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For sale
  • Listed by: Keller Williams Luxury • Brooke Dianich • 310-403-4413
    Price cut: $25K (9/28)
    $875,000

    628 W 22nd St, San Pedro, CA 90731

    3beds
    2baths
    1,335sqft
    : 
    $5,956/mo
    Get pre-qualified
    Duplex
    Built in 1921
    -- sqft lot
    $869,300 Zestimate®
    $655/sqft
    $-- HOA

    What's special

    ***SELLER MOTIVATED - OPEN TO ALL OFFERS AND TERMS + 4.375% RATE BUYDOWN AVAILABLE*** --> $25K REDUCTION! <-- PRIME TURNKEY COASTAL DUPLEX | PROVEN SHORT-TERM RENTAL (STR) INCOME & MASSIVE MARKET RENT UPSIDE. Attention Investors: Capitalize on a rare, high-yield opportunity in the direct path of progress. Zero deferred maintenance, this property offers flexible, high-ROI strategies: Established STR operation, or pivot to long-term tenants to capture upside in today's market rents. *** PROVEN INCOME & UPSIDE: This duplex boasts a highly successful, established 5-star multi-channel STR presence, offering a lucrative short-term or mid-term rental strategy right out of the gate with zero ramp-up time. Both units have been renovated to a standard that commands top-tier, premium MARKET RENTS with massive upside potential to maximize your monthly cash flow well beyond standard pro-forma projections. *** THE ASSET: The Front Unit (2 Bed / 1 Bath) is designed for maximum return, featuring bespoke premium finishes, a stunning spa-inspired bathroom with a clawfoot tub, a cozy fireplace, and a massive Chef's Kitchen with a center island, ample cabinetry, a 6-burner stove with center grille, and dual ovens. The bedrooms are separated for maximum privacy. Rear Unit (1 Bed / 1 Bath + Bonus Room) features its own fireplace and direct access to the hardscape, backyard/patio area. The bonus room offers flexibility for a home office, making it highly attractive to remote-working tenants or higher-paying corporate rentals. *** VALUE-ADD ADU POTENTIAL: The property includes a THREE-CAR GARAGE, offering incredible potential for an ADU (Accessory Dwelling Unit) conversion. This is a prime opportunity to increase unit density, add a 3rd income stream, and significantly boost your overall CAP rate. The exterior grounds in front feature mature landscaping with an abundance of fruit trees (grapefruit, kumquat, lemon, cherry), adding significant curb appeal that keeps vacancy low and guest ratings high. *** THE APPRECIATION CATALYST: This duplex puts you right in the center of San Pedro's massive Waterfront renovation, with the highly anticipated West Harbor development. This billion-dollar project is driving explosive tenant demand and rapid property appreciation. Your tenants or guests will enjoy ultimate accessibility to artisan coffee shops, renowned seafood dining, boutiques, coastal nightlife, and major freeways. Fully immersive 3D walkthrough + FLOORPLAN is available.
    237 days
    149
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Dianich DRE #01325866 310-403-4413,

    Keller Williams Luxury

    Source: CRMLS,MLS#: SB26052642MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: In Kitchen
      Features
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,335
      • Total interior livable area: 1,335 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Garage spaces: 3
      Features
      • Entry location: Living Room
      • Pool features: None
      • Fencing: Wrought Iron
      Lot
      • Size: 4,999 Square Feet
      • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Landscaped, Level, Rectangular Lot, Street Level, Yard
      Details
      • Parcel number: 7462029019
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Duplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1921

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Street Lights, Sidewalks
      Location
      • Region: San Pedro

      Financial & listing details

      • Price per square foot: $655/sqft
      • Tax assessed value: $795,905
      • Date on market: 3/14/2026
      • Cumulative days on market: 237 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $869,300

        $826,000 - $913,000

        $3,164/mo

        Price history

        DateEventPrice
        9/28/2026Price change$875,000-2.8%$655/sqft
        Source: CRMLS #SB26052642 Report a problem
        6/11/2026Price change$900,000-5.3%$674/sqft
        Source: CRMLS #SB26052642 Report a problem
        3/15/2026Listed for sale$950,000+26.7%$712/sqft
        Source: CRMLS #SB26052642 Report a problem
        11/8/2022Sold$750,000+7.3%$562/sqft
        Source: Public Record Report a problem
        9/19/2022Contingent$699,000$524/sqft
        Source: CRMLS #SB22140400 Report a problem
        8/19/2022Price change$699,000-6.8%$524/sqft
        Source: CRMLS #SB22140400 Report a problem
        7/29/2022Price change$750,000-1.3%$562/sqft
        Source: CRMLS #SB22140400 Report a problem
        7/15/2022Price change$760,000-1.9%$569/sqft
        Source: CRMLS #SB22140400 Report a problem
        6/22/2022Listed for sale$775,000+36.2%$581/sqft
        Source: CRMLS #SB22135380 Report a problem
        8/5/2018Listing removed$569,000$426/sqft
        Source: Realty One Group Inc #OC18152875 Report a problem
        7/12/2018Price change$569,000-3.4%$426/sqft
        Source: Realty One Group Inc #OC18152875 Report a problem
        6/26/2018Listed for sale$589,000-1.7%$441/sqft
        Source: Realty One Group Inc #OC18152875 Report a problem
        5/20/2018Listing removed$599,000$449/sqft
        Source: Realty One Group Inc #OC18058304 Report a problem
        4/5/2018Price change$599,000-1.6%$449/sqft
        Source: Realty One Group Inc #OC18058304 Report a problem
        3/30/2018Listed for sale$609,000+18.3%$456/sqft
        Source: Realty One Group Inc #OC18058304 Report a problem
        1/26/2018Sold$515,000$386/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $795,905 +2%
        2025$9,504 +1.4%$780,300 +2%
        2024$9,375 +2%$765,000 +2%
        2023$9,193 +37%$750,000 +35.8%
        2022$6,711 +1.3%$552,181 +2%
        2021$6,627 -1%$541,355 +1%
        2020$6,693 $535,805 +2%
        2019$6,693 +98.3%$525,300 +97.5%
        2018$3,375 $265,919 +2%
        2017$3,375 +2.2%$260,706 +2%
        2016$3,301 +2.6%$255,595 +1.5%
        2015$3,217 +0.9%$251,756 +2%
        2014$3,189 $246,826 +2.5%
        2012-- $240,895 +2%
        2011-- $236,173 +0.8%
        2010-- $234,409 -0.2%
        2009-- $234,967 +2%
        2008-- $230,361 +2%
        2007-- $225,845 +2%
        2006-- $221,418
        2005-- $221,418 +4%
        2004-- $212,821 +1.9%
        2003-- $208,921 +2%
        2002-- $204,825 +4%
        2000-- $196,873
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: San Pedro

        Getting around

        77 / 100
        Very Walkable
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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