846 W 18th, San Pedro, CA 90731

Property Description

Exceptional opportunity to acquire a pride-of-ownership duplex in the highly desirable Vista Del Oro neighborhood of San Pedro. Situated on a generous 5,012 sq ft lot, this well-maintained property features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,742 sq ft, offering an ideal blend of stable in-place income and long-term investment potential. Current ownership has completed numerous capital improvements, including fresh exterior paint, new gutters, new front and rear entrances to both units, iron security doors, crawlspace security grates, updated bathroom flooring in Unit 846, and a new water heater for Unit 848, helping minimize near-term capital expenditures for future ownership. Both units are occupied by long-term tenants and feature functional floor plans, separate entrances, individual laundry hookups, and individual water heaters. The lower unit showcases beautiful hardwood flooring, a spacious living room, formal dining area, abundant natural light, and direct access to the backyard. A standout feature of the property is the expansive backyard, offering an uncommon amount of usable outdoor space for a duplex. The large yard, patio area, and mature landscaping create an inviting outdoor setting and may offer future expansion or ADU opportunities. The neighboring property’s recent addition of two accessory dwelling units (ADUs) reflects the area’s ongoing redevelopment and illustrates the possibilities within the immediate neighborhood. The property also includes a shared detached side-by-side two-car garage, providing one dedicated garage space for each unit. Ideally located near schools, parks, shopping, dining, the Gaffey Street corridor, and the exciting West Harbor waterfront redevelopment, this is an outstanding opportunity for investors, owner-occupants, or 1031 exchange buyers seeking a well-maintained duplex in one of San Pedro’s most desirable neighborhoods.