622 W 2nd Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Income-Generating Triplex is listed at $840,000, offering a versatile multi-unit configuration in a high-demand coastal submarket. While the price sits above the $774,129 Fair Market Value, the property’s Condition Rating of 4 and recent updates—including a totally remodeled studio—ensure immediate rental readiness. The asset features individual entrances, private outdoor spaces, and a one-car garage with neighborhood views. Located near the highly-rated Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10), this property is a prime candidate for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 622 W 2nd Street Subject | $840,000* List Price | 0 | 0 | 1,552 | $499 | - |
A 548 Bonita Street Sold | $666,500 | 0 | 0 | 1,578 | $422 | 0.4 mi |
B 974 W 5th Street Sold | $625,000 | 0 | 0 | 1,648 | $379 | 0.5 mi |
C 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.6 mi |
D 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 0.6 mi |
E 322 S Grand Avenue Active | $799,000 List Price | 0 | 0 | 1,452 | $550 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this triplex shows signs of regular maintenance and some recent updates, such as a 'totally remodel' studio unit and a new water heater in another. However, the main unit's kitchen features dark wood cabinets, speckled laminate countertops, and tile flooring that appear dated, likely from a renovation 15-30 years ago. The bathrooms also feature older-style beige tiling. While functional and move-in ready, the property requires minor updates to modernize the aesthetics of the primary living spaces. The lack of central cooling in all but the studio unit also contributes to a 'fair' rating, as major components are functional but show signs of being outdated.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
This property is a well-maintained triplex, offering three distinct units with individual entrances, providing excellent potential for rental income or multi-generational living.
Situated in the 'heart of San Pedro,' the property boasts easy access to a variety of amenities including shopping, dining, entertainment, and public transportation, enhancing its desirability.
Built in 1915, the property's age may lead to higher ongoing maintenance costs and potential for unforeseen repairs compared to newer constructions.
Only the studio unit (624 1/2) is explicitly mentioned as having an AC unit, suggesting the other two units may lack central air conditioning, which could be a drawback during warmer months.
With a total of 1552 square feet across three units, the individual living spaces are relatively compact, which might limit appeal for tenants seeking more spacious accommodations.
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.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 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 | 1,552 | 2,258.5 | 20% |
| Lot Size | 4,998 | 5,001.5 | 37% |
| Price | $840.0K | $985.0K | 20% |
| Price per sq ft | $541 | $470 | 65% |
| Built year | 1915 | 1928 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 210 | 211 | 50% |
Feb 6, 2026
$840,000
$849,000
-1% Price Drop
Initial Listing
Sep 24, 2025
$849,000
Initial Listing
Nov 2, 2022
$780,000
Public Record
Apr 13, 2021
$640,000
Public Record
Jun 5, 2018
$360,000
Public Record