Listing provided courtesy of Anthony Walker of Buckingham Investments, Inc. Last updated . Listing information © 2025 Sandicor.
Asking Price: $1,200,000 | Active
1509 Palos Verdes Street, San Pedro CA 90731
Community:
This ResidentialIncome property was built in and is priced at $1,200,000. Please see the additional details below.
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 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% 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.
