989 W 2nd ST, San Pedro, CA 90731
989 W 2nd ST, San Pedro, CA 90731
989 W 2nd ST, San Pedro, CA 90731
989 W 2nd ST, San Pedro, CA 90731
989 W 2nd ST, San Pedro, CA 90731
989 W 2nd ST, San Pedro, CA 90731
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,985,000
Est. payment | /mo

0.27 Acres Lot


Save
$ 2,985,000
Est. payment | /mo
Save

0.27 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25136753

HOA Y/N No

Year Built 1959

Lot Size 0.273 Acres

Property Sub-Type Triplex

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

Zoning LCC2*

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Flooring Vinyl

Fireplace No

Laundry In Kitchen

Exterior

Parking Features Assigned

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7451013030

Energy Description 1000.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ruben Khorsandi Alliance Investment RE Group 949-683-6662, DRE #01085411

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Full Name
Phone

How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

GET IN TOUCH

Name
Phone*
Message