564 W Macarthur, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Turnkey Triplex is a High-Potential Investment Opportunity, listed at $1,150,000—positioned well below the $1,171,171 Fair Market Value by 1.8%. Featuring a Mint Condition Rating with $100,000 in recent capital improvements, the property offers RSO Exemption and a fully renovated owner's unit. With Distant Mountain Views and potential for ADU Development, this asset provides immediate rental upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, income-generating property in a growing San Pedro market.
Property is new construction or fully renovated.
The property features a fully renovated owner's unit with high-end modern finishes in the kitchen and bathrooms. Recent capital improvements exceeding $100,000 include upgraded electrical panels, plumbing, and exterior work, placing the renovated portions and systems in mint condition.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Built in 1981, this triplex is not subject to the Los Angeles City Rent Stabilization Ordinance (RSO), providing investors with significantly greater rental flexibility and the ability to adjust rents to market rates more freely.
The property features over $100,000 in recent upgrades, including a fully renovated vacant owner's unit with high-end finishes, upgraded electrical panels, new plumbing, and fresh exterior paint, ensuring a turnkey experience.
The two occupied upper units are currently generating rents of $1,724 and $1,641, which appear to be below market value for renovated 2-bedroom units in this area, limiting immediate cash flow from those units.
The property is served by some lower-rated local schools, such as Barton Hill Elementary (rated 2/10), which may be a consideration for long-term tenants with school-aged children.
Pride of Ownership 3plex located on a quiet residential street in San Pedro. Built in 1981, the property is NOT subject to Los Angeles City RSO, providing greater rental flexibility for ownership. The entire ground floor is occupied by a spacious fully renovated VACANT owner's unit with two separate entrances. Property is an ideal opportunity for an owner-user or investor seeking immediate rental upside. The upper level consists of two bright and airy 2-bedroom, 1-bath units rented at $1,724 & $1,641. Recent extensive capital improvements of over $100,000, including upgraded electrical panels, plumbing , exterior paint, concrete work, new fencing, and a complete renovation of the owner's unit with high-end finishes. Situated on a large lot with generous rear yard space, the property offers potential for ADU development to further increase income (buyer to verify). Conveniently located near shopping, dining, schools, parks, freeway access and new Waterfront Development.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,835 | 1,676 |
| Lot Size | 5,401 | 5,101 |
| Price | $1.15M | $998.9K |
| Price per sq ft | $406 | $457 |
| Built year | 1981 | 1923 |
| HOA | $0 | $0 |
| Days on market | 14 | 108 |
Jul 8, 2026
$1,150,000
Initial Listing
Oct 31, 2019
$691,500
Public Record