- – beds
- – baths
- – sqft
- 5,000 sqft lot
- 1962 build
- – on site
Prime Triplex Just 2 Blocks from Cabrillo Beach – Ideal for Investors or Owner-Occupants! Don’t miss this rare opportunity to own a well-maintained triplex in the highly desirable Point Fermin neighborhood of San Pedro, just two blocks from beautiful Cabrillo Beach! This income-generating property features three spacious 2-bedroom, 1-bath units, each with in-unit laundry hookups, dual-pane vinyl windows, and two parking spaces (one garage + one driveway per unit). The front unit enjoys a large private patio that spans the width of the building and offers sweeping views toward the beach, including a peek-a-boo ocean view—perfect for relaxing or entertaining. The top-floor “owner’s unit” is move-in ready, featuring an updated kitchen and bathroom, laminate wood flooring, custom paint, and crown molding, with plenty of natural light. A spacious shared backyard offers room for barbecuing, lounging, and outdoor gatherings. Two units are currently tenant-occupied at below-market rents, while the top rear "owner's unit" is ready for immediate occupancy — ideal for an owner-user or to increase rental income. Current gross scheduled income (once the "owner's unit" is rented) is $73,476/year, with pro forma potential of approximately $96,000/year based on market rents. Property is subject to LA City Rent Control. Enjoy unbeatable proximity to Cabrillo Beach and its many amenities, including picnic areas, volleyball courts, bike rentals, the Cabrillo Marine Aquarium, and endless coastal recreation. An excellent opportunity for investors or those looking to live near the ocean while earning passive income!
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Last updated Jun 30, 2025
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MLS# PW25140677 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1962
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2742.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:1
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Stories Total:3
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Entry Level:1
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Number With Patio:2
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Common Walls:No Common Walls
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Faces:East
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# of Separate Gas Meters:3
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Levels:Multi/Split
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Entry Location:1
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Room Type:Kitchen, Living Room
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Laundry:Gas Dryer Hookup, Inside, Washer Hookup
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Laundry:1
Location
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Directions:S. Pacific & Stephen M. White Dr.
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Latitude:33.71244400
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Longitude:-118.28825900
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LAR1
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Lot Features:Back Yard, Lawn, Yard
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Lot Size Area:5000.0000
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Lot Size Acres:0.1148
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Lot Size SqFt:5000.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood, Panoramic, Peek-A-Boo
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Exclusions:tenants' personal property
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2976.02
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Tax Tract:2976.0
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Tax Lot:13
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7467007029
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range
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Included:Yes
The Community
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Driveway, Garage
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Parking Spaces:6.00
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Garage Spaces:3.00
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Uncovered Spaces:3.00
Extra Units
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Average 2 Bed Area:914
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/24/25
Jun 24, 2025
|
Listed / Active | CRMLS_CA | $1,100,000 | 22.2% (3.8% / YR) |
9/4/19
Sep 4, 2019
|
CRMLS_CA | $900,000 | -5.3% | |
7/2/19
Jul 2, 2019
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CRMLS_CA | $950,000 |