989 W 2nd Street, San Pedro, CA 90731
Local realty services provided by:ERA North Orange County Real Estate
989 W 2nd Street,San Pedro, CA 90731
$2,985,000
- - Beds
- - Baths
- 6,930 sq. ft.
- Multi-family
- Active
Listed by: ruben khorsandi
Office: alliance investment re group949-250-0400
MLS#:OC25136753
Source:CRMLS
Price summary
- Price:$2,985,000
- Price per sq. ft.:$430.74
About this home
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!...
Contact an agent
Home facts
- Year built:1959
- Listing ID #:OC25136753
- Added:330 day(s) ago
- Updated:May 15, 2026 at 10:47 AM
Rooms and interior
- Flooring:Vinyl
- Living area:6,930 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1959
- Building area:6,930 sq. ft.
- Lot area:0.27 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,985,000
- Price per sq. ft.:$430.74
Features and amenities
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:6
- Parking description:Assigned
- Garage:Yes
- Garage spaces:6
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