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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,100,000

Est. payment - /mo

5,000 Sqft Lot

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OPEN HOUSE

Sat Jun 28, 1:00pm - 4:00pm

Sun Jun 29, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25140677

HOA Y/N No

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

Fireplace No

Appliance Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

View Y/N Yes

View Neighborhood, Panoramic, Peek-A-Boo

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Lawn, Yard

Faces East

Story 3

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 7467007029

Acceptable Financing Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Timothy Majka Keller Williams Coastal Prop. 562-900-9430

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3445 S Pacific AVE San Pedro, CA 90731