Property listed by Century 21 Masters, Melinda Elmer 562-316-2915
$849,000
PRICE IMPROVEMENT!!! DO NOT MISS YOUR OPPORTUNITY!!! This charming property combines a beautifully updated main home and two additional income-generating units, offering a total living space of 1,617 sqft., all set on a spacious 6,526 sqft. lot. Located in an unincorporated area of San Pedro with no rent control, it… Read More presents an incredible opportunity to own a versatile property that can grow with you. The 2-bedroom, 1-bathroom main home has been upgraded. Highlights include a fully redesigned kitchen (taken down to the studs), updated seismic bracing, a new roof, and brand-new windows—making it as stylish as it is secure. Behind the main house, you'll find two cozy 1-bedroom, 1-bathroom units. While non-conforming, these rental units have been cosmetically refreshed with new roofs and updates to keep them desirable and tenant-friendly. All spaces are currently occupied, providing steady rental income for the lucky buyer. A convenient two-car carport completes the package, offering covered parking for you or your tenants. This property is not just about what’s here now—it's about what’s coming. With the county considering plans to up-zone the area for mixed-use development, 125 N Bandini St has exciting long-term potential. The location is hard to beat: just minutes from the ocean and iconic San Pedro landmarks like the Ports O’ Call Village redevelopment, the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur. Plus, you’re close to great dining on Gaffey Street, easy freeway access, and a vibrant, growing community. Whether you’re looking to settle into the main home and let the ADUs cover your mortgage, keep renting out all three units, or explore future redevelopment, this property offers a world of possibilities. Don’t miss this chance to invest in San Pedro’s rising market—schedule your tour today! You can also find this listing under Residential Income: PW24228132. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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