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1509 S Palos Verdes Street, San Pedro, CA 90731

San Pedro
Local realty services provided by:CENTURY 21 Adams & Barnes
1509 S Palos Verdes Street,San Pedro, CA 90731
$1,150,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: anthony walker, josh ess
Office: buckingham investments, inc
MLS#:SB25234250
Source:CRMLS

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Price summary

  • Price:$1,150,000

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 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% 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:150 day(s) ago
  • Updated:March 07, 2026 at 07:24 AM

Structure and exterior

  • Year built:1989
  • Lot Features:Rectangular Lot
  • Construction Materials:Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
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