For sale
  • Listing Provided by: 

    Anthony Walker DRE #01908153 310-561-4776,

    Buckingham Investments, Inc,

    Josh Ess DRE #02035659 310-982-7055,

    Buckingham Investments, Inc

    Price cut: $50K (11/4)
    $1,200,000

    1509 S Palos Verdes St, San Pedro, CA 90731

    18beds
    12baths
    3,556sqft
    : 
    Triplex
    Built in 1989
    -- sqft lot
    $1,182,800 Zestimate®
    $337/sqft
    $-- HOA

    What's special

    Modern layoutsIn unit laundry
    Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% cap rate at market rents. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.
    31 days
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    570
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    31
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