364 W Ofarrell Street

Property Overview

San Pedro Investment Opportunity – Two Detached Homes on One Lot! Excellent opportunity for investors, contractors, and buyers looking to add value in an established San Pedro neighborhood! Situated on a 5,002 square foot lot, this property features two separate, detached residences, offering flexibility and potential for multiple income streams. The front home consists of 3 bedrooms and 1 bathroom, while the rear home offers 1 bedroom and 1 bathroom. Both residences are in need of renovation, presenting an opportunity for an experienced buyer to restore, improve, and reposition the property for long-term rental income or resale. The detached configuration provides added separation between the residences, making this an attractive investment opportunity for those seeking to maximize the property's potential. The location adds further appeal, with convenient access to Downtown San Pedro's restaurants, shops, and galleries, the LA Waterfront, the Port of Los Angeles, and popular coastal destinations including Cabrillo Beach and Point Fermin Park. With two detached homes on one lot and substantial room for improvement, this property presents a compelling value-add opportunity for an investor looking to establish or expand a rental portfolio in San Pedro.

Home Details

Property type: Residential Income - Duplex
Year built: 1958
Lot size: 5,002 sq ft
Parking: 1 spaces
Garage: 1 spaces
Stories: 1
Days on market: 2
MLS status: Active

Features & Amenities

Pool

None

Lot

Back Yard
Front Yard
Rectangular Lot

Community, Schools & Utilities

Utilities

Water: Public
Sewer: Unknown

Location & Neighborhood

San Pedro, CA 90731

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Frequently Asked Questions About 364 W Ofarrell Street

Property type: Residential Income

The current asking price is $625,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 364 W Ofarrell Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1958. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in San Pedro, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Pedro property.

The MLS currently reports the property as Active. It has been listed for 2 days. Status can change, so verify availability before relying on it.

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