$899,000
125 N Bandini Street San Pedro (los Angeles), CA 90731
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Listed by Melinda Elmer • Century 21 Masters
$899,000
Est. payment /mo
1,617 SqFt
UPDATED:
11/16/2024 04:56 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,617 sqft
Price per Sqft $555
MLS Listing ID CRPW24228132
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1922
Lot Size 6,523 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
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl
Fireplace No
Laundry Laundry Room
Exterior
View City Lights, Other
Building
Lot Description Other, Back Yard
Water Public
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