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ActivePrice Reduced 110 days on market

578 W Oliver

San Pedro, CA 90731

$645,000

$675,000

578 W Oliver
578 W Oliver photo 2
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+19 more
Beds
Baths
Sq Ft
0.12Acres
1925Built

About This Home

Exceptional opportunity to own the lowest-priced income property currently available in San Pedro. This unique property functions as two essentially stand-alone houses on one lot, each with its own private entrance. One unit is accessed from the street, while the second is accessed from the alley, offering excellent separation and privacy. Owner-Occupant Opportunity: Ideal for a buyer looking to live in one unit while renting out the second. The separate entrances provide privacy, and the rental income can help offset the monthly mortgage, making this an attractive option for an owner-user seeking flexibility and affordability. Investor Opportunity: A strong entry-level investment in San Pedro with two separate dwelling units on one lot. With below-market pricing and future upside potential, this property offers a compelling opportunity for investors looking to improve operations, address deferred maintenance, and increase long-term returns. Located near the Port of Los Angeles, with a major new port-related development scheduled to open this year. This project is expected to bring additional jobs, increased economic activity, entertainment attractions for visitors, and continued investment to the area, further driving demand for housing and adding long-term upside to San Pedro’s already strong rental and ownership market. Opportunities like this are rare—get in early before others do.

Property Details

Property TypeDuplex
Year Built1925
Lot Size0.12 acres
Garage Spaces0
Parking Total0
PoolNo
MLS #1151170927
Days on Market110 days

Location

Listed by

Carol Anne Mills

Keller Williams Realty

MLS# SBMILLCAR

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.