Address
989 W 2nd Street, San Pedro, CA
Price
$ 2,985,000
Property Attributes
- ID#OC25136753
- TypeSingle Family
- Listing Status Active
- CountyLos Angeles
- CitySan Pedro
- Area Holy Trinity
- Zip90731
- Style
- Year Built1959
- Price$ 2,985,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage6930
- Lot Size0.2732 Acres
Data Source:
California Regional MLS (CRMLS)
Property 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!
| Price History | |
|---|---|
| 3/27/2026 | Listed $2,985,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Cooling | CentralAir |
| Zoning | LCC2* |
| Garage Spaces | 6 |
| Pool Features | None |
| Year Built | 1959 |
| Tenant Pays | CableTv,Electricity,Gas |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Triplex |
| Gross Income | 228816 |
| Community Features | Curbs,StormDrains,StreetLights,Sidewalks |
| Additional Parcels Description | 7451013002,7451013031 |
| County | Los Angeles |
| Net Operating Income | 159903 |
| Operating Expense | 68913 |
| Insurance Expense | 4000 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| Contingency | No showings. Inspection upon accepted offer. |
| Garage Y/N | true |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Located at the corner of 2nd Street and Bandini |
| City | San Pedro |
| Entry Location | Ground |
| Senior Community Y/N | false |
| Number Of Units Total | 9 |
| MLS Area | 187 - Holy Trinity |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 11901 |
| Listing Terms | CashToNewLoan |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Electric Expense | 1000 |
| Fuel Expense | 1000 |
| Trash Expense | 4000 |
| Water Sewer Expense | 15000 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | false |
| Building Area Units | SquareFeet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 1 |
| Property Sub Type Additional | Triplex |
| PostalCity | SAN PEDRO |
Interior Features
| Interior Amenities | AllBedroomsDown |
|---|---|
| Flooring | Vinyl |
| Total Stories | 1 |
| Common Walls | OneCommonWall |
| Air Conditioning Y/N | true |
| Laundry Features | InKitchen |
| Entry Level | 1 |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Lot Features | TwoToFiveUnitsAcre |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 11901 |
| Number of Buildings | 3 |
| Building Area Total | 6930 |
| Lot Size Acres | 0.2732 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 3 |
| Number of Separate Gas Meters | 10 |
| Number of Separate Electric Meters | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90731
Price
Year Built
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