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629 N Cabrillo Avenue

San Pedro, CA 90731
  • $960,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • ID#: WS24072258
Under Contract
UPDATED: 148 min ago
$960,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Listing Agent(s): May Kunka of Compass-Pasadena (626-205-4040)


Description

Special Triplex with Rent Control Exempt back Duplex!! Front single unit falls under rent control however it will be delivered VACANT! Discover a lucrative income-producing multiplex in the highly desirable Holy Trinity area of San Pedro. This updated and well-maintained investment includes a front unit featuring a spacious open layout with 2 bedrooms, 1 bath, and convenient in-unit laundry facilities. The unit opens up to a private, expansive front yard, perfect for entertainment and relaxation.The back section houses two additional units: the second unit offers 2 bedrooms and 2 baths, complete with a balcony that boasts panoramic views of the Vincent Thomas Bridge and Long Beach Harbor. The third unit is a well-updated 1 bedroom, 1 bath residence with an open floor plan, including a spacious kitchen, a large, private backyard ideal for family gatherings, shared laundry room.All units are in fair condition. The back building has a roof that was replaced in early 2024, ensuring low maintenance for the new owner. A long and spacious driveway provides ample parking for over five vehicles, supplemented by easy-to-find street parking. Positioned directly across from Leland Park, and minutes away from downtown LA, Rancho Palos Verdes, and Long Beach, this property ensures a combination of comfort, convenience, and strong rental appeal.Enjoy easy access to major freeways, including the 110, 405, 710, and 91, along with proximity to San Pedro's historic downtown area. The local scene includes vibrant restaurants, a weekly farmers market, scenic walking trails, and engaging art galleries. Experience all that San Pedro has to offer in this outstanding investment property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T15:29:25.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/149434534
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629 N Cabrillo Avenue San Pedro, CA 90731

  • Price: $960,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 148 min ago
  • ID#: WS24072258
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1935
Built
Neighborhood:
187 - Holy Trinity
County:
Los Angeles
Area:
187 - Holy Trinity
Property Description
Special Triplex with Rent Control Exempt back Duplex!! Front single unit falls under rent control however it will be delivered VACANT! Discover a lucrative income-producing multiplex in the highly desirable Holy Trinity area of San Pedro. This updated and well-maintained investment includes a front unit featuring a spacious open layout with 2 bedrooms, 1 bath, and convenient in-unit laundry facilities. The unit opens up to a private, expansive front yard, perfect for entertainment and relaxation.The back section houses two additional units: the second unit offers 2 bedrooms and 2 baths, complete with a balcony that boasts panoramic views of the Vincent Thomas Bridge and Long Beach Harbor. The third unit is a well-updated 1 bedroom, 1 bath residence with an open floor plan, including a spacious kitchen, a large, private backyard ideal for family gatherings, shared laundry room.All units are in fair condition. The back building has a roof that was replaced in early 2024, ensuring low maintenance for the new owner. A long and spacious driveway provides ample parking for over five vehicles, supplemented by easy-to-find street parking. Positioned directly across from Leland Park, and minutes away from downtown LA, Rancho Palos Verdes, and Long Beach, this property ensures a combination of comfort, convenience, and strong rental appeal.Enjoy easy access to major freeways, including the 110, 405, 710, and 91, along with proximity to San Pedro's historic downtown area. The local scene includes vibrant restaurants, a weekly farmers market, scenic walking trails, and engaging art galleries. Experience all that San Pedro has to offer in this outstanding investment property.
Exterior Features

Entry Level 2 Entry Location 1 Lot Features Front Yard Number Of Separate Electric Meters 3 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaLaundry Closet Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 3200 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T15:29:25.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): May Kunka of Compass-Pasadena (626-205-4040)