977 W 2nd Street

San Pedro , CA 90731

MLS#: OC25131242

$1,095,000

Status: Active
Listing number: OC25131242
Listing provided by: Alliance Investment RE Group
Listing agent phone: None
Last update: 29 days ago
On site: 2 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

N/A

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!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    6

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.114

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $1,095,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Ruben Khorsandi , Alliance Investment RE Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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!

977 W 2nd Street

Message successfully sent.

What would you like to know?

Related Properties

QUADRUPLEX just minutes from Cabrillo Beach, offering a fantastic investment opportunity in the vibrant heart of San Pedro. Ideally located near shops, restaurants, schools, and the highly anticipated San Pedro West Harbor waterfront development, this property blends convenience with excellent long term potential. The front building features two well maintained units, each with 2 bedrooms and 1 bathroom. The rear building offers a 2 bedroom 1 bathroom unit and a 1 bedroom 1 bathroom unit, providing a flexible mix of rental options. Residents enjoy off street parking, alley access, and a fully gated and fenced lot for added privacy and security. With its prime location, versatile layout, and strong rental potential, this QUADRUPLEX is a standout opportunity for investors looking to secure income producing property in one of San Pedros most promising neighborhoods.
#SR25176140

San Pedro

581 W 16th Street

None Beds

None Baths

2,450 Sq.Ft.

$999,000

MLS#: SR25176140

Tucked into one of the most sought-after areas near LA Harbor, this charming four-unit property presents a rare chance to own a piece of timeless income-generating real estate. Strategic location just moments from vibrant restaurants, boutique shopping, schools, and major transportation routes, yet the building itself offers a peaceful, well-kept retreat. Each of the four units is a 1-bedroom, 1-bath layout with plenty outdoor spaces and front patio, thoughtfully maintained and self-sufficient, creating a seamless experience for both residents and investors. The lot extends to a spacious rear area with four individual garages, providing convenience, potential storage income, or even the possibility of further development. The building radiates curb appeal, with manicured touches that hint at the care and pride poured into its upkeep. This property is more than just a solid investment, it's a promise for future growth. With steady income, room for value-add strategies, and an unbeatable location, it's the kind of opportunity that doesn’t knock twice.
#PV25166350

San Pedro

576 W 11th Street

None Beds

None Baths

2,300 Sq.Ft.

$1,099,000

MLS#: PV25166350

Prime Beach location.Classic 1920s 4 unit apartment building a few short blocks to Cabrillo Beach in Cabrillo Marina. Extra large will maintained units. All kitchens and bathrooms Have been remodeled.,All vinyl windows throughout. Upgraded electrical, and four detached enclosed garages. Long-term tenants with lots of upside in the rents.
#SB25173893

San Pedro

3049 S Pacific Avenue

None Beds

None Baths

3,952 Sq.Ft.

$1,099,000

MLS#: SB25173893

Three-units property in the heart of San Pedro! Close to Cabrillo Marina, Port of call restaurants, shopping, Cruise ship, and more, Unit One with 3-bedroom 2 1/2 Bath, unit Two with 2 bedroom 2 full bath and unit Three 3 bedrooms and 3bath units, each with its own garage parking. A Location That Has It All! San Pedro is renowned for its charming small-town atmosphere,family-owned businesses, and unique architecture.
#WS25151299

San Pedro

457 W 13th Street

None Beds

None Baths

4,190 Sq.Ft.

$1,299,999

MLS#: WS25151299

A rare find: two fully detached homes on one lot in the heart of San Pedro—perfect for income, multigenerational living, or both. The front home, 623 W 18th Street, is a classic Spanish-style with white stucco, clay tile roof, and a spacious 3-bedroom, 2-bath layout with wood floors, a functional kitchen, and a bright living area. The private, fenced backyard is ideal for relaxing or entertaining, and the basement offers valuable extra storage. A detached two-car garage and a newer roof (installed in 2018) complete the home. The rear home, 621 W 18th Street, built in 2007, offers a 2-bedroom, 2-bath layout with a walk-in closet in the primary suite, in-unit laundry off the kitchen, and gated two-car covered parking for added security and convenience. Each home has a separate entrance, outdoor space, and is fully fenced for privacy. Both are separately metered for gas, electricity, and water—streamlining management and expense tracking. Whether you're looking to live in one and rent the other, house extended family, or expand your investment portfolio, this well-maintained duplex delivers flexibility and long-term value in one of San Pedro’s most loved neighborhoods. Just over one mile from Cabrillo Beach and only one mile from the highly anticipated 42-acre West Harbor development—a future hub for waterfront dining, shopping, and entertainment—this property offers both lifestyle and investment upside.
#SB25159694

San Pedro

623 W 18th Street

None Beds

None Baths

2,197 Sq.Ft.

