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Duplex at 356 W 14th
$788,000
356 W 14th
San Pedro, Los Angeles, 90731
Duplex · 2 units
Active · 16 days on market

Deal numbers

Est. cap rate
3.3%
Assumed rent, all units
$4,280/mo
Units
2
Price per unit
$394,000
Est. annual NOI
$25,680
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$48,792
Operating expenses
$24,396
Net operating income
$24,396
Annual debt service
$47,183
Annual cash flow
-$22,787
Cash on cash return
-11.6%
Down payment
$197,000

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
2
Building size
1,058 sqft
Lot size
4,810 sqft
Year built
1910
Stories
1
Garage spaces
2
Cooling
None
Pool
None
Status
Active
Days on market
16
MLS #
247279122

About this property

Location, location, location...and much more! This charming 1910 Craftsman-style duplex is the timeless vintage treasure you’ve been searching for. Situated just two blocks from the opening of San Pedro’s new waterfront destination, West Harbor, and the restored Ports O’ Call site, the area is poised to become even more desirable as the trending waterfront promenade now runs from Berth 77 Park to the new Berth 84 Park. The beautifully maintained duplex offers a unique blend of privacy, functionality, and historic charm. The spacious and charming 2-bedroom, 1-bath unit features a private entrance, custom front door, hardwood floors, with a new refrigerator and a new stove. The studio unit has been remodeled with new laminate floors, new tile, fresh paint, and convenient access to a laundry room with washer and dryer hook-ups. Enjoy thoughtfully designed, low-maintenance landscaping featuring California-native plants, natural cacti, and a pair of beautiful, fruit-bearing orange and lemon trees. The fully fenced property offers gated access, a generous private rear parking area with room for multiple vehicles or an RV, and two separate garages with convenient alley access. The detached garages pose an exciting possibility for a potential ADU conversion. This is a wonderful opportunity for an investor, owner-occupied buyer, or to accommodate a multi-generational household. Celebrate the timeless craftsmanship, historic character, and lasting potential of this rare 1910 Craftsman duplex, ideally positioned in a vibrant neighborhood just moments from the West Harbor!

Location

356 W 14th

San Pedro, Los Angeles, CA, 90731

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

356 W 14th, San Pedro CA | Multifamily for Sale