858-525-5007

1509 Palos Verdes, San Pedro CA 90731 | $1,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 4502 Lot Sq Ft
  • Type: Triplex
  • Stories: 2
  • Year Built: 1989
  • MLS#: SB25234250
  • Community: 185 - Plaza

Listing provided courtesy of Anthony Walker of Buckingham Investments, Inc. Last updated 2025-11-14 09:11:34.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.1 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985