$949,000

MLS#: SB25159694

San Pedro is in the middle of a major transformation. West Harbor is reimagining the old Ports O' Call into a vibrant waterfront destination with chef-driven restaurants, retail, and live entertainment. AltaSea is creating a world-class ocean innovation campus focused on climate and sustainability, while thousands of new housing units, arts spaces, and cultural districts like Little Italy LA are shaping a bold new future. This prime multi-family property offers a rare opportunity to invest in San Pedro’s growth. Thoughtfully maintained, the four-unit building features spacious 2-bedroom, 1-bath layouts, each occupied by long-term tenants for steady income. Recent updates include fresh paint and brand-new windows, while well-kept landscaping adds to the property’s inviting curb appeal. Located in a desirable neighborhood near the evolving waterfront and with easy access to the 110 freeway, the property offers everyday convenience near parks, schools, dining, and shopping. Don’t miss the chance to secure a valuable asset in a prime location as San Pedro steps into its next chapter.
#OC25153713

San Pedro

233 W Oliver Street

None Beds

None Baths

3,314 Sq.Ft.

$1,069,000

MLS#: OC25153713

** PRICE IMPROVEMENT - Seller is MOTIVATED ** Competitively priced to get attention from INVESTORS who are serious about adding a stable income property to their portfolio. This well maintained Fourplex in the heart of bustling San Pedro, CA is a solid investment property that offers a 4.1 CAP Rate and a 16.01 GRM with plenty of upside potential. Three Units are the popular Townhouse style floorplan with the Kitchen, Living Room, 1/2 Bathroom and a Pivate Backyard Patio downstairs - 2 Bedrooms and full Bathroom upstairs. The fourth Unit is a one level 2 Bedroom/1 Bathroom Unit that sits above the Garages in the back. Each unit comes equipped with their own Laundry Hookups and are each metered separately for gas and electricity for optimum return on your investment. If you're not familiar with San Pedro, now is the time to take look at this hidden Coastal Gem in the South Bay. Close proximity to shopping, restaurants, freeway access, Cabrillo Beach, Battleship USS Iowa Museum, AltaSea and the West Harbor Development in the Port of LA - a vibrant waterfront destination for dining, shopping, entertainment and waterside experiences in the Port of LA.
#SB25149582

San Pedro

1431 S Gaffey Street

None Beds

None Baths

4,252 Sq.Ft.

$999,000

MLS#: SB25149582

Fantastic opportunity to acquire a meticulously maintained bread-and-butter triplex with a tantalizing CAP rate in San Pedro. Acquire this awesome unit mix of three updated two-bedroom units, all with garage parking, spanning a total of 3,118 sf across a 5,003 sf RD 1.5 zoned lot. This property is comprised of a spacious 2/1 1,000+sf standalone house built in 1915 (subject to RSO), and a back duplex with two newer 2/2s built in 1988. According to current information and belief, the 1988 builds are not subject to LA City RSO, but subject to AB1482 (buyer to verify) such that this building makes sense for owner occupants and investors alike. There are also several avenues to add value, such as repositioning the leases, and potentially converting the garages to ADUs to maximize return. This property is ideally situated nearby schools, parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future, not to mention proximity to Downtown San Pedro, the Arts District, and the in-progress West Harbor Waterfront Development at the Port of Los Angeles which will further cement demand with its one-mile-long waterfront promenade, a pop-up park, an off-leash membership dog park, overwater dining & bar, 20,000sf beer garden, waterside attractions, and an amphitheater! Don't miss out, call today!
#25553639

San Pedro

670 W 15th Street

6 Beds

None Baths

3,118 Sq.Ft.

$950,000

MLS#: 25553639

Great Duplex in Prime San Pedro Location-Discover this fantastic investment opportunity or multi-generational living solution in the heart of San Pedro. This duplex features two units. The First unit includes 2 bedrooms 1 home office room and 1.5 bathrooms, with an ocean view from the upstairs bedrooms, while the second unit offers 2 bedrooms and 1.5 bathrooms- perfect for extended family, rental income, or live-in-one/ rent-the-other flexibility. Both units include washer/dryer hookups and private two-car garages. There is also a remote gated entrance to the side of the home with ample space that can be used for extra parking or RV's There is additional storage with a dedicated shed area next to the garages. Located near schools, churches, dining, parks, freeways, and the Port of Los Angeles, this duplex is ideally situated for commuters and locals alike.
#CV25121653

San Pedro

927 W 6th Street

None Beds

None Baths

2,344 Sq.Ft.

$1,100,000

MLS#: CV25121653

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here