# 578 W Oliver, San Pedro, CA 90731

> **TL;DR:** 4bd/2ba multi-family, $645,000 ($397/sqft), built 1925, 1,624 sqft. Est. $2,795/mo. Listed 147 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $645,000 |
| Price/sqft | $397 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,624 |
| Year Built | 1925 |
| Lot Size | 5,182 sqft (0.12 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 147 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,795 |
| **Total** | **$2,795** |

## Property Highlights

- Built in 1925
- 0.12 acre lot

## Description

### Agent Description
Exceptional opportunity to own the lowest-priced income property currently available in San Pedro. This unique property functions as two essentially stand-alone houses on one lot, each with its own private entrance. One unit is accessed from the street, while the second is accessed from the alley, offering excellent separation and privacy.

The property generates approximately $40,380 in annual gross rental income. The advertised cap rate is based on gross income only and does not take operating expenses into consideration. Annual operating expenses, including new property taxes, are approximately $10,500, allowing buyers to determine their own net return based on individual operating assumptions.

Owner-Occupant Opportunity:
Ideal for a buyer looking to live in one unit while renting out the second. The separate entrances provide privacy, and the rental income can help offset the monthly mortgage, making this an attractive option for an owner-user seeking flexibility and affordability.

Investor Opportunity:
A strong entry-level investment in San Pedro with two separate dwelling units on one lot. With below-market pricing and future upside potential, this property offers a compelling opportunity for investors looking to improve operations, address deferred maintenance, and increase long-term returns.

Located near the Port of Los Angeles, with a major new port-related development scheduled to open this year. This project is expected to bring additional jobs, increased economic activity, entertainment attractions for visitors, and continued investment to the area, further driving demand for housing and adding long-term upside to San Pedro’s already strong rental and ownership market.

Opportunities like this are rare—get in early before others do. Listing Agent Carol Anne Mills 310-701-2486

## Location

- **Address:** 578 W Oliver, San Pedro, CA 90731
- **County:** Los Angeles
- **Coordinates:** 33.74703, -118.28946
- **Google Maps:** https://www.google.com/maps?q=33.74703,-118.28946

## Listing Agent

- **Name:** Carol Anne Mills
- **Brokerage:** Keller Williams Realty
- **Phone:** 3107012486
- **Email:** camills@kw.com

## Primary Photo

![578 W Oliver - Primary Photo](http://lh.rdcpix.com/8ab46832eb793ad43b8a23bd0f539269l-f990458084r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/578-w-oliver-san-pedro-ca-90731-26011242)*

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**MLS#:** SB26011242 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/578-w-oliver-san-pedro-ca-90731-26011242)

---

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