524 W 2nd Street, San Pedro, California 90731

Charming two-unit property offering a rare opportunity to live in one home while the other helps offset your mortgage. The property features two separate, stand-alone 2BD/1BA homes on a 5,000 SF lot in desirable San Pedro, providing privacy not typically found in duplexes. One unit will be delivered vacant and fully renovated, complete with high-end appliances, in-unit washer and dryer, tankless water heater, and its own private garage and driveway, making it ideal for an owner-occupant or immediate rental at market rates. The second unit is in excellent condition and currently rented for $1,491/month, offering stable in-place income from day one. Built in 1964, the property combines solid construction with long-term value and flexible owner-occupied financing options, all in a prime location near Downtown San Pedro, the LA Waterfront, and the West Harbor redevelopment—an ideal setup for homeowners seeking comfort, income, and future upside.