CA > San Pedro
San Pedro, CA 90731,1509 S Palos Verdes ST
San Pedro, CA 90731,1509 S Palos Verdes ST
San Pedro, CA 90731,1509 S Palos Verdes ST
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$1,200,000
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4,504 Sqft Lot
Price Dropped by $50K

1509 S Palos Verdes ST San Pedro, CA 90731

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

The MyLAHomeSearch.com Team

+1(424) 242-8856

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25234250

HOA Y/N No

Year Built 1989

Lot Size 4,504 Sqft

Property Sub-Type Triplex

Property Description

Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% cap rate at market rents.

Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail
Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Fence Block, Wood

Pool None

Community Features Suburban

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Rectangular Lot

Faces East

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7456020014

Energy Description 2078.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Anthony Walker Buckingham Investments, Inc 310-561-4776

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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1509 S Palos Verdes ST

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