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364 W Ofarrell Street

San Pedro, CA 90731
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Bed 4

Bed

Bath 2

Bath

SqFt5,002

Sqft(Lot)

San Pedro Investment Opportunity – Two Detached Homes on One Lot! Excellent opportunity for investors, contractors, and buyers looking to add value in an established San Pedro neighborhood! Situated on a 5,002 square foot lot, this property features two separate, detached residences, offering flexibility and potential for multiple income streams. The front home consists of 3 bedrooms and 1 bathroom, while the rear home offers 1 bedroom and 1 bathroom. Both residences are in need of renovation, presenting an opportunity for an experienced buyer to restore, improve, and reposition the property for long-term rental income or resale. The detached configuration provides added separation between the residences, making this an attractive investment opportunity for those seeking to maximize the pr operty's potential. The location adds further appeal, with convenient access to Downtown San Pedro's restaurants, shops, and galleries, the LA Waterfront, the Port of Los Angeles, and popular coastal destinations including Cabrillo Beach and Point Fermin Park. With two detached homes on one lot and substantial room for improvement, this property presents a compelling value-add opportunity for an investor looking to establish or expand a rental portfolio in San Pedro.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $625,000

AD Id : 91730789

MLS Id : OC26217806

Beds : 4

Lot Size : 5,002 Sq. Ft

Year Built : 1958

Garage : 1

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1958
    Building Area Total: 1640
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5002 Lot Size Acres: 0.1148 Lot Size Source: Assessor Lot Size Square Feet: 5,002 Lot Description: BackYard,FrontYard,RectangularLot

  • Listing Price Information

    Listing Price: $625000
    CashToNewLoan

  • Tax Information

    Parcel Number: 7449009022 Tax Lot: 22 Tax Block: 7

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: Off N. Mesa Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
364 W 15th, San Pedro, CA, 90731 $999,000 8 7 -- 5,001 Sq. Ft
734 W 27th, San Pedro, CA, 90731 $1,195,000 7 4 -- 5,000 Sq. Ft
233 W Oliver Street, San Pedro, CA, 90731 $995,000 8 4 -- 5,001 Sq. Ft
267 W Ofarrell Street, San Pedro, CA, 90731 $960,000 4 4 -- 4,950 Sq. Ft
240 N Mesa, San Pedro, CA, 90731 $950,000 8 6 -- 5,400 Sq. Ft
564 W Macarthur, San Pedro, CA, 90731 $1,145,000 7 4 -- 5,401 Sq. Ft
362 W 11th, San Pedro, CA, 90731 $739,900 4 2 -- 5,005 Sq. Ft
622 W 2nd Street, San Pedro, CA, 90731 $825,000 3 2 -- 4,998 Sq. Ft
524 W 2nd, San Pedro, CA, 90731 $759,000 4 2 -- 5,000 Sq. Ft
356 W 14th, San Pedro, CA, 90731 $788,000 3 2 -- 4,810 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 01:55

MLS: OC26217806 LISTED BY: Teresa Gorman, Fiduciary Real Estate Services 949-377-3737 SOURCE: CRMLS

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