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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.
Property Type(s):
Residential Income
| Last Updated | 7/27/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | 181 - Point Fermin | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Apr 23, '26 | $799,000 |
|---|---|
| Apr 23, '26 - May 13, '26 | $775,000 |
| May 13, '26 - Jul 1, '26 | $785,000 |
| Jul 1, '26 - Jul 27, '26 | $775,000 |
| Jul 27, '26 - Today | $749,000 |
Additional Details
| AREA | 181 - Point Fermin |
|---|---|
| GARAGE | Yes |
| LOT | 5371 sq ft |
| LOT DIMENSIONS | 5370 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Realion Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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