578 W Oliver, San Pedro, CA 90731
Local realty services provided by:ERA North Orange County Real Estate
Listed by: carol anne mills
Office: keller williams realty310-519-1080
MLS#:SB26011242
Source:CRMLS
Price summary
- Price:$645,000
- Price per sq. ft.:$397.17
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.
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....
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Home facts
- Year built:1925
- Listing ID #:SB26011242
- Added:360 day(s) ago
- Updated:May 15, 2026 at 07:39 AM
Rooms and interior
- Living area:1,624 sq. ft.
Structure and exterior
- Year built:1925
- Building area:1,624 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Yard
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$645,000
- Price per sq. ft.:$397.17
Features and amenities
- Laundry features:Inside
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