$807,000

125 N Bandini St San Pedro, CA 90731

$9,583
Closing credit¹
0.1 acres
Multi-Family

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

Home typeTriplex
HeatingWall Furnace
StatusActive
Lot size0.1497 Acres
Year built1922
ParkingDetached Carport, On Street
MLS #PW24228132
ViewCity Lights, Neighborhood

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

IDX 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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view of exterior entry featuring covered porch

$807,000

125 N Bandini St

$9,583

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 13, 2016
Home Sold
$375,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

11%
<35k
54%
35k-100k
32%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

42%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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