989 W 2nd Street

San Pedro, CA 90731

  • 4 Bed(s)
  • 2 Bath(s)
  • 6,930 Sqft
  • 11901
    Sqft(Lot)
$3,285,000

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 Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50214781

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Flooring: Vinyl

    Cooling Features

    • Central Air
    • Air Conditioning

  • Building Information

    • Year Built: 1959
    • Building Area Total: 6,930

    Pool Features

    • None

    Laundry Features

    • In Kitchen

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2732
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 11901

  • Listing Price Information

    • Original List Price: 3,285,000
    • Listing Contract Date: 2025-06-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7451013030

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 187 - Holy Trinity
    • Postal Code Plus 4: 2302
    • Directions: Located at the corner of 2nd Street and Bandini
    • Zoning: LCC2*
    • Source Property Type: Residential Income
    • Area: 187 - Holy Trinity
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 66
    • Common Walls: 1 Common Wall
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Ground
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 07/26/2025 @ 07:35

  • MLS: OC25136753
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 6,930 sqft, 11,901 sized lot, and 6 parking. are nearby neighborhoods.