628 W 22nd, San Pedro, CA 90731

Property Description

--> $50K REDUCTION! <-- PRIME TURNKEY COASTAL DUPLEX | PROVEN AIRBNB & MASSIVE APPRECIATION POTENTIAL. Attention Investors: Capitalize on a rare, high-yield opportunity in the direct path of progress. Located in the vibrant heart of San Pedro just minutes from the waterfront, this exquisitely reimagined Craftsman duplex offers a seamless blend of historic charm and high-end, turnkey upgrades. With zero deferred maintenance, this asset is primed for immediate cash flow. ASSET & INCOME POTENTIAL: This property boasts an established 5-star Airbnb presence, offering a lucrative short-term or mid-term rental strategy right out of the gate. Front Unit (2 Bed / 1 Bath): Designed to command premium rents. Features bespoke finishes, a stunning spa-inspired bathroom with a clawfoot tub, a cozy fireplace, and a massive Chef's Kitchen (center island, ample cabinetry, 6-burner stove with center grille, and dual ovens). Bedrooms are smartly separated for maximum privacy. Rear Unit (1 Bed / 1 Bath + Bonus Room): Features its own fireplace and direct access to the backyard/patio area. The bonus room offers flexibility for a home office, making it highly attractive to remote-working tenants. Value-Add: The property includes a THREE-CAR GARAGE, offering incredible potential for an ADU (Accessory Dwelling Unit) conversion to significantly maximize your unit density and overall CAP rate. Exterior: The grounds feature mature landscaping with an abundance of fruit trees (grapefruit, kumquat, lemon, cherry), adding significant charm for short-term rental guests. APPRECIATION CATALYST: Location is everything for long-term hold strategies. This duplex puts you right in the center of San Pedro's massive Waterfront renovation, with the highly anticipated West Harbor development set to open this year. This billion-dollar project will drive explosive tenant demand and property appreciation. Your tenants or guests will enjoy ultimate accessibility to artisan coffee shops, renowned seafood dining, boutiques, coastal nightlife, and major freeways. This isn't just a duplex; it's a turnkey, income-generating powerhouse wrapped in a stunning Craftsman package. --> INVESTORS: Experience the layout instantly. A fully immersive 3D walkthrough + FLOORPLAN is available. Please click the Virtual Tour icon or ask the listing agent/your agent to share the digital showing.