Homes for sale - 989 W 2nd ST, San Pedro, CA 90731

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Ruben Khorsandi • Alliance Investment RE Group

$3,585,000

Est. payment - /mo

0.27 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25136753

Year Built 1959

Lot Size 0.273 Acres

Source California Regional MLS

Property Description

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!

Location

State CA

County Los Angeles

Area 187 - Holy Trinity

Interior

Cooling Central AC

Laundry In Kitchen

Exterior

Parking Features Assigned Spaces

Garage Spaces 6.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 7451013030

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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989 W 2nd ST San Pedro, CA 90731

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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