622 W Oliver Street, San Pedro, CA 90731

$799,990
4
BD
2
BA
1,581
SqFt
List Price
$799,990
Price Change
▼ $39,010 1702423831
Status
ACTIVE
MLS#
PW23219934
Year Built
1926
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,581
Lot Size
6,153
Acres
0.14
Lot Location
Back Yard, Front Yard
Days on Market
93
Property Type
Single Family Residential
Style
Bungalow, Craftsman, Traditional
Property Sub Type
Duplex
Stories
Two Levels

Property 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.~~~Increased rent as of April 1, 2024.

Additional Information

Appliances
Gas Oven, Refrigerator, Sump Pump
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Kara Welliver (kara.welliver@harcourtsprime.com) from Listing Office: Harcourts Prime Properties.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.