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$ 895,000
Est. payment | /mo
4 Beds
4 Baths
4,319 Sqft Lot
$ 895,000
Est. payment | /mo
4 Beds
4 Baths
4,319 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25119803
Bedrooms 4
HOA Y/N No
Lot Size 4,319 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
920 West Elberon Avenue presents a unique opportunity to acquire two detached single-family homes on one lot in the desirable Northwest San Pedro neighborhood. Whether youre an investor seeking strong rental potential or a homeowner looking to offset your mortgage with supplemental income, this property offers excellent value and flexibility. This property offers an ideal scenario for an owner-user to live in the spacious front house while renting out the rear home. Investors may also explore the possibility of converting the existing garages into ADUs to increase unit count and generate additional income (buyer to verify). The front home, built in 1987, offers approximately 1,876 square feet of living space across two levels. It features three bedrooms, two-and-a-half baths, in-unit laundry, a private balcony, generous closet space, and two attached two-car garages. The half-bath may have potential for a shower addition (buyer to confirm). The rear home is a charming 528-square foot 1924 construction, single-story unit with one bedroom and one bathroom, along with a bonus room ideal for a home office or additional storage. A cozy outdoor patio, complete with a mature persimmon tree, offers a perfect space for relaxing or entertaining. Laundry hookups are available in the closest garage for this units use. This unit functions on its own septic system, which was redone within the past six years. Situated on a quiet residential street, this property is just a short walk to Bandini Canyon Park, Leland Park, Rena Park, and Bandini Elementary School. A wide range of shopping and
920 West Elberon Avenue presents a unique opportunity to acquire two detached single-family homes on one lot in the desirable Northwest San Pedro neighborhood. Whether youre an investor seeking strong rental potential or a homeowner looking to offset your mortgage with supplemental income, this property offers excellent value and flexibility. This property offers an ideal scenario for an owner-user to live in the spacious front house while renting out the rear home. Investors may also explore the possibility of converting the existing garages into ADUs to increase unit count and generate additional income (buyer to verify). The front home, built in 1987, offers approximately 1,876 square feet of living space across two levels. It features three bedrooms, two-and-a-half baths, in-unit laundry, a private balcony, generous closet space, and two attached two-car garages. The half-bath may have potential for a shower addition (buyer to confirm). The rear home is a charming 528-square foot 1924 construction, single-story unit with one bedroom and one bathroom, along with a bonus room ideal for a home office or additional storage. A cozy outdoor patio, complete with a mature persimmon tree, offers a perfect space for relaxing or entertaining. Laundry hookups are available in the closest garage for this units use. This unit functions on its own septic system, which was redone within the past six years. Situated on a quiet residential street, this property is just a short walk to Bandini Canyon Park, Leland Park, Rena Park, and Bandini Elementary School. A wide range of shopping and dining optionsincluding Sprouts Farmers Market, Trader Joes, In-N-Out, Chipotle, and more are conveniently located less than a mile away along Western Avenue. With an average household income of $104,000 within a one-mile radius, this area supports a strong and stable tenant base. 920 West Elberon Avenue is a rare offering with immediate upside potential, perfect for those looking to invest in or live in a thriving coastal community.
920 West Elberon Avenue presents a unique opportunity to acquire two detached single-family homes on one lot in the desirable Northwest San Pedro neighborhood. Whether youre an investor seeking strong rental potential or a homeowner looking to offset your mortgage with supplemental income, this property offers excellent value and flexibility. This property offers an ideal scenario for an owner-user to live in the spacious front house while renting out the rear home. Investors may also explore the possibility of converting the existing garages into ADUs to increase unit count and generate additional income (buyer to verify). The front home, built in 1987, offers approximately 1,876 square feet of living space across two levels. It features three bedrooms, two-and-a-half baths, in-unit laundry, a private balcony, generous closet space, and two attached two-car garages. The half-bath may have potential for a shower addition (buyer to confirm). The rear home is a charming 528-square foot 1924 construction, single-story unit with one bedroom and one bathroom, along with a bonus room ideal for a home office or additional storage. A cozy outdoor patio, complete with a mature persimmon tree, offers a perfect space for relaxing or entertaining. Laundry hookups are available in the closest garage for this units use. This unit functions on its own septic system, which was redone within the past six years. Situated on a quiet residential street, this property is just a short walk to Bandini Canyon Park, Leland Park, Rena Park, and Bandini Elementary School. A wide range of shopping and dining optionsincluding Sprouts Farmers Market, Trader Joes, In-N-Out, Chipotle, and more are conveniently located less than a mile away along Western Avenue. With an average household income of $104,000 within a one-mile radius, this area supports a strong and stable tenant base. 920 West Elberon Avenue is a rare offering with immediate upside potential, perfect for those looking to invest in or live in a thriving coastal community.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $26
Acceptable Financing Cash
Listing Terms Cash
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10550 Craftsman Way #184, San Diego, California, 92127, USA