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

    $1,195,000

    684 W 23rd St, San Pedro, CA 90731

    7beds
    7baths
    3,266sqft
    : 
    Triplex
    Built in 1999
    -- sqft lot
    $1,186,000 Zestimate®
    $366/sqft
    $-- HOA

    What's special

    Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.7X GRM on actuals plus a 27% upside to a GRM of 10.8X and a 6% cap rate at market rents. Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach. Less than a mile 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.
    8 days
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    258
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    11
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