CA > San Pedro (los Angeles)
San Pedro (los Angeles), CA 90731,989 W 2nd Street
San Pedro (los Angeles), CA 90731,989 W 2nd Street
San Pedro (los Angeles), CA 90731,989 W 2nd Street
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Listed by Ruben Khorsandi • Alliance Investment RE Group
$3,585,000
Est. payment /mo
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6,930 SqFt
Active

989 W 2nd Street San Pedro (los Angeles), CA 90731

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Kenneth Er

Kenneth Er

+1(510) 828-8572

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,930 sqft

Price per Sqft $517

MLS Listing ID CROC25136753

HOA Y/N No

Year Built 1959

Lot Size 0.273 Acres

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Cooling Central Air

Flooring Vinyl

Fireplace No

Laundry In Kitchen

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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