424 W 2nd Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
ACTIVE$1,750,000
424 W 2nd Street, San Pedro, California 90731
0Bed
0Bath
4,923Sqft
5,001Lot
Year Built
2017
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
PW25170951
Home ConditionGood
Features
Good View:
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.75M(95th), sqft - 4923(93th), beds - undefined(50th), baths - undefined(50th).
BUILT IN 2017, THIS TURNKEY DUPLEX IS NOT SUBJECT TO RENT CONTROL!! A MASSIVE DUPLEX FEATURING TWO UNITS - ONE WITH 5 BEDROOMS, 3 BATHS AND THE OTHER WITH 4 BEDROOMS, 3 BATHS WITH 6 (SIX!) TOTAL PARKING SPACES. LOCATED IN THE UP AND COMING NEIGHBORHOOD OF SAN PEDRO, STEPS AWAY FROM THE WEST HARBOR DEVELOPMENT (WWW.WESTHARBORLA.COM), A 42 ACRE WATERFRONTDISTRICT WITH AN OUTDOOR AMPHITHEATER AND UPSCALE SHOPPING, DINING, AND HOTELS. THIS PROPERTY HAS SCENIC VIEWS OF THE OCEAN AND THE HARBOR. BOTH UNITS ARE LEASED. THIS IS A SOLID PROPERTY FOR INVESTORS.
Nearby schools
2/10
Barton Hill Elementary School
Public,•K-6•0.3mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.6mi
5/10
Bandini Street Elementary School
Public,•K-6•0.8mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.8mi
9/10
Park Western Place Elementary School
Public,•K-5•1.3mi
4/10
Seventh Street Elementary School
Public,•K-5•1.5mi
5/10
Leland Street Elementary School
Public,•K-6•1.5mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.5mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.6mi
7/10
White Point Elementary School
Public,•K-6•2.2mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.3mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.5mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.8mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.5mi
6/10
Harbor City Elementary School
Public,•K-5•3.7mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.0mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.3mi
8/10
Miraleste Intermediate School
Public,•6-8•2.4mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.8mi
4/10
Hudson K-8
Public,•K-8•5.5mi
6/10
San Pedro Senior High School
Public,•9-12•1.1mi
5/10
Phineas Banning Senior High School
Public,•9-12•3.8mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.4mi
3/10
Cabrillo High School
Public,•9-12•5.4mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.7mi
8/10
Palos Verdes High School
Public,•9-12•8.1mi
Price History
Date
Event
Price
07/30/25
$1,750,000
07/25/24
Sold
$1,550,000
05/09/23
Sold
$1,120,000
03/19/18
Sold
$950,000
05/18/16
Sold
$190,000
Condition Rating
Good
The property was built in 2017, so it's relatively new. The images show modern kitchens and bathrooms with updated fixtures and finishes. The overall condition appears to be well-maintained and move-in ready, justifying a 'good' condition score.
Pros & Cons
Pros
Newer Construction: Built in 2017, the property offers modern construction and potentially lower maintenance costs compared to older buildings.
Income Potential: As a duplex with both units currently leased, the property provides immediate rental income for investors.
No Rent Control: The property is not subject to rent control, offering flexibility in setting rental rates and maximizing income.
Large Units: The duplex features spacious units with 5 bedrooms/3 baths and 4 bedrooms/3 baths, appealing to larger families or tenants seeking ample space.
Prime Location: Located in the up-and-coming San Pedro neighborhood, the property is near the West Harbor development, offering future potential for increased property value and tenant demand.
Cons
Price Point: The list price of $1,750,000 may be a barrier to entry for some investors, requiring significant capital or financing.
Limited Information: The listing lacks detailed information about the current lease terms, rental income, and operating expenses, making it difficult to assess the property's profitability without further investigation.
Competition: The 'up-and-coming' nature of the neighborhood may attract other investors and developers, potentially increasing competition for tenants and driving up property values.