CA > San Pedro
San Pedro, CA 90731,1509 S Palos Verdes ST
San Pedro, CA 90731,1509 S Palos Verdes ST
San Pedro, CA 90731,1509 S Palos Verdes ST
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Anthony Walker • Buckingham Investments, Inc
$1,250,000
Est. payment /mo
4,502 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25234250

Year Built 1989

Lot Size 4,502 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 12.46X GRM on actuals plus a 26% upside to a GRM of 9.6X and a 6.2% cap rate at market rents. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Laundry None

Exterior

Garage Spaces 3.0

Pool 31, None

View None

Building

Foundation Concrete Slab

Water District - Public

Others

Tax ID 7456020014

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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