estate Services | Teresa Gorman |
Features
| SQ Feet | 1,640 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 3 |
| Acreage | 0.11 |
Exterior
| Lot Features | Back Yard, Front Yard, Rectangular Lot |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Unknown |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 189 Barton Hill |
| Listing VS Median (in 90731) | |
Price: $625,000 low | high Med: $1,099,000 sqft: 1,640 low | high Med: 3,410 $ / sqft: $381 low | high Med: $322 On site: 4 low | high Med: 19 | |
Market Activity 90731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 189 Barton Hill |
| Listing VS Median (in 90731) | |
Price: $625,000 low | high Med: $1,099,000 sqft: 1,640 low | high Med: 3,410 $ / sqft: $381 low | high Med: $322 On site: 4 low | high Med: 19 | |
