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1311 S Palos Verdes St, San Pedro, CA 90731

$1,195,000

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.

Investment Highlights:
● 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 & 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 Downloads

Address

  • City: San Pedro
  • Country: United States

Detail

Updated on December 14, 2018 at 4:48 pm

  • Price: $1,195,000
  • Property Size: 4,378 Sq Ft
  • Land Area: 4,500 Sq Ft
  • Garage: 3
  • Year Built: 1989
  • Property Type: Triplex, Multifamily
  • Property Status: Active
  • Numbers of Units: 3
  • NOI: $45,883
  • GRM: 16.67
  • CAP RATE: 3.84%
  • Price per Unit: $398,333.33

Contact info

Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin

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