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Listed by Anthony Walker • Buckingham Investments, Inc
$ 1,195,000
Est. payment /mo
Active
684 W 23rd ST San Pedro, CA 90731
5,001 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25233883
Year Built 1999
Lot Size 5,001 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.7X GRM on actuals plus a 27% upside to a GRM of 10.8X and a 6% cap rate at market rents. Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach. Less than a mile 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.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Laundry None
Exterior
Garage Spaces 2.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 7465001028
Special Listing Condition Not Applicable
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