989 W 2nd Street

San Pedro, CA
$ 2,985,000 Beds 0 Baths 1 Sq 6,930
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 2,985,000
  • City
  • San Pedro
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Holy Trinity
  • Lot Size
  • 0.2732 Acres
  • Zip
  • 90731
  • Sqr Footage
  • 6,930
  • Year Built
  • 1959
  • Style
  • MLS#
  • OC25136753
Listed By: Ruben Khorsandi with Alliance Investment RE Group; 949-683-6662
Data Source: California Regional MLS (CRMLS)

Features

General

Sewer PublicSewer
Cooling CentralAir
Zoning LCC2*
Garage Spaces 6
Pool Features None
Year Built 1959
Tenant Pays CableTv,Electricity,Gas
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 228816
Community Features Curbs,StormDrains,StreetLights,Sidewalks
Additional Parcels Description 7451013002,7451013031
County Los Angeles
Net Operating Income 159903
Operating Expense 68913
Insurance Expense 4000
New Construction false
Property Type ResidentialIncome
HOA false
Contingency No showings. Inspection upon accepted offer.
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Located at the corner of 2nd Street and Bandini
City San Pedro
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 9
MLS Area 187 - Holy Trinity
Lot Size Units SquareFeet
Lot Size Square Feet 11901
Listing Terms CashToNewLoan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1000
Fuel Expense 1000
Trash Expense 4000
Water Sewer Expense 15000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Triplex
PostalCity SAN PEDRO

Interior Features

Interior Amenities AllBedroomsDown
Flooring Vinyl
Total Stories 1
Common Walls OneCommonWall
Air Conditioning Y/N true
Laundry Features InKitchen
Entry Level 1

Exterior Features

Parking Features Assigned
Lot Features TwoToFiveUnitsAcre
Water Source Public
Total Parking 6
Lot Size Area 11901
Number of Buildings 3
Building Area Total 6930
Lot Size Acres 0.2732
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/27/2026 Listed $2,985,000

Property vs Zip Code Average in 90731

Price
AVG $1.06M
$2.99M
Year Built
AVG 1948
1959

Areas That We Cover

989 W 2nd Street San Pedro, CA is a Single Family Home for sale at $2985000 with 6930 sqft and a lot size of 0.2732 Acres Acre(s). 989 W 2nd Street San Pedro has 0 bedrooms, 1 baths and was built in 1959. The property's zip code is 90731 which is in San Pedro, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Lucy Delgado

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