Prime Triplex Just 2 Blocks from Cabrillo Beach – Ideal for Investors or Owner-Occupants!
Don’t miss this rare opportunity to own a well-maintained triplex in the highly desirable Point Fermin neighborhood of San Pedro, just two blocks from beautiful Cabrillo Beach! This income-generating property features three spacious 2-bedroom, 1-bath units, each with in-unit laundry hookups, dual-pane vinyl windows, and two parking spaces (one garage + one driveway per unit). The front unit enjoys a large private patio that spans the width of the building and offers sweeping views toward the beach, including a peek-a-boo ocean view—perfect for relaxing or entertaining. The top-floor “owner’s unit” is move-in ready, featuring an updated kitchen and bathroom, laminate wood flooring, custom paint, and crown molding, with plenty of natural light. A spacious shared backyard offers room for barbecuing, lounging, and outdoor gatherings. Two units are currently tenant-occupied at below-market rents, while the top rear "owner's unit" is ready for immediate occupancy — ideal for an owner-user or to increase rental income. Current gross scheduled income (once the "owner's unit" is rented) is $73,476/year, with pro forma potential of approximately $96,000/year based on market rents. Property is subject to LA City Rent Control. Enjoy unbeatable proximity to Cabrillo Beach and its many amenities, including picnic areas, volleyball courts, bike rentals, the Cabrillo Marine Aquarium, and endless coastal recreation. An excellent opportunity for investors or those looking to live near the ocean while earning passive income!
Sold for $1,100,000 on 08/05/25
Listing Provided by:
Timothy Majka DRE #01399855 562-900-9430,
Keller Williams Coastal Prop.,
Joel Kelner DRE #01477047 949-630-0230,
Vatreni Properties
$1,100,000
3445 S Pacific Ave, San Pedro, CA 90731
6beds
3baths
2,742sqft
Triplex
Built in 1962
-- sqft lot
$1,099,600 Zestimate®
$401/sqft
$4,679 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 10:16am
Listing Provided by:
Timothy Majka DRE #01399855 562-900-9430,
Keller Williams Coastal Prop.,
Joel Kelner DRE #01477047 949-630-0230,
Vatreni Properties
Bought with:
Rachel Rivera, DRE #01941117
Circle Real Estate
Source: CRMLS,MLS#: PW25140677
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Wall Furnace
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,742
- Total interior livable area: 2,742 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Garage
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: Multi/Split
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood, Panoramic, Peek-A-Boo
Lot
- Size: 5,000 sqft
- Features: Back Yard, Lawn, Yard
Details
- Parcel number: 7467007029
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: San Pedro
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$1,099,600