1152 W. 24th St., San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Turnkey Quadruplex is listed at $1,950,000, reflecting its premium turnkey status compared to its $1,783,418 Fair Market Value. Boasting a Meticulously Maintained Condition Rating, the property features three recently remodeled units and select Harbor Views. Investors benefit from the Exemption from LA Rent Stabilization (RSO) and proximity to the West Harbor Project, while the spacious 3-Bedroom Units and access to Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10) drive long-term demand. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack.
Property is move-in ready.
Built in 1979 but meticulously maintained and retro-fitted. Three of the four units have been recently remodeled, and the property is described as immaculate and move-in ready, fitting the 5-15 year renovation criteria for a well-maintained functional building.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
As a 1979 build, this property is exempt from the restrictive City of Los Angeles Rent Stabilization Ordinance (RSO), offering investors significantly more flexibility in rent adjustments and management compared to older local inventory.
The building features a desirable mix of large two- and three-bedroom units, with three out of four units recently remodeled, allowing for immediate market-rate leasing with minimal initial capital expenditure.
The garage utilizes tandem parking spaces for each unit, which can be a daily inconvenience for tenants and may slightly impact the property's competitiveness against buildings with side-by-side parking.
With a building size of nearly 5,000 square feet on a 5,403 square foot lot, there is very little usable common outdoor area or green space for tenants, which may be a drawback for those with pets or children.
Immaculate building, retro-fitted, and built in 1979. 1152 24th St is not subject to city of Los Angeles Rent Stabilization Ordinance. Buyer to verify state rent caps (5%+CPI) This gem consists of two 2 bedrooms 2 bathrooms and two 3 bedrooms 2 bathrooms. Some units have views. Each unit has 2 tandem parking spaces in garage and own water heaters. 3 of the 4 have been recently remodeled. This building is located in Vista del Oro, but is less than a mile from the new waterfront redevelopment (West Harbor Project). Close to many other restaurants, freeways, and Cabrillo Beach. This building has been meticulously maintained.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,978 | 2,425 | 97% |
| Lot Size | 5,403 | 5,009 | 56% |
| Price | $1.95M | $1.01M | 97% |
| Price per sq ft | $392 | $398 | 50% |
| Built year | 1979 | 1942 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 221 | 3% |
May 1, 2026
$1,950,000
Initial Listing