125 N Bandini ST Active Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24228132
Year Built 1922
Lot Size 6,520 Sqft
Property Description
Price Improvement for a Prime Investment in San Pedro!!!! Discover 125 N Bandini St, a well-maintained triplex on a 6,526 sqft lot in San Pedro, Los Angeles. Offering significant income potential, this property has three tenant-occupied units in an unincorporated area, providing flexibility for redevelopment and the advantage of no rent control. With a strong Gross Scheduled Income (GSI), it ensures a steady rental income stream in a high-demand area—a great opportunity to invest in San Pedro's expanding market. Designed with tenant satisfaction in mind, it features modern amenities, low vacancy rates, and the potential for future rental increases.
The front unit is a 2-bed, 1-bath home featuring a newly remodeled kitchen, down to the studs, with updated seismic bracing, a new roof, and brand-new windows. The middle unit is a cozy 1-bed, 1-bath residence that has undergone cosmetic improvements, including a new roof. Similarly, the back unit, also 1-bed, 1-bath, has been refreshed with cosmetic upgrades and a new roof. There is a two-car carport available.
This property offers incredible potential for both income generation and future growth. Located in a prime area with the county planning to up-zone for mixed-use development, this property's value and usage opportunities are set to expand significantly. Ideally situated just minutes from the ocean, the Ports O' Call Village Redevelopment, local dining on Gaffey Street, and iconic landmarks like the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur, this property has ideal access to the best of San Pedro. With convenient freeway access and a community on the rise, this triplex makes an exceptional investment in San Pedro's vibrant, growing market!You can also find this listing under MLS: PW24245138
Location
State CA
County Los Angeles
Area 187 - Holy Trinity
Zoning LCC2*
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Detached Carport,On Street
Pool None
Community Features Storm Drain(s),Street Lights,Sidewalks
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected
View Y/N Yes
View City Lights,Neighborhood
Building
Lot Description Back Yard,Walkstreet
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard