989 W 2nd Street, San Pedro, CA 90731

Triplex · For sale · $2,985,000 · MLS# OC25136753

Triplex for sale in Southern California — $2,985,000. 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. Thi…

989 W 2nd Street
For sale

$2,985,000

989 W 2nd Street, San Pedro, CA 90731

TriplexProperty type
1959Year built
0.27 acresLot size
HOA
6 spacesGarage

Facts & features

Interior

Cooling

  • Cooling: Central Air

Appliances

  • Laundry: In Kitchen

Property

Parking

  • Total parking spaces: 6
  • Garage spaces: 6

Lot

  • Lot size: 0.27 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Triplex
  • Property subtype: Triplex

Condition

  • Year built: 1959

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 395 days
  • Status: Active
  • MLS#: OC25136753

Location

  • City: San Pedro
  • ZIP: 90731

About this home

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!

Listing updated: March 27, 2026 at 10:49 AM

Listed by: Ruben Khorsandi, Alliance Investment RE Group

Source: CRMLS, MLS#: OC25136753, Originating MLS: California Regional MLS

Location

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San Pedro

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Facts & features

Interior

Cooling

  • Cooling: Central Air

Appliances

  • Laundry: In Kitchen

Property

Parking

  • Total parking spaces: 6
  • Garage spaces: 6

Lot

  • Lot size: 0.27 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Triplex
  • Property subtype: Triplex

Condition

  • Year built: 1959

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 395 days
  • Status: Active
  • MLS#: OC25136753

Location

  • City: San Pedro
  • ZIP: 90731

Price history

DateEventPrice
10/28/2025Source: CRMLS, #OC25136753Price change$2,985,000-4.8%
6/18/2025Source: CRMLS, #OC25136753Listed for sale$3,135,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-27 10:49:00 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information