624 W 26th, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Residential Income Duplex is a strategic Value-Add Opportunity listed at $799,000, located in a high-demand rental corridor near the West Harbor development. While the $695,732 Fair Market Value indicates a premium, the asset offers significant upside via a Condition Rating of 5 and a 5,370-square-foot lot with ADU Potential. Featuring a Deck and Patio, and delivered with one vacant unit near Top-Rated Schools like Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10), this is an ideal acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 624 W 26th Subject | $785,000* List Price | 0 | 0 | 1,854 | $380 | - |
A 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 1.0 mi |
B 2617 S Pacific Avenue A Sold | $780,000 | 0 | 0 | 1,480 | $527 | 0.1 mi |
C 623 W 18th Street Sold | $910,000 | 5 | 4 | 2,197 | $414 | 0.5 mi |
D 1939 South Alma Street Sold | $799,000 | 0 | 0 | 1,520 | $526 | 0.6 mi |
E 645 W 21st Active | $729,000 List Price | 0 | 0 | 1,584 | $460 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this duplex shows significant signs of deferred maintenance, including peeling exterior paint and aging window units. The listing description explicitly states the property is 'priced for its condition' and represents a 'value-add' opportunity, which in real estate terms indicates a need for substantial rehabilitation. The absence of interior photos of the kitchens and bathrooms further suggests these areas are likely in poor or original condition and require full modernization.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
One unit will be delivered vacant, providing immediate flexibility for an owner-occupant to move in or for an investor to renovate and lease at current market rates.
Situated in a strong rental corridor near the expanding LA Waterfront and West Harbor development, ensuring long-term demand and potential for significant appreciation.
The property is priced according to its current condition, indicating that significant capital expenditures may be required for repairs and modernization.
Originally built in 1948, the duplex likely requires updates to major systems to meet modern standards and improve overall efficiency.
Value-Add Duplex in a Prime San Pedro Rental Corridor Opportunity in one of San Pedro’s strongest and most consistent rental corridors. This duplex is priced for its current condition and presents a clear path to upside for both owner-occupants and investors who understand how to unlock value. One unit will be delivered vacant, creating immediate flexibility. Move in and offset your mortgage with rental income. Renovate and reposition the asset. Or lease at market rent and stabilize cash flow from day one. The second unit provides in-place income in a high-demand rental pocket with historically strong occupancy. The lot offers additional potential, including the ability to explore ADU development for expanded income streams or multigenerational living (buyer to verify). For those thinking long-term, this is the kind of property where small improvements can materially shift both rents and overall valuation. Positioned near the rapidly evolving LA Waterfront, the property benefits from proximity to Cabrillo Beach, Point Fermin Park, the Korean Bell of Friendship, and the Battleship USS Iowa Museum. It also sits just minutes from the highly anticipated West Harbor development, a transformative project bringing dining, retail, and entertainment to the waterfront. This is not a turnkey property. It’s better. It’s an opportunity to step into a market with momentum and create your own equity.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-6 • 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 | 1,854 | 2,251 | 35% |
| Lot Size | 5,370 | 5,002 | 57% |
| Price | $785.0K | $930.0K | 14% |
| Price per sq ft | $423 | $417 | 51% |
| Built year | 1948 | 1946 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 214 | 5% |
May 14, 2026
$785,000
$775,000
+1% Price Increase
Initial Listing
Apr 26, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Mar 28, 2026
$799,000
Initial Listing