622 W Oliver Street San Pedro, CA 90731

4 Beds
2 Baths
1,581 Sqft
6,155 Sqft lot
0.14 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1926
Days on Website: 87

Property listed by Harcourts Prime Properties, Kara Welliver 949-391-5585

Description

REDUCED PRICE~~~ Opportunity for owner occupant or investor. Duplex (2 units) or convert back to a single family residence. Financing with only 5% down payment possible based on new Fannie Mae guidelines for 2-4 unit properties. The property will also qualify for FHA 3.5% down payment loans.~~~~ The duplex was converted from a single family residence with permits in 2018 and could be converted back to a SFR. Updated in 2018 including a new roof, plumbing and electrical. It boasts two separate units (upper 878 s/f and lower 703 s/f) each equipped with two bedrooms and one bathroom. With a large lot boasting spacious front and back yards, there's also potential to expand and add more units or garages onto the property. This duplex offers a great location close to the 110 Freeway and Vincent Thomas Bridge–making it an ideal place for commute into Los Angeles. ~~~ Incredible opportunity to purchase in the booming San Pedro market place where there are multiple commercial developments in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harbor-side destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California.~~~ Owner will consider closing cost credit. Previously appraised at $828,000.~~~ Lower unit now vacant.

Open House

Property Details and Features

  • SumpPump
  • 1 main level bathroom
  • 2 full bathrooms
  • 2 total bathrooms
  • 2 main level bedrooms
  • 4 total bedrooms
  • Built in 1926
  • Levels: Two
  • Living area: 1581
  • 2 stories
  • Architectural style: Traditional,Attached
  • Common walls: Item1CommonWall
  • Curbs
  • Sidewalks
  • None
  • RainGutters
  • Block
  • ChainLink
  • Wood
  • None
  • Laminate
  • Tile
  • WallFurnace
  • None
  • ListingID: PW23219934
  • Standard status: Active
  • 84 days on market
  • Country: US
  • 0.1413 acres
  • 6,153 square feet
  • Size: 6,153
  • BackYard
  • FrontYard
  • 1 carport space
  • 4 open parking spaces
  • 5 totals parking
  • DetachedCarport
  • Driveway
  • Gated
  • OnSite
  • Paved
  • RVPotential
  • OneSpace
  • None
  • Zoning: LAR2
  • None
  • Composition
  • CarbonMonoxideDetectors
  • SmokeDetectors
  • PublicSewer
  • None
  • DoublePaneWindows
  • Screens