977 W 2nd Street, San Pedro, CA 90731

  • $1,095,000
  • $1,195,000
977 W 2nd Street, San Pedro, CA 90731
Active
977 W 2nd Street, San Pedro, CA 90731
977 W 2nd Street, San Pedro, CA 90731
  • $1,095,000
  • $1,195,000

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 977 W 2nd Street
  • City San Pedro
  • State/county CA
  • Zip/Postal Code 90731
  • Country US

Details

Updated on July 17, 2025 at 9:36 pm
  • Property ID: OC25131242
  • Price: $1,095,000
  • Property Size: 2310 Square Feet
  • Land Area: 0.114 Acres
  • Garages: 6.0
  • Garage Size: x x
  • Year Built: 1959
  • Property Type: Triplex, Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman