
San Pedro, California 90731
This Well-Maintained Triplex is a High-Potential Investment Opportunity, listed at $1,190,000—positioned well below the $1,378,162 Fair Market Value by 13%. This valuation gap provides $188,162 in Instant Equity for the incoming buyer. Featuring a rare 4-bedroom primary unit and a 2023 fully remodeled unit, the property maintains a strong Condition Score of 3. With proximity to Top-Rated Schools like Taper Avenue Elementary, this asset is an ideal "house-hack" for Owner-Occupants or a turnkey addition for Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 364 W 15th Subject | $1,190,000* List Price | 0 | 0 | 5,001 | $276 | - |
A 343 W 12th Street Sold | $1,150,000 | 0 | 0 | 4,090 | $281 | 0.2 mi |
B 1012 W 18th Street Sold | $1,160,000 | 0 | 0 | 4,739 | $245 | 0.8 mi |
C 902 S Mesa Street Sold | $1,050,000 | 0 | 0 | 4,402 | $239 | 0.4 mi |
D 789 W 18th Street 3 Sold | $1,277,300 | 0 | 0 | 4,684 | $273 | 0.6 mi |
E 1431 S Gaffey Street Sold | $950,000 | 0 | 0 | 4,252 | $223 | 0.4 mi |
F 358 W 17th Active | $1,195,000 List Price | 0 | 0 | 4,547 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1987 triplex that is move-in ready. While the building is 37 years old, Unit 3 underwent a full modern remodel in 2023 featuring white shaker cabinets, stone countertops, stainless steel appliances, and contemporary laminate flooring. The exterior and other units appear well-kept with dedicated laundry and parking, meeting the criteria for a property that has undergone significant recent updates despite its original build date.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a rare 4-bedroom, 3-bathroom primary unit alongside two 2-bedroom units, offering significant flexibility for an owner-occupant or high-capacity rental income.
With one unit fully remodeled in 2023, individual laundry hook-ups for every unit, and dedicated garage parking, the property is well-equipped to attract and retain quality tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5001, other record living area = 3460.
The building square footage occupies nearly the entire lot, resulting in a lack of private yard space or common green areas for residents.
While the property is located very close to several schools, the immediate neighborhood school ratings are mid-range, which may be a consideration for education-focused tenants.
Exceptional investment opportunity featuring three well-maintained units. Unit 1 offers 4 bedrooms and 3 bathrooms, while Units 2 and 3 each include 2 bedrooms and 2 bathrooms. Unit 3 was fully remodeled in 2023. Every unit has its own laundry hook-up and dedicated garage parking. Conveniently located near schools, public transit, restaurants, and a variety 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 | 5,001 | 2,338.5 | 98% |
| Lot Size | 5,001 | 5,001.5 | 50% |
| Price | $1.19M | $1.04M | 70% |
| Price per sq ft | $238 | $462 | 2% |
| Built year | 1987 | 1928 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 210 | 2% |
Mar 4, 2026
$1,190,000
Initial Listing
Jun 15, 2018
$985,000
Public Record
Dec 17, 2012
$555,000
Public Record