578 W Oliver, San Pedro (los Angeles), CA 90731

• 4 beds
• 1,624 sqft

Property Description

Exceptional opportunity to own the lowest-priced income property currently available in San Pedro. This unique property functions as two essentially stand-alone houses on one lot, each with its own private entrance. One unit is accessed from the street, while the second is accessed from the alley, offering excellent separation and privacy. The property generates approximately $41,700 in annual gross rental income. Annual operating expenses, including new property taxes, are approximately $13,100, allowing buyers to determine their own net return based on individual operating assumptions. Owner-Occupant Opportunity: Ideal for a buyer looking to live in one unit while renting out the second. The separate entrances provide privacy, and the rental income can help offset the monthly mortgage, making this an attractive option for an owner-user seeking flexibility and affordability. Investor Opportunity: A strong entry-level investment in San Pedro with two separate dwelling units on one lot. With below-market pricing and future upside potential, this property offers a compelling opportunity for investors looking to improve operations, address deferred maintenance, and increase long-term returns. Located near the Port of Los Angeles, with a major new port-related development scheduled t

Listing Status:

Active

Date Added:

January 16, 2026

Data Last Updated:

February 7, 2026 at 10:06PM

Listing Office:

Keller Williams Realty : 310-519-1080

Listing Agent:

Carol Anne Mills : 310-701-2486

MLS ID:

CRSB26011242

Interior

• Laundry: Inside

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 7448027021

Financial

• Source: CRMLS