658 W Sepulveda Street
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.
Broker Details
Century 21 Union Realty (310) 371-6330
MLS ID: sbmahung State License Number: 02052734
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $930,000 |
| No. of Units: | 2 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Price per unit: | $465,000 |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-MRMLSCA-SB26212522
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