
San Pedro, California 90731
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $850,000—positioned well below the $791,432 Fair Market Value by -7%. While the property is currently priced above market, it offers significant long-term upside through its 5,012 sq ft lot and ADU expansion potential. Featuring a Condition Rating of 4, the asset includes recent exterior upgrades and a spacious patio. Located near top-rated schools like Taper Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 846 W 18th Subject | $850,000* List Price | 0 | 0 | 1,742 | $457 | - |
A 782 W 14th Street Sold | $665,000 | 0 | 0 | 1,664 | $400 | 0.3 mi |
B 782 W 14th Street Sold | $665,000 | 2 | 2 | 1,664 | $400 | 0.3 mi |
C 1625 S Mesa Sold | $850,000 | 0 | 0 | 1,991 | $427 | 0.6 mi |
D 3046 S Kerckhoff Sold | $830,000 | 0 | 0 | 1,900 | $437 | 0.9 mi |
E 1240 W 22nd St Sold | $930,000 | 4 | 2 | 1,792 | $519 | 0.6 mi |
F 1240 W 22nd St Sold | $930,000 | 0 | 0 | 1,792 | $519 | 0.6 mi |
G 732 W 12th Active | $749,000 List Price | 0 | 0 | 1,900 | $394 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is well-maintained but significantly dated. While recent capital improvements like exterior paint, gutters, and a new water heater have been completed, the interiors feature popcorn ceilings and older kitchens with laminate counters and aged appliances that require modernization.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The generous 5,012 sq ft lot and expansive backyard offer a rare opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU), mirroring successful redevelopment trends in the immediate neighborhood.
Significant recent upgrades, including fresh exterior paint, new gutters, and updated water heaters, minimize near-term capital expenditures and enhance the property's overall maintenance profile.
The shared two-car garage provides only one dedicated space per unit, which may be insufficient for modern tenants with multiple vehicles.
While long-term tenants offer stability, current rents may be below market value, potentially requiring a longer timeline to realize the property's full market-rate income potential.
Exceptional opportunity to acquire a pride-of-ownership duplex in the highly desirable Vista Del Oro neighborhood of San Pedro. Situated on a generous 5,012 sq ft lot, this well-maintained property features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,742 sq ft, offering an ideal blend of stable in-place income and long-term investment potential. Current ownership has completed numerous capital improvements, including fresh exterior paint, new gutters, iron security doors installed on back doors of both units, crawlspace security grates, updated bathroom flooring in Unit 846, and a new water heater for Unit 848, helping minimize near-term capital expenditures for future ownership. Both units are occupied by long-term tenants and feature functional floor plans, separate entrances, individual laundry hookups, and individual water heaters. The lower unit showcases beautiful hardwood flooring, a spacious living room, formal dining area, abundant natural light, and direct access to the backyard. A standout feature of the property is the expansive backyard, offering an uncommon amount of usable outdoor space for a duplex. The large yard, patio area, and mature landscaping create an inviting outdoor setting and may offer future expansion or ADU opportunities. The neighboring property’s recent addition of two accessory dwelling units (ADUs) reflects the area’s ongoing redevelopment and illustrates the possibilities within the immediate neighborhood. The property also includes a shared detached side-by-side two-car garage, providing one dedicated garage space for each unit. Ideally located near schools, parks, shopping, dining, the Gaffey Street corridor, and the exciting West Harbor waterfront redevelopment, this is an outstanding opportunity for investors, owner-occupants, or 1031 exchange buyers seeking a well-maintained duplex in one of San Pedro’s most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.3 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,742 | 2,854.929 |
| Lot Size | 5,012 | 5,420.5 |
| Price | $850.0K | $949.9K |
| Price per sq ft | $488 | $400 |
| Built year | 1948 | 1955 |
| HOA | $0 | $0 |
| Days on market | 43 | 76 |
Jul 28, 2026
$850,000
Initial Listing
Feb 1, 2000
$210,000
Public Record