3103 S Pacific, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Residential Income Triplex presents a Prime Investment Opportunity, listed at $839,000—positioned well below the $860,990 Fair Market Value by 2%. This valuation gap offers $21,990 in Instant Equity. Featuring Ocean Views, a Private Balcony, and Three Detached Garages, the property maintains a Condition Rating of 4, suggesting modernization potential. With proximity to Top-Rated Schools like Taper Avenue Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3103 S Pacific Subject | $839,000* List Price | 0 | 0 | 2,240 | $384 | - |
A 623 W 18th Street Sold | $910,000 | 5 | 4 | 2,197 | $414 | 0.8 mi |
B 829 W 26th Street Sold | $940,000 | 0 | 0 | 2,493 | $377 | 0.5 mi |
C 3046 S Kerckhoff Pending | $875,000 List Price | 0 | 0 | 1,900 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1951 and features a very dated kitchen with older tile countertops and cabinetry that appear to be over 30 years old. While the listing mentions 'pride of ownership' and the addition of vinyl windows, the interior finishes and likely the plumbing/electrical systems are aged and require modernization to meet current standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated in the desirable Point Fermin area, this property offers stunning ocean views of Fort MacArthur and Cabrillo Beach, located just steps from the scenic bluffs of Paseo Del Mar.
The extra-large upper-level owner's unit features a custom fireplace and a large private balcony, allowing a buyer to enjoy a premium residence while offsetting mortgage costs with income from two additional units.
Built in 1951, the property may require modernization of older systems or cosmetic updates to fully capture the 'huge upside rent potential' mentioned in the listing.
While the area has access to high-performing schools, the closest elementary school carries a low rating, which may impact appeal for families with school-aged children.
EXTRA LARGE, UPPER LEVEL, 2 BEDROOM 1 BATH OWNERS UNIT, WITH CUSTOM FIREPLACE AND LARGE PRIVATE BALCONY. Well maintained Triplex, a few short blocks to Cabrillo Beach and Cabrillo Marina. Upstairs two bedroom owners unit with large patio overlooking Fort Mac Arthur and Cabrillo Beach. Perfect Opportunity for an Owner User to occupy one of the units and collect the additional income from the other 2 units to help with the monthly payments. Prime Point Fermin, South San Pedro location steps to all of the ocean, water sports activities, and the scenic Ocean Bluffs along Paseo Del Mar. Long term owners. Huge upside rent potential. Three single Private detached garages vinyl windows throughout. Three separate laundry rooms, which will accommodate side-by-side washer and dryers. Pride of ownership property. Hurry this won’t last!!!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,240 | 1,676 |
| Lot Size | 5,009 | 5,101 |
| Price | $839.0K | $998.9K |
| Price per sq ft | $375 | $457 |
| Built year | 1951 | 1923 |
| HOA | $0 | $0 |
| Days on market | 44 | 108 |
Jun 8, 2026
$839,000
Initial Listing
Aug 2, 2021
$795,000
Public Record
Jan 29, 1999
$325,000
Public Record