3445 South Pacific Avenue Pending Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,742 sqft
Price per Sqft $401
MLS Listing ID PW-25140677
Year Built 1962
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Property Description
Prime Triplex Just 2 Blocks from Cabrillo Beach - Ideal for Investors or Owner-Occupants! Don't miss this rare opportunity to own a well-maintained triplex in the highly desirable Point Fermin neighborhood of San Pedro, just two blocks from beautiful Cabrillo Beach! This income-generating property features three spacious 2-bedroom, 1-bath units, each with in-unit laundry hookups, dual-pane vinyl windows, and two parking spaces (one garage + one driveway per unit). The front unit enjoys a large private patio that spans the width of the building and offers sweeping views toward the beach, including a peek-a-boo ocean view--perfect for relaxing or entertaining. The top-floor "owner's unit" is move-in ready, featuring an updated kitchen and bathroom, laminate wood flooring, custom paint, and crown molding, with plenty of natural light. A spacious shared backyard offers room for barbecuing, lounging, and outdoor gatherings. Two units are currently tenant-occupied at below-market rents, while the top rear "owner's unit" is ready for immediate occupancy -- ideal for an owner-user or to increase rental income. Current gross scheduled income (once the "owner's unit" is rented) is $73,476/year, with pro forma potential of approximately $96,000/year based on market rents. Property is subject to LA City Rent Control. Enjoy unbeatable proximity to Cabrillo Beach and its many amenities, including picnic areas, volleyball courts, bike rentals, the Cabrillo Marine Aquarium, and endless coastal recreation. An excellent opportunity for investors or those looking to live near the ocean while earning passive income!
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Zoning LAR1
Interior
Heating Wall Furnace
Laundry Gas Dryer Hookup,Inside,Washer Hookup
Exterior
Parking Features Garage,Driveway
Garage Spaces 3.0
Pool None
Community Features Suburban
View Y/N Yes
View Peek-A-Boo,Panoramic
Building
Lot Description Lawn,Yard,Back Yard
Sewer Public Sewer