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$1,499,000   Price Analysis
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770 W 2nd St
San Pedro, CA 90731
7 bed 4 bath 3,731 SqFt ($401/SqFt)
5,001SqFt lot. Built 1988
Listed 2024-07-18, Taxes $5,480
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this unique turnkey 7 bedrooms/4 bathrooms 3

731 sq ft Triplex built in 1988 (not subject to RSO rent control) sitting on a 5, 001 sqft elevated lot with Ally Access in the highly desirable Holy Trinity Area of San Pedro, ideal for an extended family or investor offering panoramic ocean and hill views from both front-facing units. Substan tial investment has gone into the property during the last months (new roof, new deck/balcony, new windows, new flooring, new appliances). This one-of-a-kind property offers numerous development or usage options for the future owner. How about increasing the Gross Annual Income frm over 120k to over 140k by converting the three-car garage into an ADU while keeping 4 car parking spaces in the back of the property? The perfect owner-user unit mix (all separately metered for gas and electricity) consists of 2x2 bedroom/1 bathroom (around 880 sq ft each) and one gorgeous close to 2, 000 sq ft 3 bedrooms/2 bathrooms Penthouse Unit offering a Primary Bedroom with ensuite bathroom, Open Fireplace, around 600 sq ft Deck and Balcony in front (with ocean views) and.andand.

Whether you are looking to invest or settle down, this property provides you with all the flexibility and comfort you desire, so hurry, as this opportunity will not be long on the market. All units will be delivered free of tenants at the close of escrow.


Presented by Gabriela Bermudez at
Las Lomas Realty, Inc.
Listing Agent Photo

Property MLS #SB24143534 from CRMLS

Bedrooms: 7

Beamed Ceilings
Copper Plumbing Full
Quartz Counters
Recessed Lighting
Tile Counters
Door Features: Mirror Closet Door(s), Panel Doors
Flooring: Tile, Vinyl
Window Features: Double Pane Windows

Appliances: Dishwasher, Double Oven, Disposal, Gas Range, Water Line to Refrigerator
Appliances YN: Yes
Laundry Features: Individual Room, Inside, Washer Hookup

All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry

Full Bathrooms: 4

Fireplace Features: Living Room
Heating Features: Central, Wall Furnace
Heating: Yes

Lighting
Fencing: Fence YN: Yes, Fencing: Block, Wrought Iron
Road Frontage Type: City Street

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1148072
Lot Size Source: Assessor
Lot Size Square Feet: 5001

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Assigned, Driveway, Garage - Single Door, Garage Door Opener
Parking Total: 6

View: City Lights, Harbor, Neighborhood, Ocean
Green Energy Efficient: Roof, Windows

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Community Features: Curbs, Sidewalks, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Cap Rate: 8.40
Other Expense: 600.00
Source Property Type: Residential Income
Insurance Expense: 1600.00
Area: 187 - Holy Trinity
Source Neighborhood: 187 - Holy Trinity
New Taxes Expense: 18750.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 7451010016
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$354,902 + $76,175
$431,077
$5,480
2021$347,944 + $74,682
$422,626
$5,394
2020$344,377 + $73,917
$418,294
$5,442
2019$337,625 + $72,468
$410,093
$5,238
2018$331,005 + $71,048
$402,053
$5,145
2017$324,515 + $69,655
$394,170
$5,035
2016$318,152 + $68,290
$386,442
$4,883
2015$313,374 + $67,265
$380,639
$4,814
2014$307,236 + $65,948
$373,184
$4,847
2013$305,848 + $65,650
$371,498
$4,848
2012$299,851 + $64,363
$364,214
$4,913
2010$293,972 + $63,101
$357,073
$4,824
2009$292,469 + $62,779
$355,248
$4,620
2009$291,775 + $62,630
$354,405
$4,620
2008$unknown + $61,549
$61,549
$784
2007$unknown + $60,343
$60,343
$728

Listed 2024-07-18
$1,499,000
CRMLS
Sold 2023-12-28
$765,000
CRMLS
Listed 2023-12-04
$795,000
CRMLS
Sold 1977-12-02
$35,000
Public Record

Net Operating Income: 100250.00

Total Square Feet Living: 3731
Year Built: 1988
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 2
Entry Location: 1
Foundation Details: Slab
Property Age: 36
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
House Style: Contemporary
Year Built Source: Assessor

Electric Expense: 1200.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3600.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Cabrillo Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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Richard Henry Dana Middle School is a public middle school located approximately 0.8 miles away.
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San Pedro Senior High School is a public high school located approximately 0.9 miles away.
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Wiser Generation, The is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.