524 W 2nd
San Pedro, CA 90731
4
Bed
2
Bath
5,000Sqft(Lot)
Excellent San Pedro investment opportunity featuring two detached 2-bedroom/1-bath homes on a 5,000 SF lot. Each unit has its own garage, providing privacy and strong tenant appeal. One unit was recently fully renovated with high-end finishes and rented for $2,795 per month, while the second is occupied by a long-term tenant paying $1,491 per month, offering stable income with significant rental upside. Both homes are in excellent condition and include tankless water heaters, washer / dryer hookups, private yards... Ideally located near Downtown San Pedro, the LA Waterfront, and the West Harbor development in a high-demand coastal rental market with limited multifamily inventory.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1964Building Area Total: 1670Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5000 Lot Size Acres: 0.1148 Lot Size Source: Assessor Lot Size Square Feet: 5,000 Lot Description: Paved
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Listing Price Information
Listing Price: $759000Original Price: $798000CashToNewLoan
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Tax Information
Parcel Number: 7451008025 Tax Lot: 24 Tax Block: 2
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Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: East of S Gaffey Ave WaterSource: Public
How much is this property worth?
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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 | 5 | -- | 5,000 Sq. Ft |
| 233 W Oliver Street, San Pedro, CA, 90731 | $1,100,000 | 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 |
| 256 W 14th, San Pedro, CA, 90731 | $785,000 | 4 | 3 | 1,554 | 4,809 Sq. Ft |
| 338 W 9th Street, San Pedro, CA, 90731 | $909,000 | 6 | 3 | 2,766 | 5,003 Sq. Ft |
| 362 W 11th, San Pedro, CA, 90731 | $754,000 | 4 | 2 | -- | 5,005 Sq. Ft |
| 622 W 2nd Street, San Pedro, CA, 90731 | $825,000 | 3 | 2 | -- | 4,998 Sq. Ft |
Similar Multifamily To 524 W 2nd
Nearby For Sale
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ByOwner last updated this listing 09/15/2026 @ 19:49
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