$995,000

977 W 2nd Street, San Pedro, CA 90731

  • 2,310 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon4,966sqft lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $431/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

PRICE IMPROVEMENT!! PORTFOLIO SALE--3 SIDE-BY-SIDE TRIPLEXES ON SEPARATE APNs: We are pleased to offer for sale this well-located property portfolio in the highly desirable Holy Trinity rental market of San Pedro. This asset consists of 3 Triplexes on 3 separate APNs--977, 983 and 989 2nd Street. There's also an excellent unit mix of ALL SINGLE STORY 2 bedroom units--6 of which have been completely renovated with new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, and vinyl windows. There is also central A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric along with individual water heaters for each unit which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Property also qualifies for 30 year fixed residential financing. Property is centrally located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. INVESTORS WELCOME!

Listing Status:
Active
Date Added:
June 11, 2025
Data Last Updated:
April 1, 2026 at 10:19PM
Listing Office:
Alliance Investment RE Group : 949-250-0400
Listing Agent:
Ruben Khorsandi : 949-250-0400
MLS ID:
OC25131242
  • Laundry: In Kitchen
  • Pool: None
  • Parking: Parking spaces: 6
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: LCC2-R2*7451013002
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Ruben Khorsandi , Alliance Investment RE Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bandini Street Elementary

425 N Bandini St, San Pedro, CA, 90731

Grades KG-6

0.29 miles away

E

Ernest P. Willenberg Special Education Center

308 S Weymouth Ave, San Pedro, CA, 90732

Grades 6-12

0.62 miles away

E

Ernest P. Willenberg Special Education Center

308 S Weymouth Ave, San Pedro, CA, 90732

Grades 6-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.