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1509 S Palos Verdes Street, San Pedro, CA 90731

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For Sale

$1,200,000

9 beds6 baths3,556 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $337.46
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

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.
MLS# SB25234250

Courtesy Of Buckingham Investments, Inc.

(310) 982-7055

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco

Home seller CENTURY 21 Coastal Properties

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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(310) 371-6330
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