125 N Bandini Street

San Pedro, CA 90731
$899,000
0.15 acres | #PW24228132
Courtesy of Century 21 Masters

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 are set to expand significantly. Ideally situated just minutes from the ocean, the Ports O' Call Village Redevelopment, local dining on Gaffey Street, and iconic landmarks like the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur, this property has ideal access to the best of San Pedro. With convenient freeway access and a community on the rise, this triplex makes an exceptional investment in San Pedro’s vibrant, growing market!
read more

  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown
  • Property Details
    • Property
      • View:CityLights, Neighborhood
      • Stories:1
      • Lot description:BackYard, Walkstreet
    • Measurements
      • Acres:0.1497
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1922
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityAvailable, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, SewerAvailable, SewerConnected, WaterAv
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$945, 000
  • Other
    • Source
      • MLS #:PW24228132

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00