
San Pedro, California 90731
This triplex presents a High-Potential Investment Opportunity with a List Price of $839,000—positioned well below the $871,135 Fair Market Value by 3%. This valuation gap offers $32,135 in Instant Equity. Featuring a 4-garage capacity and a 5-bedroom/3.5-bathroom unit mix, the property provides immediate cash flow. With a Condition Rating of 4, the asset requires cosmetic updates to maximize rental yields. Located near top-rated schools like Taper Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 549 W 12th Street Subject | $839,000* List Price | 5 | 4 | 2,152 | $405 | - |
A 939 941 W 17th Sold | $1,075,000 | 6 | 4 | 2,804 | $383 | 0.6 mi |
B 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.3 mi |
C 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 0.3 mi |
D 1211 Grand Avenue S Active | $879,999 List Price | 0 | 0 | 2,114 | $416 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1931, this triplex is well beyond the 20-year mark for major systems and finishes. While functional and occupied, the kitchens feature dated tile countertops and older cabinetry. Bathrooms show signs of partial, older renovations but remain dated. The presence of window AC units suggests a lack of modern central HVAC, and the listing description explicitly confirms the need for TLC and cosmetic improvements.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The inclusion of four garage spaces is a significant and rare asset for a multi-unit property in San Pedro, offering high value for tenant parking, storage, or potential workspace.
All three units are delivered occupied, providing the next owner with instant rental income and eliminating the initial vacancy risk often associated with new investments.
The property requires 'TLC' and cosmetic improvements, indicating that the buyer will need to allocate additional capital shortly after closing to modernize the units and maximize value.
While occupied units provide immediate income, they also limit the buyer's ability to immediately renovate or reset rents to current market rates, which may delay the full realization of the property's upside.
Opportunities like this are becoming increasingly rare. This versatile triplex offers a unique blend of income potential, flexibility, and long-term value. With a combined total of 5 bedrooms and 3.5 bathrooms across approximately 2,152 square feet, the property provides multiple living arrangements suited for investors, owner-occupants, or multi-generational households. The front unit features 3 bedrooms and 1.5 bathrooms, offering comfortable living space with classic charm and plenty of potential. The second and third units each feature 1 bedroom and 1 bathroom, creating additional rental income opportunities and a desirable unit mix. All three units will be delivered occupied, providing immediate income potential for the next owner. While the property could benefit from some TLC and cosmetic improvements, it offers a solid foundation and the opportunity to add value over time. A standout feature is the four garage spaces, providing ample parking, storage, or potential workspace options—an amenity that is often difficult to find in multi-unit properties. Whether you're looking to expand your investment portfolio, generate rental income, or accommodate a variety of living arrangements, this property offers the flexibility and upside to make it your own. Investment opportunities with strong income potential, a desirable unit mix, and valuable garage space are becoming increasingly hard to find. Don't miss the chance to add this unique property to your portfolio.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 1.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,152 | 1,676 |
| Lot Size | 5,000 | 5,101 |
| Price | $839.0K | $998.9K |
| Price per sq ft | $390 | $457 |
| Built year | 1931 | 1923 |
| HOA | $0 | $0 |
| Days on market | 0 | 108 |
Jun 25, 2026
$839,000
Initial Listing
Mar 9, 2021
$770,000
Public Record
Jan 25, 2013
$360,000
Public Record
Apr 5, 2005
$550,000
Public Record
Oct 1, 2004
$465,000
Public Record