977 W 2nd St, San Pedro, CA 90731 - View 1
977 W 2nd St, San Pedro, CA 90731 - View 2
977 W 2nd St, San Pedro, CA 90731 - View 3
977 W 2nd St, San Pedro, CA 90731 - View 4
977 W 2nd St, San Pedro, CA 90731 - View 5
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977 W 2nd St, San Pedro, CA 90731 - View 9

977 W 2nd St, San Pedro, CA 90731

List Price: $1,195,000On Market FlagOn market
Jun 11, 20252,310 sqft6 beds0 baths
Listed by: Ruben Khorsandi
License #: 01085411
Phone #: 949-250-0400
Alliance Investment RE Group
Source:
CRMLS Logo
MLS #: OC25131242

Property Description

PORTFOLIO SALE--3 SIDE-BY-SIDE TRIPLEXES ON SEPARATE APNs: We are pleased to offer for sale this well-located property portfolio in the highly desirable Holy Trinity rental market of San Pedro. This asset consists of 3 Triplexes on 3 separate APNs--977, 983 and 989 2nd Street. There's also an excellent unit mix of ALL SINGLE STORY 2 bedroom units--6 of which have been completely renovated with new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, and vinyl windows. There is also central A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric along with individual water heaters for each unit which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Property also qualifies for 30 year fixed residential financing. Property is centrally located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. INVESTORS WELCOME!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,986

TurboHome Estimated Value

$963,700

$417 sqft

High Valuation
$1,011,885
$438/sqft
Normal Valuation
$963,700
$417/sqft
Low Valuation
$915,515
$396/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$417/sqft$963,700

Neighborhood: San Pedro

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Comparative Value

$970K

$1.20M

103 W 14th St, San Pedro, CA 90731

Sale Price: $970,000

Selected Comparable

977 W 2nd St, San Pedro, CA 90731

List Price: $1,195,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
977 W 2nd St, San Pedro, CA 90731

977 W 2nd St, San Pedro, CA 90731

List: $1,195,000

Listed: 6/11/2025

Area:2,310 sqft
Price/sqft:$517
Beds:6
Baths:
Year Built:
Lot Size:4,966

Comparable Properties

COMPARABLE
Choose comps
103 W 14th St, San Pedro, CA 90731

103 W 14th St, San Pedro, CA 90731

Sale: $970,000

12/23/20241.26 mi

Area:3,072 sqft
Price/sqft:$316
Beds:6
Baths:
Year Built:
Weight:100.0%

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