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.
Property Details
Price:
$950,000
MLS #:
24467133
Status:
Active
Baths:
0
Address:
425 S Cabrillo Avenue
Type:
Residential Income
Neighborhood:
187holytrinity
City:
San Pedro
Listed Date:
Nov 27, 2024
State:
CA
ZIP:
90731
Lot Size:
4,566 sqft / 0.10 acres (approx)
Year Built:
1920
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Heat Pump
Flooring
Wood, Carpet
Heating
Heat Pump, Gravity
Exterior
Parking Features
Garage – Single Door, Concrete, Side by Side
Parking Spots
0.00
Financial
Map
Community
- Address425 S Cabrillo Avenue San Pedro CA
- Area187 – Holy Trinity
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
425 S Cabrillo Avenue
San Pedro, CA
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