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328 N Centre Street

San Pedro, CA 90731
  • $965,000
  • STATUS: ACTIVE
  • ON SITE: 111 Days
  • ID#: DW25034301
UPDATED: 77 min ago
$965,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Occupy one unit and rent the other! In addition to the three bedrooms in each unit, there is a BONUS room with a closet that can easily be used as a 4th bedroom, increasing the potential for rental income. This extra room in each unit provides flexibility for tenants who need additional space, making it a great option for those who require a home office, den, or additional sleeping area. This property is an ideal choice for those looking to occupy one unit and rent the other or to those who want to complete a 1031 exchange or for investors seeking an excellent opportunity in a thriving market. Located just three blocks from the breathtaking 42-acre San Pedro waterfront promenade, this spacious duplex offers an incredible investment opportunity in one of the most desirable neighborhoods of San Pedro, California. Strolling distance from the scenic harbor, ships, an outdoor amphitheater, and the historic Red Car Train, this property is perfectly situated for both renters and investors alike. Within minutes, you'll find shopping, dining, and easy access to the freewaymaking it an ideal spot for tenants. This property boasts a stunning upstairs view of the picturesque Palos Verdes Hills, adding additional appeal for potential tenants seeking both comfort and convenience. Built in 1987 and not subject to rent control (as per the RSO website), this duplex presents an excellent opportunity to capitalize on San Pedro's strong rental market. The property consists of two spacious units, each with 3 bedrooms and 2.5 bathrooms, offering ample space for tenants. The large living rooms ar Occupy one unit and rent the other! In addition to the three bedrooms in each unit, there is a BONUS room with a closet that can easily be used as a 4th bedroom, increasing the potential for rental income. This extra room in each unit provides flexibility for tenants who need additional space, making it a great option for those who require a home office, den, or additional sleeping area. This property is an ideal choice for those looking to occupy one unit and rent the other or to those who want to complete a 1031 exchange or for investors seeking an excellent opportunity in a thriving market. Located just three blocks from the breathtaking 42-acre San Pedro waterfront promenade, this spacious duplex offers an incredible investment opportunity in one of the most desirable neighborhoods of San Pedro, California. Strolling distance from the scenic harbor, ships, an outdoor amphitheater, and the historic Red Car Train, this property is perfectly situated for both renters and investors alike. Within minutes, you'll find shopping, dining, and easy access to the freewaymaking it an ideal spot for tenants. This property boasts a stunning upstairs view of the picturesque Palos Verdes Hills, adding additional appeal for potential tenants seeking both comfort and convenience. Built in 1987 and not subject to rent control (as per the RSO website), this duplex presents an excellent opportunity to capitalize on San Pedro's strong rental market. The property consists of two spacious units, each with 3 bedrooms and 2.5 bathrooms, offering ample space for tenants. The large living rooms are incredibly spacious, with the potential to convert one of the living areas into a 4th bedroom, increasing the rental value. This flexibility makes it even more appealing for investors. Currently tenant-occupied and set to be delivered with tenants in place, this property promises ready cash flow with room for significant rental upside. With the strong demand for rental properties in San Pedro, this is an exceptional opportunity for anyone looking to generate immediate returns while holding onto a valuable asset with further potential for growth. This duplex has undergone several key updates in recent years, enhancing both its aesthetic appeal and functionality.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
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328 N Centre Street San Pedro, CA 90731

  • Price: $965,000
  • Status: ACTIVE
  • On Site: 111 Days
  • Updated: 77 min ago
  • ID#: DW25034301
6
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
San Pedro (90731)
County:
Los Angeles
Area:
San Pedro (90731)
Property Description
Occupy one unit and rent the other! In addition to the three bedrooms in each unit, there is a BONUS room with a closet that can easily be used as a 4th bedroom, increasing the potential for rental income. This extra room in each unit provides flexibility for tenants who need additional space, making it a great option for those who require a home office, den, or additional sleeping area. This property is an ideal choice for those looking to occupy one unit and rent the other or to those who want to complete a 1031 exchange or for investors seeking an excellent opportunity in a thriving market. Located just three blocks from the breathtaking 42-acre San Pedro waterfront promenade, this spacious duplex offers an incredible investment opportunity in one of the most desirable neighborhoods of San Pedro, California. Strolling distance from the scenic harbor, ships, an outdoor amphitheater, and the historic Red Car Train, this property is perfectly situated for both renters and investors alike. Within minutes, you'll find shopping, dining, and easy access to the freewaymaking it an ideal spot for tenants. This property boasts a stunning upstairs view of the picturesque Palos Verdes Hills, adding additional appeal for potential tenants seeking both comfort and convenience. Built in 1987 and not subject to rent control (as per the RSO website), this duplex presents an excellent opportunity to capitalize on San Pedro's strong rental market. The property consists of two spacious units, each with 3 bedrooms and 2.5 bathrooms, offering ample space for tenants. The large living rooms ar Occupy one unit and rent the other! In addition to the three bedrooms in each unit, there is a BONUS room with a closet that can easily be used as a 4th bedroom, increasing the potential for rental income. This extra room in each unit provides flexibility for tenants who need additional space, making it a great option for those who require a home office, den, or additional sleeping area. This property is an ideal choice for those looking to occupy one unit and rent the other or to those who want to complete a 1031 exchange or for investors seeking an excellent opportunity in a thriving market. Located just three blocks from the breathtaking 42-acre San Pedro waterfront promenade, this spacious duplex offers an incredible investment opportunity in one of the most desirable neighborhoods of San Pedro, California. Strolling distance from the scenic harbor, ships, an outdoor amphitheater, and the historic Red Car Train, this property is perfectly situated for both renters and investors alike. Within minutes, you'll find shopping, dining, and easy access to the freewaymaking it an ideal spot for tenants. This property boasts a stunning upstairs view of the picturesque Palos Verdes Hills, adding additional appeal for potential tenants seeking both comfort and convenience. Built in 1987 and not subject to rent control (as per the RSO website), this duplex presents an excellent opportunity to capitalize on San Pedro's strong rental market. The property consists of two spacious units, each with 3 bedrooms and 2.5 bathrooms, offering ample space for tenants. The large living rooms are incredibly spacious, with the potential to convert one of the living areas into a 4th bedroom, increasing the rental value. This flexibility makes it even more appealing for investors. Currently tenant-occupied and set to be delivered with tenants in place, this property promises ready cash flow with room for significant rental upside. With the strong demand for rental properties in San Pedro, this is an exceptional opportunity for anyone looking to generate immediate returns while holding onto a valuable asset with further potential for growth. This duplex has undergone several key updates in recent years, enhancing both its aesthetic appeal and functionality.
Exterior Features

Pool N/K

Interior Features

Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3

Property Features

Actual Cap Rate 3.69 Annual Expense Actual 18000 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 54972 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2249.0 Unit2 Rent Actual 2681.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Gabriela Ballesteros of Keller Williams Rlty Whittier: 909-282-7855. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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