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Fully renovated San Pedro duplex at 658 W. Sepulveda St. This two-unit property was stripped down to the studs and rebuilt in 2022, including a reinforced foundation, new windows, electrical, plumbing, drains, mini-split AC systems, a new roof, and new flooring throughout. It currently generates $6,505 per month in strong cash flow with tenants paying all utilities, keeping owner operating costs low. The property delivers an approximate 11.9 GRM and an estimated 5.0–5.4% cap rate based on current income. Drought-tolerant landscaping makes upkeep easy and maintenance low. The existing two-car garage offers excellent potential to convert into an ADU for additional rental income. With modern systems, solid rents, and a convenient location near San Pedro’s ongoing waterfront revitalization, this turnkey duplex is an ideal addition to any investment portfolio. Note: Photos were taken before tenants moved into the units and are for illustration purposes only.
Listing agent: Hung-Kun Ma DRE #02052734 hung.ma.realtor@gmail.com, Listing office: Century 21 Coastal Properties
MLS data updated 10/16/2026, 10:00:44 PM PT
Source: CRMLS, MLS #: SB26212522
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 29, 2026
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This home · nearest recorded event
$930,000Original asking price · Sep 29, 2026ZIP 90731 · Sep 2026
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Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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