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$ 930,000
Est. payment | /mo
5 Beds
3 Baths
5,002 Sqft Lot
$ 930,000
Est. payment | /mo
5 Beds
3 Baths
5,002 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26212522
Bedrooms 5
Lot Size 5,002 Sqft
Property Sub-Type Res Income 2-4 Units
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 5.05.4% 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 Pedros 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
Zoning Public Rec
Direction North on Gaffey St, turn right on Sepulveda St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 7448030021
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Hung-Kun Ma, DRE#02052734 Century 21 Coastal Properties
Nearby Locations
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