989 W 2nd Street, San Pedro, CA 90731
Los Angeles County
Key Facts
Description
PRICE IMPROVEMENT!! PORTFOLIO SALE--3 SIDE-BY-SIDE TRIPLEXES ON SEPARATE APNs: We are pleased to offer for sale this well-located property portfolio in the highly desirable Holy Trinity rental market of San Pedro. This asset consists of 3 Triplexes on 3 separate APNs--977, 983 and 989 2nd Street. There's also an excellent unit mix of ALL SINGLE STORY 2 bedroom units--6 of which have been completely renovated with new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, and vinyl windows. There is also central A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric along with individual water heaters for each unit which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Property also qualifies for 30 year fixed residential financing. Property is centrally located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. INVESTORS WELCOME!
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1959
Stories
1
Living Area
6,930 sq ft
Lot Size
0.27 acres
Garage Spaces
6
Parking Spaces
6
Zoning
LCC2*
Days on Market
139
MLS® Listing#
OC25136753
Property Features
Cooling
Flooring
Pool
Parking
Laundry
Community
Sewer
Water Source
Rooms
- Bedroom
- Bedroom
Financial Details
HOA
None
Parcel Number
7451013030
Directions
Located at the corner of 2nd Street and Bandini
Affordability Calculator
$597,000
Estimated monthly payment
$15,887/mo
Principal $2,388,000 · Est. interest $3,331,472 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in San Pedro, CA
- $985,506
- Median Listing Price
- 69
- Median Days on Market
- 1,430
- Median Sq Ft
- $665
- Median Price / Sq Ft
- 8,621
- Active Listings
- This home’s price is 203% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in San Pedro, CA.
Location
Points of Interest in San Pedro, CA
Showing the San Pedro area map.
Nearby Schools
Holy Trinity Catholic Church
School · 0.3 mi away
Bandini Street Elementary School
Elementary · 0.3 mi away
Mary Star of the Sea Elementary School
Elementary · 0.4 mi away
Cabrillo Avenue Elementary
Elementary · 0.5 mi away
Barton Hill Elementary
Elementary · 0.6 mi away
Trinity Lutheran Church
School · 0.7 mi away
Merry-Go-Round Nursery School
School · 0.8 mi away
Alliance Alice M Baxter College Ready High School
Secondary School · 0.8 mi away
Park Western Place & Gifted Magnet
Elementary · 0.8 mi away
San Pedro High School
Secondary · 0.8 mi away
Brighter Days Montessori School
Elementary · 0.8 mi away
Dana Middle School
Secondary · 0.8 mi away
Harbor Occupational Center
School · 0.9 mi away
Crestwood Street Elementary
Elementary · 0.9 mi away
Port of Los Angeles High School
Secondary · 1.0 mi away
Fifteenth Street Elementary School
Elementary · 1.1 mi away
Leland Street Elementary School
Elementary · 1.2 mi away
Christ Lutheran Church & School
School · 1.2 mi away
Taper Avenue Elementary School
Elementary · 1.4 mi away
San Pedro Science Center
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4909 Pacifica, San Diego, CA | $2,089,999 | 3 | 3 | 1,991 |
| 3132 Ashbrook Ln, San Ramon, CA | $2,095,000 | 5 | 3 | 3,173 |
| 3062 68 Columbia St, San Diego, CA | $2,095,000 | — | — | — |
| 1809 15 Linwood Street, San Diego, CA | $2,095,000 | — | — | — |
| 701 66th Street, San Diego, CA | $2,095,000 | — | — | — |
| 3132 Ashbrook Ln, San Ramon, CA | $2,095,000 | 5 | 3 | 3,173 |
Moving Cost Estimate
EXIT Agents in San Pedro
Listing Courtesy: Alliance Investment RE Group - 949-683-6662
Presented by: Ruben Khorsandi
Licensed in the state of California.