$825,000

Beds: 5
Baths: 3
Sqft: 2,175
Sqft lot: 8,252
Acre lot: 0.19
69 Days On Market

Contact Call Realty

Property listed by Compass, Mike Naylor. IDX Contact: 310-241-3038

Status: Pending
Property Type: Triplex
Year Built: 1944
Days On Website: 69
Perched from this hillside overlooking the booming Port of Los Angeles, one can’t help but envision this property being cradled in immense opportunity. The location of this single-level TRIPLEX is snugly situated in the “heartbeat” of San Pedro, which has undergone rapid redevelopment in recent years with the much touted $150M West Harbor project as the center attraction. Sitting on a 8,252 sq ft lot, this triplex includes a detached 3 car garage as well as a spacious common area that can be utilized for play, bbq or relaxation. Enjoy a beautiful backdrop of the San Pedro Harbor, and admire the Vincent Thomas Bridge as it lights up the evening sky. The front unit offers 1 bedroom/1 bath while the other two units are 2 bedroom/1 bath. Two of the 3 units are currently without tenants and need attention, but consider it a blank canvas to create something special. The remaining third unit is well maintained and will be delivered without tenants at close. Having all units empty will give the new owner the opportunity to upgrade each unit to maximize rent at, perhaps, above market rates due to its prime location. Another option would be to maximize zoning potential and rebuild completely, taking advantage of the gorgeous views if deciding to build up. An additional investment advantage of this property is that it is located within the Opportunity Zone offering significant tax benefits to the new owner. This is an exciting time to invest in San Pedro and be a part of its growth.

 Features

Bathrooms

  • 3 full bathrooms
  • 3 total bathrooms
  • 3 bathrooms on main level

Bedrooms

  • 5 total bedrooms
  • 5 bedrooms on main level

House

  • Built in 1944
  • Stories: 1
  • 2,175 sqft living area
  • No Common Walls
  • One
  • Triplex

Community

  • Street Lights
  • Sidewalks

Cooling

  • No cooling

Garage

  • 3 garage spaces

Interior Features

  • All Bedrooms Down

Laundry

  • Common Area

Listing

  • Listing ID: SB22076274
  • Property Subtype: Triplex
  • 10 days on market
  • Listed on 2022-04-26

Location

  • County: Los Angeles

Lot

  • 8252 sqft
  • 0.1894 acres
  • Area: 8252
  • 0-1 Unit/Acre

Parking

  • 3 total parking spaces

Property

  • 3 units
  • Bridge(s)

Schools

  • High School District: Los Angeles Unified

Sewer

  • Public Sewer

Property Map

Map View


$825,000 - 536 N Palos Verdes Street, San Pedro, CA 90731

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536 N Palos Verdes Street
San Pedro, CA 90731
County: Los Angeles

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