Property Detail

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.