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989 W 2nd Street

San Pedro, CA 90731
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Bed 4

Bed

Bath 2

Bath

SqFt6,930

Sqft

SqFt11,901

Sqft(Lot)

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 t he 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!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,985,000

AD Id : 76536151

MLS Id : OC25136753

Beds : 4

Lot Size : 11,901 Sqft

Living Area Size : 6,930

Year Built : 1959

Garage : 6

County : Los Angeles

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Feature Features

  • Interior Features

    All Bedrooms Down
    Laundry Features: In Kitchen
  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1959
    Building Area Total: 6930
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 11901 Lot Size Acres: 0.2732 Lot Size Source: Assessor Lot Size Square Feet: 11,901 Lot Description: 2-5 Units/Acre

  • Listing Price Information

    Listing Price: $2985000
    Original Price: $3585000
    Cash to New Loan

  • Tax Information

    Parcel Number: 7451013030 Tax Lot: 1 Tax Block: S

  • Parking Information

    Parking Total: 6 Assigned

    Garage Information

    Has Garage: Yes Garage Space: 6

  • Location Information

    Direction: Located at the corner of 2nd Street and Bandini WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
734 W 27th, San Pedro, CA, 90731 $1,195,000 7 5 --
233 W Oliver Street, San Pedro, CA, 90731 $1,100,000 8 4 --
267 W Ofarrell Street, San Pedro, CA, 90731 $960,000 4 4 --
240 N Mesa, San Pedro, CA, 90731 $950,000 8 5 3,674 3,674 SqFt
564 W Macarthur, San Pedro, CA, 90731 $1,145,000 7 4 --
256 W 14th, San Pedro, CA, 90731 $785,000 4 3 1,554 1,554 SqFt
338 W 9th Street, San Pedro, CA, 90731 $909,000 6 3 2,766 2,766 SqFt
362 W 11th, San Pedro, CA, 90731 $769,900 4 2 1,932 1,932 SqFt
622 W 2nd Street, San Pedro, CA, 90731 $825,000 3 2 --
524 W 2nd, San Pedro, CA, 90731 $798,000 4 2 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 04:15

MLS: OC25136753 LISTED BY: Ruben Khorsandi, Alliance Investment RE Group 949-250-0400 SOURCE: CRMLS

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