Sold
622 W Oliver ST
SAN PEDRO CA, 90731
$750,000
$474.38 per sqft
Sold
4 Beds
2 Baths
1,581 sqft
Residential
Built in 1926
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.~~~Increased rent as of April 1, 2024.
PW23219934MR
MLSⓇ ID
December 1, 2023
Listed
April 29, 2024
Updated
Map
622 W Oliver ST
SAN PEDRO CA, 90731
Interior Features
Total Stories
2
Bedrooms
4 Beds
Bathrooms
2 Baths
Appliances
None, Refrigerator
Laundry Description
None
Fireplace
Yes
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Bungalow
Roof
Composition
Sewer
Public Sewer
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
Barton Hill
Days on Market
109
Garage
No
Parking
Driveway, Gated, Parking Space, RV Possible
Parking Total
5
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR2
Listing History
Date | Event | Price |
---|---|---|
4/29/2024 | Sold | $750,000 |
3/21/2024 | Under Contract | — |
3/12/2024 | Price Change | $750,000 -7% |
Listed by Kara Welliver with Harcourts Prime Properties
Listing Contact: 949-391-5585
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/29/2024