$999,999

328 N Centre St San Pedro, CA 90731

$10,000
Closing credit¹
0.1 acres
Multi-Family

Property details

About 328 N Centre St

This property is an ideal choice for those looking to complete a 1031 exchange or for investors seeking an excellent opportunity in a thriving market. Located just three blocks from the breathtaking 42-acre San Pedro waterfront promenade, this spacious duplex offers an incredible investment opportunity in one of the most desirable neighborhoods of San Pedro, California. Strolling distance from the scenic harbor, ships, an outdoor amphitheater, and the historic Red Car Train, this property is perfectly situated for both renters and investors alike. Within minutes, you'll find shopping, dining, and easy access to the freeway—making it an ideal spot for tenants. This property boasts a stunning upstairs view of the picturesque Palos Verdes Hills, adding additional appeal for potential tenants seeking both comfort and convenience. Built in 1987 and not subject to rent control (as per the RSO website), this duplex presents an excellent opportunity to capitalize on San Pedro's strong rental market. The property consists of two spacious units, each with 3 bedrooms and 2.5 bathrooms, offering ample space for tenants. The large living rooms are incredibly spacious, with the potential to convert one of the living areas into a 4th bedroom, increasing the rental value. This flexibility makes it even more appealing for investors. Currently tenant-occupied and set to be delivered with tenants in place, this property promises ready cash flow with room for significant rental upside. With the strong demand for rental properties in San Pedro, this is an exceptional opportunity for anyone looking to generate immediate returns while holding onto a valuable asset with further potential for growth. This duplex has undergone several key updates in recent years, enhancing both its aesthetic appeal and functionality. Recent improvements include exterior upgrades (new paint, stucco, and iron work) completed within the last 6 months, ensuring that the property looks fresh and inviting, new roof installed over the 2-car garage within the past 2 years, offering peace of mind with minimal maintenance required, upgraded upstairs rear entrance to support heavy traffic, completed within the last 2 years, new exterior concrete stair treads for the main staircase, enhancing safety and curb appeal, also completed within the last 2 years, and new ceramic tile floors in both units (living room, hall, and back bedroom/den), providing a modern and easy-to-maintain living environment.

Highlights

Home typeDuplex
StatusActive
Lot size0.1136 Acres
Year built1987
MLS #DW25034301
Garage2 spaces

Summary

  • MLS Number: DW25034301
  • MLS Name: CRMLS
  • Office Name: Keller Williams Rlty Whittier
  • Office Phone: (909) 282-7855
  • Listing Agent: Gabriela Ballesteros

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring stairway, a fenced front yard, a balcony, and stucco siding

$999,999

328 N Centre St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 27, 1989
Home Sold
$258,000

Tax history

YearAssessmentProperty Tax
2024$474,631$6,072
2023$465,326$5,959
2022$456,203$5,688
2021$447,259$5,603
2020$442,674$5,439
2019$433,995$5,350
2018$425,486$5,234
2017$417,144$5,234

History based on county public records data.

Nearby schools

3

Barton Hill Elementary School

Public District PK-6

0.3 mi

423 N Pacific Ave

5

Cabrillo Avenue Elementary School

Public District KG-5

0.9 mi

732 S Cabrillo Ave

6

Bandini Street Elementary

Public District KG-6

0.9 mi

425 N Bandini St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,333. Most San Pedro, CA residents have annual incomes less than $<35k. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

73%
<35k
21%
35k-100k
4%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

28%
Single, No Kids
32%
Single, with Kids
10%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 328 N Centre St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $999,999.

In January 2025, from all listings sold in San Pedro, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. Between December and January 2025, San Pedro, CA real estate market has seen increase in the number of listings by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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