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.
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
Est.:
Triplex
Built in 1989
-- sqft lot
$1,182,800 Zestimate®
$337/sqft
$-- HOA
What's special
Modern layoutsIn unit laundry
- 31 days |
- 570 |
- 31 |
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