Three Triplex Portfolio
For Sale
$2,985,000
989 W 2nd Street, San Pedro, CA 90731
Three side-by-side triplexes with all single-story two-bedroom units, featuring renovated interiors, central A/C, and in-unit washer/dryer hookups.
Property SizeContact for details
Days on Market143
Property Features for 989 W 2nd Street
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
9
Amenities
central A/C
in-unit washer/dryer hookups
garages
Building Details
Year Built
1959
Listing Agency:
Alliance Investment RE Group
(949) 683-6662
Listed By:
Ruben Khorsandi · License #01085411
(949) 683-6662
Source:
Exitrealty
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 15 at 6:51AM
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.
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
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,435
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
