989 W 2nd Street, San Pedro, CA 90731

  • $2,985,000
989 W 2nd Street
ResidentialIncome Active
989 W 2nd Street, San Pedro, CA 90731
989 W 2nd Street
  • $2,985,000

Overview

Property ID: HZOC25136753
  • Triplex
  • Property Type
  • 6
  • Garages
  • 1959
  • Year Built

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!

  • Address 2nd
  • City San Pedro
  • State/county Los Angeles
  • Zip/Postal Code 90731

Details

Updated on October 29, 2025 at 12:08 am
  • Property ID: HZOC25136753
  • Price: $2,985,000
  • Land Area: 0.2732 SquareFeet
  • Garages: 6
  • Year Built: 1959
  • Property Type: Triplex
  • Property Status: ResidentialIncome
  • Listed by: Ruben Khorsandi
  • DRE #: 01085411
  • Contact Mail: Ruben@AllianceIRE.com
  • Brokered by: Alliance Investment RE Group

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