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$645,000

For Sale

3 months ago

578 W Oliver St, San Pedro, CA

House

MLS® SB26011242

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 88
Lot Size 
Approx. Age 1925
MLS® Number SB26011242

Property Address: 578 W Oliver St, San Pedro, CA, 90731-2012

Average square foot calculated using Size range provided by listing agent.

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 Pedro’s already strong rental and ownership market. Opportunities like this are rare—get in early before others do.
MLS® NumberSB26011242
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$645,000List Price
  • Commute

Commute

Starting Address
Destination Address
578 W Oliver St, San Pedro, CA

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