1240 W 22nd St San Pedro, CA $ 955,000
1240 W 22nd St
$ 955,000
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1240 W 22nd St

San Pedro, CA, 90731
$ 955,000
Baths1.0 Sq 1,792

Monthly Estimate*

$ 5,880

Listed by Dreamscape Real Estate
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Studio

Multi-Family Home for sale in San Pedro, CA

for $955,000 with 1 full bath. This 1,792 square foot home was built in 1917 on a lot size of 0.124.

Ideal turnkey investment opportunity or multigenerational living in one of San Pedro’s most sought-after neighborhoods! Welcome to this beautifully remodeled duplex located in the highly desirable Upper Vista Del Oro neighborhood of San Pedro featuring two detached homes on one lot, both tastefully updated and truly move-in ready! The front home (1242) offers 2 bedrooms, 1 bathroom, at 950 sq. ft., showcasing original hardwood flooring throughout with new porcelain wood-tile flooring in the kitchen area. The rear home (1240) features 2 bedrooms, 1 bathroom, and approximately 842 sq. ft., highlighted by new porcelain wood-tile flooring throughout. Both residences have been thoughtfully upgraded with new quartzite kitchen countertops and modern bathrooms remodeled in 2019. Extensive additional improvements include new studs and joists, windows, drywall, tile, bathtubs, toilets, plumbing, gas lines, and fixtures, providing long-term durability and peace of mind. Each home is equipped with gas floor heating, and Unit 1242 includes newer appliances. The roof is approximately 10 years old, and the property also features new fencing and a sprinkler system. The exterior offers a long driveway and a single-car garage located at the rear of the lot, delivering excellent parking and functionality. Enjoy close proximity to parks (including walking distance to Averill Park designed by renowned Central Park architect Frederick Law Olmsted), schools, shopping, UCLA South Bay Campus, the soon-to-be-reopened West Harbor Marketplace featuring Yamashiro’s new restaurant, live music venues, Little Italy, and the vibrant downtown artist district with dozens of restaurants. Not to mention easy access to multiple freeways. With the coastal charm of the LA Waterfront just minutes away, this exceptional duplex blends location, lifestyle, and consistent income potential.

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Multi-Family Active

Price

$ 955,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.124

Year Built

1917

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

SW26012486

Days on Market

26

Features
General
Sewer Public Sewer
Heating Central
Cooling None
Possession Negotiable See Remarks
Appliances Gas Oven Gas Range Refrigerator Water Heater
Zoning LAR2
HOA Fee 0
Garage Spaces 1
Pool Features None
Exclusions Tenants personal property
Year Built 1917
Tenant Pays All Utilities
View Neighborhood
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 36000
Community Features Sidewalks
County Los Angeles
Net Operating Income 33720
Operating Expense 2280
Insurance Expense 1800
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Property is on 22nd St between Patton and Walker. Front home address is 1242.
City San Pedro
Disclosures Easement(s) Rent Control
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 183 - Vista Del Oro
Lot Size Units Square Feet
Lot Size Square Feet 5403
Listing Terms Cash Conventional 1031 Exchange Submit VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Property Condition Updated/Remodeled
Trash Expense 0
Walk Score 61
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 22
Property Sub Type Additional Duplex
Expected Active Date 2026-02-01
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Quartz Counters All Bedrooms Down Bedroom on Main Level
Flooring Tile Wood
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Entry Level 1
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Exterior
Fencing Vinyl
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 1
Lot Size Area 5403
Number of Buildings 2
Spa false
Building Area Total 1792
Lot Dimensions 5403
Lot Size Acres 0.124
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Dreamscape Real Estate

Broker

nikkiniksells@gmail.com

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2026$955,000 Listed Price

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1240 W 22nd St, San Pedro, CA, 90731 is a Multi-Family Home for sale at $955,000 with 1,792 sqft and a lot size of 0.124. 1240 W 22nd St is a studio with 1.0 baths and was built in 1917. The property's zip code is 90731 which is in San Pedro, CA