Property listed by Sage Real Estate Group Inc, Jignesh Patel 213-453-2572
$879,999
Rare opportunity to acquire a well-positioned triplex in the heart of San Pedro, offering strong in-place income with additional long-term upside.
The property features a desirable unit mix, including a spacious front unit with a 2 bed / 1.5 bath layout, indoor laundry, and a bonus room, providing added flexibility. The… Read More rear units consist of a studio and a fully renovated 1 bed / 1 bath, both equipped with in-unit laundry for tenant convenience. The recently remodeled 1 bed / 1 bath unit has now been leased, delivering immediate stabilized income.
Additional highlights include four enclosed garages, a significant amenity that enhances tenant appeal and future value.
From an investment perspective, the property offers clear upside potential through an ADU conversion, allowing a new owner to further increase cash flow and maximize the site’s potential.
Located in a strong rental market near the ongoing San Pedro waterfront redevelopment, this is a well-rounded asset suited for investors seeking both stable income and future growth. Reach out today for more information. Read Less
Listing Snapshot
Days Online
59
Last Updated
Property Type
Triplex
Lot Size
0.1 Acres
Year Built
1920
MLS Number
RS26069107
Additional Details
Building
Built in 1920, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
Community
Sidewalks
Expenses
Insurance: $1,374, Operating: $16,519
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $60,243, Net Operating Income: $41,917
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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