Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

2

Building size

1,635 sqft

Lot size

7,694 sqft

Year built

1953

Stories

1

Garage spaces

2

Style

Traditional

Heating

Forced Air,Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

1

MLS #

248397112

About this property

What if your next home could help pay for itself? With today's higher interest rates making homeownership more challenging, this exceptional property offers the opportunity to enjoy a beautiful home while generating rental income to help offset your mortgage payment. Its versatile layout also provides the perfect solution for multigenerational living, keeping family close while maintaining privacy and independence. Featuring 4 bedrooms and 3 bathrooms, the property includes a beautifully appointed 3-bedroom, 2-bath main residence and a completely self-contained 1-bedroom, 1-bath suite with its own private entrance. Currently utilized as a registered short-term rental, the suite has historically generated approx. $2,100 per month with the potential to generate even more income. Whether accommodating aging parents, adult children, extended family, or generating supplemental income, the possibilities are exceptional. The main residence features an inviting open-concept floor plan connecting the living, dining, and kitchen areas. Hardwood floors, a wood-burning fireplace, recessed lighting, and dramatic floor-to-ceiling windows create a warm, light-filled atmosphere. The remodeled kitchen features an oversized quartz island, striking blue tile backsplash, stainless steel appliances, and abundant cabinetry. Central heating and air conditioning, updated bathrooms, and a separate laundry room complete the home. The private suite offers a spacious bedroom, bathroom, living and dining areas, fully equipped kitchen, fireplace, and laundry facilities, creating a truly independent living environment. Step outside and discover an extraordinary backyard reminiscent of a private tropical retreat. Surrounded by mature palm trees, lush landscaping, and custom stonework, this expansive outdoor space features a charming fire pit gathering area and plenty of room for entertaining. Imagine creating your own resort-style oasis with a sparkling pool, outdoor kitchen, and multiple lounging and dining areas. And with the holidays just around the corner, there's still time to make this special property your own! Imagine welcoming family and friends, celebrating the season together, and creating lasting memories in a home designed for connection and independence. Combining comfort, flexibility, outdoor living, and income potential, this is more than a place to call home. It's an opportunity to make homeownership work for you.

Location

211 N Western Avenue

San Pedro, Los Angeles, CA, 90732