Stacey Alysson Melman

989 W 2nd ST San Pedro CA 90731 MLS #OC25136753

989 W 2nd ST
San Pedro, CA, 90731
$2,985,000
Beds
0 Baths
0 SqFt
0.27 Acres
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MLS #OC25136753 image #0
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!
AGENT: Ruben Khorsandi
LISTING BROKERAGE: Alliance Investment RE Group
989 W 2nd ST
San Pedro, CA

Property Details

Price:
$2,985,000
MLS #:
OC25136753
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
187holytrinity
Listed Date:
Mar 27, 2026
Total Sq Ft:
6,930
Lot Size:
11,901 sqft / 0.27 acres (approx)
Year Built:
1959
187 – Holy Trinity187holytrinity
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Schools

Interior

Cooling
CA
Flooring
VINY
Laundry Features
IK
Levels
A

Exterior

Common Walls
_1CW
Community Features
SDW, STM, SL, CRB
Garage Spaces
6
Parking Spots
6
Parking Total
6

Financial

Net Operating Income
$159,903

Map

Community

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