622 W 2nd Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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622 W 2nd Street
San Pedro, California 90731
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,552Sq Ft
4,998Lot Size
Property Price
LIST PRICE$825,000
EST. MARKET VALUE
$781,253
5% AboveMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $825,000—positioned well above the $781,254 Fair Market Value by -5%. While priced slightly above market, the property features a Condition Rating of 3, highlighted by a totally remodeled studio and well-maintained units. With private yards, electric gate parking, and basement storage, this property offers strong rental versatility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a house-hack strategy in San Pedro.
Estimated Market Value
$781,253
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 622 W 2nd Street Subject | $825,000* List Price | 0 | 0 | 1,552 | $503 | - |
A 322 S Grand Avenue Sold | $765,000 | 0 | 0 | 1,452 | $527 | 0.1 mi |
B 584 W 3rd Street Sold | $790,000 | 0 | 0 | 1,428 | $553 | 0.1 mi |
C 981 W Upland Sold | $725,000 | 0 | 0 | 1,585 | $457 | 0.7 mi |
D 981 W Upland Sold | $725,000 | 4 | 2 | 1,585 | $457 | 0.7 mi |
E 782 W 14th Street Sold | $665,000 | 0 | 0 | 1,664 | $400 | 0.8 mi |
F 782 W 14th Street Sold | $665,000 | 2 | 2 | 1,664 | $400 | 0.8 mi |
G 827 N Gaffey Sold | $825,000 | 0 | 0 | 1,420 | $581 | 0.6 mi |
H 622 W 2nd Street Active | $830,000 List Price | 0 | 0 | 1,552 | $535 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1915, the property is well-maintained with significant updates including a totally remodeled studio unit with AC and a new water heater. Interior photos show clean hardwood flooring and well-kept living spaces, indicating the property is functional and move-in ready for tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Multi-Unit Income Potential
This well-maintained triplex features three distinct units (2BR/1BA, 1BR/1BA, and a Studio), offering excellent versatility for rental income or an owner-user setup in the heart of San Pedro.
- Modernized Studio Unit
The studio unit has been completely remodeled and includes a dedicated AC system, providing a turnkey, high-quality living space that enhances the property's overall marketability.
CONSRISKS & DEFICIENCIES
- Century-Old Construction
Originally built in 1915, the property may require higher long-term maintenance and capital expenditures for aging infrastructure compared to newer residential income properties.
- Low Local School Ratings
The closest elementary schools have low performance ratings (2 and 3), which may deter family-oriented tenants and potentially impact long-term appreciation.
About 622 W 2nd Street
This is a great triplex, well maintained in the heart of San Pedro. Each unit have own entrance. Front Unit #622 offers 2 spacious rooms, 1bath, living room, dining room, kitchen and indoor laundry. Front cover porch. Private back yard and electrical gate to park one car. Additional storage room on basement and one car garage. Unit 624, Offers 1 bedroom and one bath. Private yard and laundry room (detached) New water heater. 624 1/2 studio, totally remodel, have ac unit and access to the laundry room (detached). Back units have rear access thru the alley. The property location offers easy access to variety of amenities, including shopping, dining, entertainment and public transportation.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1915
- Lot Size
- 4,998 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Barton Hill Elementary School
Grades K-6 • 0.3 mi
2/10
Cabrillo Avenue Elementary School
Grades K-5 • 0.4 mi
3/10
Bandini Street Elementary School
Grades K-6 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.3 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,552 | 2,854.929 |
| Lot Size | 4,998 | 5,420.5 |
| Price | $825.0K | $949.9K |
| Price per sq ft | $532 | $400 |
| Built year | 1915 | 1955 |
| HOA | $0 | $0 |
| Days on market | 31 | 76 |
Pricing History
Listed for Sale
Aug 9, 2026
$825,000
Initial Listing
Sold
Nov 2, 2022
$780,000
Public Record
Sold
Apr 13, 2021
$640,000
Public Record
Sold
Jun 5, 2018
$360,000
Public Record