San Pedro, CA 90731,578 W Oliver
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San Pedro, CA 90731,578 W Oliver
San Pedro, CA 90731,578 W Oliver
San Pedro, CA 90731,578 W Oliver
San Pedro, CA 90731,578 W Oliver
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Sylvia Lange

Sylvia Lange

+1(619) 226-6622
$ 675,000
Est. payment /mo
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Active

578 W Oliver San Pedro, CA 90731

4 Beds

2 Baths

5,182 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26011242

Bedrooms 4

Lot Size 5,182 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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. The property generates approximately $41,700 in annual gross rental income. Annual operating expenses, including new property taxes, are approximately $13,100, allowing buyers to determine their own net return based on individual operating assumptions. 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 Pedros already strong rental and ownership market. Opp

Location

State CA

County Los Angeles

Zoning Assessor

Direction Below Gaffey Above Pacific

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7448027021

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://bow-los-angeles.aryeo.com/sites/578-w-oliver-st-los-angeles-ca-90731-21528703/branded

MLS Router / San Diego MLS
Listed by Carol Anne Mills Keller Williams Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Mira Catalina Elementary School

    Public | KG - 5

  • 8

    White Point Elementary School

    Public | KG - 5

  • 8

    Park Western Place Elementary

    Public | PK - 5

  • 8

    Taper Avenue Elementary

    Public | KG - 5

  • 7

    South Shores Magnet School

    Public | 1 - 5

  • 7

    Point Fermin Elementary School

    Public | KG - 5

  • 7

    Harry Bridges Span School

    Public | KG - 8

  • 6

    Eshelman Avenue Elementary School

    Public | 1 - 5

  • 5

    Bandini Street Elementary

    Public | KG - 6

  • 5

    15th Street Elementary School

    Public | KG - 5

  • 5

    Gulf Avenue Elementary

    Public | KG - 5

  • 4

    Crestwood Street Elementary

    Public | KG - 5

  • 4

    Leland Street Elementary

    Public | KG - 6

  • 4

    Fries Avenue Elementary

    Public | KG - 5

  • 3

    7th Street School

    Public | KG - 5

  • 3

    Cabrillo Avenue Elementary School

    Public | KG - 5

  • 3

    Wilmington Park Elementary

    Public | PK - 5

  • 2

    Barton Hill Elementary School

    Public | PK - 6

  • 2

    Hawaiian Avenue Elementary & Magnet Center

    Public | KG - 5

  • 1

    George De La Torre Jr. Elementary School

    Public | PK - 5

Middle Schools 6
  • 8

    Miraleste Intermediate School

    Public | 6 - 8

  • 8

    Dodson Middle School

    Public | 6 - 8

  • 6

    Fleming Middle School

    Public | 6 - 8

  • 2

    Dana Middle School

    Public | 6 - 8

  • 0

    Rolling Hills Preparatory School

    Private | 6 - 12

  • 0

    William J. Johnston Community Day

    Public | 7 - 12

High Schools 5
  • 9

    Harbor Teacher Preparation Academy

    Public | 9 - 12

  • 8

    Port of los Angeles High School

    Public | 9 - 12

  • 5

    San Pedro High School

    Public | 9 - 12

  • 0

    Angel's Gate (Continuation)

    Public | 9 - 12

  • 0

    Avalon High School

    Public | 9 - 12

School and business data provided by Attom Data.
Sylvia Lange

Sylvia Lange

Agent | License ID: 02022390

+1(619) 226-6622

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578 W Oliver