1509 S Palos Verdes Street, San Pedro, CA 90731

• 9 beds |
• 6 baths

Property Description

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.

Listing Status:

Active

Listing Office:

Buckingham Investments, Inc : 310 982-7055

Listing Agent:

Anthony Walker : 310-561-4776

MLS ID:

SB25234250

Exterior

• General: N/K
• Pool: N/K

Construction

• General: Stucco2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor7456020014

Financial

• Source: California Regional MLS

This listing courtesy of Anthony Walker, Buckingham Investments, Inc