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Millman Team Real Estate

$995,000
0.11 Acre Lot

977 W 2nd Street, San Pedro, California 90731

  • Residential Income Property Type
  • 1959 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
OC25131242
$995,000
1959
0.11 Acre
Active
1
Triplex
Features
: None
: In Kitchen
: Public Sewer
$0
Address Map
CA
Los Angeles
San Pedro
90731
2nd
977
Street
W119° 42' 5.5''
N33° 44' 31.8''
Located at the corner of 2nd Street and Bandini
187 - Holy Trinity
W
LCC2-R2*
Additional Information
$0
$0
$0
$0
$0
2310
: Sidewalks, Street Lights, Curbs, Storm Drain(s)
1
6.0
: One
: 2-5 Units/Acre
3
2025-06-11
1045000
1
1
: Public
Broker/Agent Information
Alliance Investment RE Group
Ruben Khorsandi
Listing Information
SKHORRUB
H08168
Cash to New Loan
Active
2026-08-24T18:49:03Z
CRMLS
: Standard
2026-03-30T09:43:02Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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