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Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS24072258
Sold Date 06/18/24
HOA Y/N No
Year Built 1935
Lot Size 5,349 Sqft
Property Description
Special Triplex with Rent Control Exempt back Duplex!! Front single unit falls under rent control however it will be delivered VACANT! Discover a lucrative income-producing multiplex in the highly desirable Holy Trinity area of San Pedro. This updated and well-maintained investment includes a front unit featuring a spacious open layout with 2 bedrooms, 1 bath, and convenient in-unit laundry facilities. The unit opens up to a private, expansive front yard, perfect for entertainment and relaxation.
The back section houses two additional units: the second unit offers 2 bedrooms and 2 baths, complete with a balcony that boasts panoramic views of the Vincent Thomas Bridge and Long Beach Harbor. The third unit is a well-updated 1 bedroom, 1 bath residence with an open floor plan, including a spacious kitchen, a large, private backyard ideal for family gatherings, shared laundry room.
All units are in fair condition. The back building has a roof that was replaced in early 2024, ensuring low maintenance for the new owner. A long and spacious driveway provides ample parking for over five vehicles, supplemented by easy-to-find street parking. Positioned directly across from Leland Park, and minutes away from downtown LA, Rancho Palos Verdes, and Long Beach, this property ensures a combination of comfort, convenience, and strong rental appeal.
Enjoy easy access to major freeways, including the 110, 405, 710, and 91, along with proximity to San Pedro's historic downtown area. The local scene includes vibrant restaurants, a weekly farmers market, scenic walking trails, and engaging art galleries. Experience all that San Pedro has to offer in this outstanding investment property.
Location
State CA
County Los Angeles
Area 187 - Holy Trinity
Zoning LAR1
Interior
Fireplace No
Laundry Common Area, Laundry Closet
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7447016013
Acceptable Financing Submit
Listing Terms Submit
Financing FHA
Special Listing Condition Standard
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Bought with Mark Tawfik • eXp Realty of California Inc