$1,149,000
Don’t miss this rare investment opportunity featuring a well-maintained triplex with two vacant units ready for immediate occupancy or to lease at market rents, offering both flexibility and strong income potential. This property offers a desirable unit mix, including a spacious 3-bedroom unit and two 2-bedroom units, making it ideal for both investors and owner-occupants. Unit 1 is a ground-level 3 bedroom, 1.75-bath unit offering generous living space, including a primary suite with a private ¾ bath. Features include a combination of carpet and laminate flooring, ceiling fans, forced air heating, and an interior laundry room with hookups and abundant storage. The kitchen is equipped with a dishwasher, double oven, range, and microwave (stainless steel appliances, excluding double oven). A standout feature is the additional rear room with a bonus storage area and water access, presenting excellent potential for an ADU conversion or added value. Unit 2 is a tastefully remodeled 2-bedroom, 1.5-bath unit showcasing modern finishes throughout. Enjoy stone countertops, crisp white cabinetry, recessed lighting, and stainless-steel kitchen appliances including a refrigerator, oven, stovetop, and range hood. The unit also offers a primary suite with a half bath, ceiling fans, a wall heater, and an interior laundry room with a washer and dryer. Unit 3 is a 2-bedroom, 1.5-bath unit featuring the same functional layout as Unit 2, offering excellent value-add potential as it remains in original condition, ideal for future renovation and increased rental income. Exterior features include a low-maintenance front yard with green lawn, detached 3-car garage (one space per unit), and additional storage areas. With strong pro forma rents, ADU potential, and upside in the third unit, this property presents an outstanding opportunity to maximize cash flow and long-term appreciation. Located just minutes from the highly anticipated West Harbor waterfront development, this property is perfectly positioned to benefit from the exciting transformation of the San Pedro waterfront. West Harbor will bring new dining, entertainment, retail, and open space to the area, further enhancing the vibrant coastal lifestyle that makes San Pedro such a special place to call home.
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Listed by Danielle Whitney Moore with Keller Williams Realty (310) 519-1080
Property Type
Triplex
Status
Active
MLS Number
SB26073510
Year Built
1966
Lot Size
5,001 sq ft