1509 S Palos Verdes Street, San Pedro, CA 90731

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1509 S Palos Verdes Street,San Pedro (los Angeles), CA 90731
$1,200,000
  • - Beds
  • - Baths
  • 3,556 sq. ft.
  • Multi-family
  • Active
Listed by: anthony walker, josh ess
Office: buckingham investments, inc
MLS#:CRSB25234250
Source:CAMAXMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$337.46

About this home

Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% cap rate at market rents. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.

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Home facts

  • Year built:1989
  • Listing ID #:CRSB25234250
  • Added:49 day(s) ago
  • Updated:November 26, 2025 at 03:02 PM

Rooms and interior

  • Living area:3,556 sq. ft.

Structure and exterior

  • Year built:1989
  • Building area:3,556 sq. ft.
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$337.46
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 26, 2025

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