1311 S Palos Verdes St, San Pedro, CA 90731

1311 S Palos Verdes St, San Pedro, CA 90731

San Pedro, CA

Property Description

Lyon Stahl is proud to present 1311 S Palos Verdes St, a triplex for sale in San Pedro. This spacious 4,378 SF structure was built in 1989 (non-rent control) and is located blocks from Ports O’ Call Village (Port of Los Angeles) where a massive 400-acre redevelopment is planned. Situated on a 4,500 SF lot, this property features three (3) garages in the rear and a desirable unit mix consisting of three (3) 3-bed/2-bath units, all of which are larger than 1,400 SF. The current owner has extensively remodeled one of the units with new cabinets, counters, bathrooms, etc. Positioned in an up-and-coming San Pedro market with expansive redevelopment plans, this beautiful triplex is a great opportunity for any investor.

<strong>Investment Highlights:</strong>
● 4,378 SF building situated on a 4,500 SF lot
● Desirable unit mix consisting of (3) 3-bed/2-bath units
● Built in 1989 | Not subject to rent-control
● Contains (3) garages in the rear &amp; plenty of street parking
● (1) unit was just completely remodeled | New cabinets, counters, bathroom, etc.
● Great location! Blocks from Ports O’ Call Village (400 AC redevelopment site)

Property Features

  • Sale Price: $1,150,000
  • Area Size: 4,378 SF
  • Land Area: 4,500 SF
  • Year Built: 1989
  • Closing Date: 3/27/19
  • Units: 3
  • Price Per Unit: $398,333.33
  • Market GRM: 12.77
  • Market Cap Rate: 5.54%

Lyon Stahl Investment Real Estate

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