
San Pedro, California 90731
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,090,000—positioned well below the $1,093,408 Fair Market Value by 0.31%. Featuring a Good Condition Rating with a 2023 unit renovation, this asset offers immediate rental readiness. The versatile unit mix, including a 4-bedroom primary unit, ensures strong demand. Proximity to top-rated schools like Taper Avenue Elementary and Palos Verdes Peninsula High adds long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 364 W 15th Subject | $1,090,000* List Price | 0 | 0 | 3,460 | $316 | - |
A 343 W 12th Street Sold | $1,150,000 | 0 | 0 | 4,090 | $281 | 0.2 mi |
B 534 W 19th Sold | $980,000 | 0 | 0 | 4,000 | $245 | 0.3 mi |
C 1509 S Palos Verdes Street Sold | $1,150,000 | 0 | 0 | 3,556 | $323 | 0.2 mi |
D 939 941 W 17th Sold | $1,075,000 | 6 | 4 | 2,804 | $383 | 0.8 mi |
E 939 941 W 17th Sold | $1,075,000 | 0 | 0 | 2,804 | $383 | 0.8 mi |
F 586 W 1st Street Sold | $850,000 | 0 | 0 | 3,428 | $248 | 0.9 mi |
G 1504 S Grand Active | $969,000 List Price | 6 | 4 | 3,343 | $290 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1987 (37 years old), it is classified as Good due to significant recent updates and a 'well-maintained' status. Specifically, Unit 3 underwent a complete renovation in 2023, and Unit 1 features a fully remodeled bathroom. The interior photos show clean, functional spaces with modern fixtures like ceiling fans, making the units move-in ready for tenants.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a rare and highly desirable four-bedroom, three-bathroom main unit alongside two spacious two-bedroom units, providing excellent flexibility for owner-occupiers or high-capacity rental income.
With one unit fully renovated in 2023 and significant updates to the primary unit's bathrooms, the property reduces immediate CAPEX requirements and allows for premium market-rate rents.
With a large 3,460 square foot building footprint on a 5,001 square foot lot, there is minimal yard or common outdoor area, which may be a drawback for tenants with pets or children.
While the property is exceptionally close to several schools, the immediate neighborhood elementary and middle schools have lower performance ratings, which could impact long-term appreciation and appeal to certain family demographics.
Exceptional investment opportunity with three well-maintained units. Unit 1 features 4 bedrooms and 3 bathrooms, including a fully remodeled full bath. Units 2 and 3 each offer 2 bedrooms and 2 bathrooms, with Unit 3 completely renovated in 2023 (photos taken prior to tenant occupancy). Each unit includes its own laundry hookups and dedicated garage parking. Ideally situated near schools, public transportation, dining options, and a wide range of local amenities.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,460 | 2,320 | 76% |
| Lot Size | 5,001 | 5,001 | 50% |
| Price | $1.09M | $940.0K | 65% |
| Price per sq ft | $315 | $414 | 22% |
| Built year | 1987 | 1946 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 214 | 3% |
May 26, 2026
$1,090,000
Initial Listing
Jun 15, 2018
$985,000
Public Record
Dec 17, 2012
$555,000
Public Record