977 W 2nd ST, San Pedro, CA 90731
977 W 2nd ST, San Pedro, CA 90731
977 W 2nd ST, San Pedro, CA 90731
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Listed by Ruben Khorsandi, DRE #01085411 • Alliance Investment RE Group
$995,000
Est. payment /mo
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4,966 Sqft Lot
Active

977 W 2nd ST San Pedro, CA 90731

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25131242

Year Built 1959

Lot Size 4,966 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property 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!

Location

State CA

County Los Angeles

Area 187 - Holy Trinity

Interior

Laundry In Kitchen

Exterior

Garage Spaces 6.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 7451013002

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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977 W 2nd ST