425 S Cabrillo Avenue

San Pedro, CA 90731

$950,000

List Price

5

bed Beds

5

shower Baths

2,135 sqft

straighten / sqft

1920

calendar_month Built

Property Description

Two side by side properties are for sale by the same owner. One, a single family, two bedroom home; the other a three unit 1920's Craftsman, set up and running as short term furnished vacation rentals. These properties have been in the possession of the same family for the last 91 years. Both properties as a single purchase could be the perfect live work opportunity for the right person, couple, or family. However, we invite offers on each property independent of the other. The main house 425 was built from a Green and Green blue print purchased by thousands of contractors during the era of it's construction. It is documented as having been built in 1920. Electricity arrived in San Pedro in 1911. The ceiling fixtures were fitted with gas lines originally and wired much later than 1920. The 2 story 1923 rear house was originally built as a porte cochere. The only enclosure on the ground floor was the garage. Most of the second floor was elevated on stilts, over an area where horses were kept. According to the seller's grandparents, the area was enclosed to create the third unit around 1942.All units are in operation as furnished, short term vacation units. The Craftsman built ins are unusually well preserved, and the units are well appointed with a distinctive nod to the early 20th Century. The front house 425 can book on Air bnb, VRBO etc. as two separate units with their own exterior entrances or they can be combined into one unit for larger groups. 427 (upstairs) can sleep up to 4 with it's 2 bedrooms and living room convertible sofa. 429 (down stairs rear) can sleep two comfortably and a third on the daybed. The vacation rentals have enjoyed nearly full occupancy since we began the project four years ago. All the units are currently occupied, but can be viewed by arrangement.

Listing Information

List Price $950,000
Status Active
MLS 24467133
Type Residential Income
Year Built 1920
Lot Size 4,566
Structure Size 2,135
DOM 13
Courtesy Of Coldwell Banker Realty
Listing Agent Amy Pell DRE#01438754

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 5
Flooring Information
Material Carpet, Wood
Cooling Type
Cooling Type Heat Pump

Exterior Information

Maps

Listing information courtesy of: Amy Pell, Coldwell Banker Realty 818-516-3422. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2024 at 4:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.