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Duplex at 776 W 1st
$860,000
776 W 1st
San Pedro, Los Angeles, 90731
Duplex · 2 units
Active · 1 days on market

Deal numbers

Est. cap rate
3.7%
Assumed rent, all units
$5,340/mo
Units
2
Price per unit
$430,000
Est. annual NOI
$32,040
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
$60,876
Operating expenses
$30,438
Net operating income
$30,438
Annual debt service
$51,494
Annual cash flow
-$21,056
Cash on cash return
-9.8%
Down payment
$215,000

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
4
Bathrooms
3
Building size
1,835 sqft
Lot size
6,251 sqft
Year built
1940
Stories
1
Garage spaces
3
Style
Ranch
Cooling
None
Pool
None
View
Neighborhood
Status
Active
Days on market
1
MLS #
247443918

About this property

Charming Vista Del Oro Multi-Unit – Amazing Multi generational Layout & Premier Investment Opportunity!Welcome to this fantastic real estate opportunity in the highly sought-after Vista Del Oro neighborhood of San Pedro. Offering two distinct homes on one lot, this property is a premier investment opportunity for a savvy investor looking for steady rental income, or a family wanting to live in one unit while renting out the other to significantly offset their mortgage. The Main House (1,381 Sq. Ft.)The front residence is a welcoming 3-bedroom, 2-bathroom home that showcases original hardwood floors. The layout features a recently remodeled kitchen within the last several months and upgraded bathrooms about a year ago, along with fresh interior paint throughout about a year ago. It is clean, functional, and ready for you to move right in. The Detached Back Unit (454 Sq. Ft.) Completely separate from the front home, the cozy 1-bedroom, 1-bathroom back unit is a major asset for maximizing your rental yield or keeping extended family close. It includes its own living room, full kitchen, and bathroom—making it the perfect independent space for grandparents, adult children, or a long-term tenant. Within the past year, both units received: Brand new roofs Fresh exterior paint and new stucco. Outdoor Space & Entertaining, there is an impressive amount of outdoor space on this lot. With a large front yard, a generous side yard, and a pleasant backyard, you have plenty of room to host family gatherings, weekend barbecues, or space for pets and kids to play with a new wood fence all the way around the property. The Location Situated in a highly convenient pocket of San Pedro, you are just minutes away from local grocery stores, shops, restaurants, and nightlife, giving you easy access to everything you need.

Location

776 W 1st

San Pedro, Los Angeles, CA, 90731

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

776 W 1st, San Pedro CA | Multifamily for Sale