628 W 22nd

San Pedro, CA 90731
  • $875,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,335

    SqFt
  • 0.11

    Acre

About the Listing SB1390398 - SDIANBRO

***SELLER MOTIVATED - OPEN TO ALL OFFERS AND TERMS + 4.375% RATE BUYDOWN AVAILABLE*** --> $25K REDUCTION! <-- PRIME TURNKEY COASTAL DUPLEX | PROVEN SHORT-TERM RENTAL (STR) INCOME & MASSIVE MARKET RENT UPSIDE. Attention Investors: Capitalize on a rare, high-yield opportunity in the direct path of progress. Zero deferred maintenance, this property offers flexible, high-ROI strategies: Established STR operation, or pivot to long-term tenants to capture upside in today's market rents. *** PROVEN INCOME & UPSIDE: This duplex boasts a highly successful, established 5-star multi-channel STR presence, offering a lucrative short-term or mid-term rental strategy right out of the gate with zero ramp-up time. Both units have been renovated to a standard that commands top-tier, premium MARKET RENTS with massive upside potential to maximize your monthly cash flow well beyond standard pro-forma projections. *** THE ASSET: The Front Unit (2 Bed / 1 Bath) is designed for maximum return, featuring bespoke premium finishes, a stunning spa-inspired bathroom with a clawfoot tub, a cozy fireplace, and a massive Chef's Kitchen with a center island, ample cabinetry, a 6-burner stove with center grille, and dual ovens. The bedrooms are separated for maximum privacy. Rear Unit (1 Bed / 1 Bath + Bonus Room) features its own fireplace and direct access to the hardscape, backyard/patio area. The bonus room offers flexibility for a home office, making it highly attractive to remote-working tenants or higher-paying corporate rentals. *** VALUE-ADD ADU POTENTIAL: The property includes a THREE-CAR GARAGE, offering incredible potential for an ADU (Accessory Dwelling Unit) conversion. This is a prime opportunity to increase unit density, add a 3rd income stream, and significantly boost your overall CAP rate. The exterior grounds in front feature mature landscaping with an abundance of fruit trees (grapefruit, kumquat, lemon, cherry), adding significant curb appeal that keeps vacancy low and guest ratings high. *** THE APPRECIATION CATALYST: This duplex puts you right in the center of San Pedro's massive Waterfront renovation, with the highly anticipated West Harbor development. This billion-dollar project is driving explosive tenant demand and rapid property appreciation. Your tenants or guests will enjoy ultimate accessibility to artisan coffee shops, renowned seafood dining, boutiques, coastal nightlife, and major freeways. Fully immersive 3D walkthrough + FLOORPLAN is available.

Listing Highlights for 628 W 22nd

Status Active
Days on Site 214
Property Type Multi-Family
MLS ® SB26052642
Year Built 1921
Total Square Footage 1,335
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces: Living Room
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,Back Yard,Front Yard,Lawn,Landscaped,Level,Rectangular Lot,Street Level,Yard,No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7462029019
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

628 W 22nd San Pedro, CA 90731

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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