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3445 S Pacific Avenue, San Pedro, CA 90731

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For Sale
Sale Pending

$1,100,000

6 beds • 3 baths • 2,742 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $401.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime Triplex Just 2 Blocks from Cabrillo Beach Ideal for Investors or Owner-Occupants! Don t miss this rare opportunity to own a well-maintained triplex in the highly desirable Point Fermin neighborhood of San Pedro, just two blocks from beautiful Cabrillo Beach! This income-generating property features three spacious 2-bedroom, 1-bath units, each with in-unit laundry hookups, dual-pane vinyl windows, and two parking spaces (one garage + one driveway per unit). The front unit enjoys a large private patio that spans the width of the building and offers sweeping views toward the beach, including a peek-a-boo ocean view perfect for relaxing or entertaining. The top-floor owner s unit is move-in ready, featuring an updated kitchen and bathroom, laminate wood flooring, custom paint, and crown molding, with plenty of natural light. A spacious shared backyard offers room for barbecuing, lounging, and outdoor gatherings. Two units are currently tenant-occupied at below-market rents, while the top rear "owner's unit" is ready for immediate occupancy ideal for an owner-user or to increase rental income. Current gross scheduled income (once the "owner's unit" is rented) is $73,476/year, with pro forma potential of approximately $96,000/year based on market rents. Property is subject to LA City Rent Control. Enjoy unbeatable proximity to Cabrillo Beach and its many amenities, including picnic areas, volleyball courts, bike rentals, the Cabrillo Marine Aquarium, and endless coastal recreation. An excellent opportunity for investors or those looking to live near the ocean while earning passive income!
MLS# PW25140677

Courtesy Of Keller Williams Coastal Properties

(562) 843-1017

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn
  • Appliances
    Range, Range - Gas
  • Architecture Style
    Other
  • Rooms
    Kitchen, Living Room
  • View Type
    Panorama

Map and Directions

Directions to 3445 S Pacific Avenue, San Pedro, CA 90731

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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