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Image 1 - 727 W 16th St, San Pedro, California, 90731 - House for sale
Image 2 - 727 W 16th St, San Pedro, California, 90731 - House for sale
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Image 4 - 727 W 16th St, San Pedro, California, 90731 - House for sale
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Home For Sale In San Pedro, California
727 W 16th St, San Pedro, California, 90731

Home For Sale In San Pedro, California

house for sale
Listed: 05/29/24

727 W 16th St, San Pedro, California, 90731

4 Bed:
2 Bath:
1,523 Sq Ft Living Area:
Save
Price
$ 750,000

About This House

Exceptional value-add investment opportunity at 727 W 16th Street, a well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is just minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. The property features an ideal unit mix of all 2 Bedroom 1 Bath units. Garage in the rear of the property is currently vacant and can be rented or converted into an ADU (buyer to verify). Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.

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San Pedro Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near San Pedro, Los Angeles, United States averaged $897,333, a decrease of 1.7% from the previous month.
Median price trends for properties for sale in San Pedro, Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.