134 N Cabrillo Avenue, San Pedro, California 90731, San Pedro, 90731 - bed, bath

134 N Cabrillo Avenue, San Pedro, California 90731 home-pic-0
ACTIVE$850,000
134 N Cabrillo Avenue, San Pedro, California 90731
0Bed
0Bath
2,292Sqft
6,501Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: Triplex property offers significant rental income potential in a desirable location.
Top Cons:
Rent Control: Property is subject to LA City Rent Control, which may limit potential rental income increases.

Compared to the nearby listings

Price:$850.0K vs avg $1.06M ($-214,500)19%
Size:2,292 sqft vs avg 2,371 sqft45%
Price/sqft:$371 vs avg $41936%

More Insights

Built in 1954 (71 years old).
Condition: The property was built in 1954. The listing mentions that one unit has been renovated, but the extent and quality of the renovation are unclear from the images. The other units likely require updates. The kitchens and bathrooms appear functional but outdated. Overall, the property seems to be aged but maintained, fitting the 'Fair' condition.
Year Built
1954
Close
-
List price
$850K
Original List price
$985K
Price/Sqft
$371
HOA
-
Days on market
-
Sold On
-
MLS number
SB24029130
Home ConditionFair
Features
Good View:
View-

About this home

BIG PRICE REDUCTION! MOTIVATED SELLER! San Pedro Triplex with 3 separate houses situtated on a large 6,500 square foot lot. Each unit consists of 2 bedroom, 1 bathroom home with washer and dryer hookup and 3 garage parking spaces in the rear currently used as storage. Back unit #138 has been renovated and ready for your own personal touches to complete the remodel. Views of Vincent Thomas Bridge, home of San Pedro Bay Ports. Great opportunity to live in one as-owner occupied. Great upside rental income potential. Property is under LA City Rent Control

Nearby schools

5/10
Bandini Street Elementary School
Public,K-60.3mi
2/10
Barton Hill Elementary School
Public,K-60.4mi
3/10
Cabrillo Avenue Elementary School
Public,K-50.4mi
9/10
Park Western Place Elementary School
Public,K-50.9mi
5/10
Fifteenth Street Elementary School
Public,K-51.1mi
4/10
Seventh Street Elementary School
Public,K-51.1mi
5/10
Crestwood Street Elementary School
Public,K-61.1mi
9/10
Taper Avenue Elementary School
Public,K-51.3mi
5/10
Leland Street Elementary School
Public,K-61.4mi
7/10
White Point Elementary School
Public,K-62.1mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,K-52.2mi
8/10
Mira Catalina Elementary School
Public,K-52.3mi
4/10
Hawaiian Avenue Elementary School
Public,K-52.4mi
6/10
Eshelman Avenue Elementary School
Public,K-53.2mi
6/10
Harbor City Elementary School
Public,K-53.5mi
4/10
Richard Henry Dana Middle School
Public,6-80.9mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-81.9mi
8/10
Miraleste Intermediate School
Public,6-81.9mi
6/10
Alexander Fleming Middle School
Public,6-83.6mi
4/10
Hudson K-8
Public,K-85.7mi
6/10
San Pedro Senior High School
Public,9-121.0mi
5/10
Phineas Banning Senior High School
Public,9-124.0mi
5/10
Nathaniel Narbonne Senior High School
Public,9-124.2mi
10/10
Palos Verdes Peninsula High School
Public,9-125.2mi
3/10
Cabrillo High School
Public,9-125.7mi
8/10
Palos Verdes High School
Public,9-127.7mi

Price History

Date
Event
Price
05/15/18
Sold
$700,000
Condition Rating
Fair

The property was built in 1954. The listing mentions that one unit has been renovated, but the extent and quality of the renovation are unclear from the images. The other units likely require updates. The kitchens and bathrooms appear functional but outdated. Overall, the property seems to be aged but maintained, fitting the 'Fair' condition.
Pros & Cons

Pros

Income Potential: Triplex property offers significant rental income potential in a desirable location.
Large Lot: The property sits on a large 6,500 sq ft lot, providing ample space and potential for future development.
Renovated Unit: One unit has been renovated, reducing immediate renovation costs and attracting higher-paying tenants.

Cons

Rent Control: Property is subject to LA City Rent Control, which may limit potential rental income increases.
Age: Built in 1954, the property may require ongoing maintenance and potential upgrades to meet modern standards.

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