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Three Triplex Portfolio Opportunity

989 W 2nd Street San Pedro, CA 90731

989 W 2nd Street, San Pedro, CA, 90731
$2,985,000
For Sale
$2,985,000

Three side-by-side triplexes with all single-story two-bedroom units, featuring renovated interiors, central A/C, and in-unit washer/dryer hookups.

Days on Market118

Property Features for 989 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 27 Updated: Jul 22 at 10:42AM Checked: Jul 22 at 10:42AM

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.

Offered as a portfolio sale, this property includes three side-by-side triplexes on three separate APNs. The buildings present an all single-story unit mix consisting of two-bedroom residences, including six units that have been completely renovated with new kitchens, bathrooms, and flooring. Exterior improvements include new paint and vinyl windows.

Each unit is equipped with central A/C, and there are washer and dryer hook-ups within the units, with garages available for tenants. Utilities are handled with individual metering for gas and electric, and each unit includes its own water heater.

Current in-place rents are described as strong, supporting a straightforward ownership transition. The offering is also presented as qualifying for 30-year fixed residential financing. The property is centrally located near major regional access points including the 110 and 710 freeways, Vincent Thomas Bridge, and the San Pedro waterfront area.

Key Highlights

  • Portfolio sale with 3 side‑by‑side triplexes on 3 separate APNs: 977, 983, and 989 2nd Street
  • All units are single‑story 2‑bedroom layouts
  • 6 units have been completely renovated with new kitchens, bathrooms, and flooring

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Pet Grooming Service Veterinary Clinic Buffet Carpet & Flooring Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon Butcher Adult Day Care Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three side-by-side triplexes with all single-story two-bedroom units, featuring renovated interiors, central A/C, and in-unit washer/dryer hookups.
Where is this triplex located?
The property is located at 989 W 2nd Street San Pedro, CA.
What is the asking price?
The asking price for this property is $2,985,000.
What are key features of this property?
This property features: Portfolio sale with 3 side‑by‑side triplexes on 3 separate APNs: 977, 983, and 989 2nd Street; All units are single‑story 2‑bedroom layouts; 6 units have been completely renovated with new kitchens, bathrooms, and flooring
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