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San Pedro Triplex Portfolio
For Sale
$995,000

977 W 2nd Street, San Pedro, CA 90731

Three side-by-side triplexes in San Pedro's Holy Trinity area.

Property SizeContact for details
Days on Market155

Property Features for 977 W 2nd Street

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1959
Listing Agency: Alliance Investment RE Group
Listed By: Ruben Khorsandi · License #01085411
Source: Exitrealty
Added: Mar 31 Changed: Aug 27 Last Checked: Aug 31 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alliance Investment RE Group

Investment Insights

Based on property information with market context.

This property portfolio features three side-by-side triplexes situated on separate APNs in the Holy Trinity rental market of San Pedro. The portfolio, located at 977, 983 and 989 2nd Street, consists of all single-story, two-bedroom units. Six of the units have been renovated with new kitchens, bathrooms, and flooring. The exterior has been renovated with new paint and vinyl windows. Each unit includes central A/C and washer and dryer hook-ups, as well as garages for tenants. The property is individually metered for gas and electric, and each unit has its own water heater. The property is near the 110 freeway, 710 freeway, Vincent Thomas Bridge, major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. The location has a walk score of 82, indicating it is very walkable, a bike score of 56, indicating it is bikeable, and a transit score of 45, indicating some transit options are available. The property qualifies for 30-year fixed residential financing.

Key Highlights

  • Portfolio sale: 3 side‑by‑side triplexes in San Pedro's Holy Trinity rental market.
  • Strong in‑place rents provide immediate cash flow.
  • Excellent unit mix: All single‑story 2‑bedroom units, with 6 units completely renovated (kitchens, bathrooms, flooring).**

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith Tanning Salon Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,948
Businesses Nearby

Demographics for 90731, CA

61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three side-by-side triplexes in San Pedro's Holy Trinity area.
Where is this triplex located?
The property is located at 977 W 2nd Street San Pedro, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Portfolio sale: 3 side‑by‑side triplexes in San Pedro's Holy Trinity rental market.; Strong in‑place rents provide immediate cash flow.; Excellent unit mix: All single‑story 2‑bedroom units, with 6 units completely renovated (kitchens, bathrooms, flooring).**
More about this property
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