1509 S Palos Verdes Street, San Pedro, CA 90731

Local realty services provided by:ERA Excel Realty
1509 S Palos Verdes Street,San Pedro, CA 90731
$1,250,000
  • - Beds
  • - Baths
  • 3,556 sq. ft.
  • Multi-family
  • Active
Listed by:anthony walker
Office:buckingham investments, inc
MLS#:SB25234250
Source:CRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$351.52

About this home

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 12.46X GRM on actuals plus a 26% upside to a GRM of 9.6X and a 6.2% 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.

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Home facts

  • Year built:1989
  • Listing ID #:SB25234250
  • Added:1 day(s) ago
  • Updated:October 07, 2025 at 09:32 PM

Rooms and interior

  • Living area:3,556 sq. ft.

Structure and exterior

  • Year built:1989
  • Building area:3,556 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$351.52
Based on information from California Regional Multiple Listing Service, Inc. as of October 7, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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