#PW25079787, David Arredondo, Listing Office: Keller Williams Realty

125 N Bandini St San Pedro, CA 90731
Property details
About 125 N Bandini St
PRICE IMPROVEMENT for a Prime Investment in San Pedro!!!! Discover 125 N Bandini St, a well-maintained triplex on a 6,526 sqft lot in San Pedro, Los Angeles. Offering significant income potential, this property has three tenant-occupied units in an unincorporated area, providing flexibility for redevelopment and the advantage of no rent control. With a strong Gross Scheduled Income (GSI), it ensures a steady rental income stream in a high-demand area—a great opportunity to invest in San Pedro’s expanding market. Designed with tenant satisfaction in mind, it features modern amenities, low vacancy rates, and the potential for future rental increases. The front unit is a 2-bed, 1-bath home featuring a newly remodeled kitchen, down to the studs, with updated seismic bracing, a new roof, and brand-new windows. The middle unit is a cozy 1-bed, 1-bath residence that has undergone cosmetic improvements, including a new roof. Similarly, the back unit, also 1-bed, 1-bath, has been refreshed with cosmetic upgrades and a new roof. There is a two-car carport available. This property offers incredible potential for both income generation and future growth. Located in a prime area with the county planning to up-zone for mixed-use development, this property’s value and usage opportunities are set to expand significantly. Ideally situated just minutes from the ocean, the Ports O' Call Village Redevelopment, local dining on Gaffey Street, and iconic landmarks like the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur, this property has ideal access to the best of San Pedro. With convenient freeway access and a community on the rise, this triplex makes an exceptional investment in San Pedro’s vibrant, growing market!You can also find this listing under MLS: PW24245138 NOTE:The front unit will be delivered vacant.
Highlights
Summary
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
- Flooring Type: Vinyl
- Interior: All Bedrooms Down
- Fireplace: None
- Private Pool: No
- Parking: Detached Carport, On Street
- View: City Lights, Neighborhood
- Heating: Wall Furnace
- Cooling: None
- List Price: $807,000
- Annual Tax Amount: $5,516
- Tax Year: 2024
- Lot: Back Yard
- Directions: Cross streets are N Bandini and W First St
- Year Built: 1922
- Stories: 1
- Lot Size: 0.1497 Acres
- MLS Number: PW24228132
- MLS Name: CRMLS
- Office Name: Century 21 Masters
- Office Phone: (562) 316-2915
- Listing Agent: Melinda Elmer
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$807,000
125 N Bandini St
$9,583
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 13, 2016 | Home Sold | $375,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $426,682 | $5,516 |
2023 | $418,316 | $5,421 |
2022 | $410,115 | $5,158 |
2021 | $402,074 | $5,102 |
2020 | $397,952 | $4,941 |
2019 | $390,150 | $4,816 |
2018 | $382,500 | $4,717 |
2017 | $375,000 | $4,717 |
History based on county public records data.
Nearby schools
6
Bandini Street Elementary
Public District KG-6
0.2 mi
•425 N Bandini St
5
Cabrillo Avenue Elementary School
Public District KG-5
0.5 mi
•732 S Cabrillo Ave
3
Barton Hill Elementary School
Public District PK-6
0.7 mi
•423 N Pacific Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,757. Most San Pedro, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 125 N Bandini St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $807,000.