622 W Oliver Street
San Pedro, CA 90731

  • – beds
  • – baths
  • – sqft
  • 6,153 sqft lot
  • 1926 build
  • on site

REDUCED PRICE~~~ Opportunity for owner occupant or investor. Duplex (2 units) or convert back to a single family residence. Financing with only 5% down payment possible based on new Fannie Mae guidelines for 2-4 unit properties. The property will also qualify for FHA 3.5% down payment loans.~~~~ The duplex was converted from a single family residence with permits in 2018 and could be converted back to a SFR. Updated in 2018 including a new roof, plumbing and electrical. It boasts two separate units (upper 878 s/f and lower 703 s/f) each equipped with two bedrooms and one bathroom. With a large lot boasting spacious front and back yards, there's also potential to expand and add more units or garages onto the property. This duplex offers a great location close to the 110 Freeway and Vincent Thomas Bridge–making it an ideal place for commute into Los Angeles. ~~~ Incredible opportunity to purchase in the booming San Pedro market place where there are multiple commercial developments in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harbor-side destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California.~~~ Owner will consider closing cost credit. Previously appraised at $828,000.~~~ Lower unit now vacant. Upper unit rent increase as of April 1, 2024.

California Regional MLS logo Listed By CRMLS_CA / Kara Welliver / Harcourts Prime Properties / 949-391-5585

Last checked: Checking… • Last updated Mar 21, 2024 •

MLS# PW23219589 —

This property is listed in more than one place. See it here, and here, and here.

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Sale history

Date Event Source Price % Change
3/21/24
Sold Subject To Contingencies CRMLS_CA $750,000
3/11/24
Price Changed CRMLS_CA $750,000 -6.2%
12/12/23
Price Changed CRMLS_CA $799,990 -4.6%

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$750,000

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Listing provided by broker:

Kara Welliver

Harcourts Prime Properties

949-391-5585

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This multifamily located in Harbor, Los Angeles, CA 90731 is currently for sale for $750,000. 622 W Oliver Street is a – square foot multifamily with – beds and – baths that has been on Estately for 137 days. 622 W Oliver Street is in the Harbor neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Barton Hill Elementary School, Richard Henry Dana Middle School, and San Pedro Senior High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Harcourts Prime Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 14:33 on Apr 16.

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