$10,000 Closing Credit¹
#SB25046668, Salvatore Sorrentino, Listing office: Keller Williams Realty
#OC25136753·
Listing office: Alliance Investment RE Group·
Listing agent: Ruben Khorsandi·
Listing office phone: 949-683-6662
$3,585,000 List price
989 W 2nd St San Pedro, CA 90731
0.3 acres
Multi-Family
Property details
About 989 W 2nd St
PORTFOLIO SALE--3 SIDE-BY-SIDE TRIPLEXES ON SEPARATE APNs: We are pleased to offer for sale this well-located property portfolio in the highly desirable Holy Trinity rental market of San Pedro. This asset consists of 3 Triplexes on 3 separate APNs--977, 983 and 989 2nd Street. There's also an excellent unit mix of ALL SINGLE STORY 2 bedroom units--6 of which have been completely renovated with new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, and vinyl windows. There is also central A/C units and in unit washer and dryer hook-ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric along with individual water heaters for each unit which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Property also qualifies for 30 year fixed residential financing. Property is centrally located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. INVESTORS WELCOME!
Highlights
Home typeTriplex
StatusActive
CoolingCentral Air
Lot size0.2732 Acres
Year built1959
ParkingAssigned
MLS #OC25136753
Garage6 spaces
Summary
- Flooring Type: Vinyl
- Interior: All Bedrooms Down
- Garage Space: 6 spaces
- Private Pool: No
- Parking: Assigned
- Cooling: Central Air
- List Price: $3,585,000
- HOA Amount: $0
- Annual Tax Amount: $10,580
- Tax Year: 2024
- Directions: Located at the corner of 2nd Street and Bandini
- Year Built: 1959
- Stories: 1
- Lot Size: 0.2732 Acres
- MLS Number: OC25136753
- MLS Name: CRMLS
- Office Name: Alliance Investment RE Group
- Office Phone: (949) 683-6662
- Listing Agent: Ruben Khorsandi
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: 6/19/2025, 8:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,585,000
989 W 2nd St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 25, 2022 | Home Sold | $795,000 |
| Jan 11, 2022 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $827,118 | $10,580 |
| 2023 | $810,900 | $10,397 |
| 2022 | $97,368 | $1,874 |
| 2021 | $95,460 | $1,842 |
| 2020 | $94,483 | $1,798 |
| 2019 | $92,632 | $1,686 |
| 2018 | $90,816 | $1,657 |
| 2017 | $89,037 | $1,657 |
History based on county public records data.
Nearby schools
6
Bandini Street Elementary
Public District KG-6
0.3 mi
•425 N Bandini St
5
Cabrillo Avenue Elementary School
Public District KG-5
0.4 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. Most families are single, no kids. Residents of this area typically have high school diploma education.
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)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Little Caesars
What do the neighbors drive?
Nissan
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 989 W 2nd St
The listing price of 989 W 2nd St property is $3,585,000.
The property 989 W 2nd St is a multi located in San Pedro, California, 90731.
Active Listing: 989 W 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 989 W 2nd St are: Bandini Street Elementary (GreatSchools Rating 6/10), Cabrillo Avenue Elementary School (GreatSchools Rating 5/10), Barton Hill Elementary School (GreatSchools Rating 3/10), Dana Middle School (GreatSchools Rating 4/10), Dodson Middle School (GreatSchools Rating 8/10), Miraleste Intermediate School (GreatSchools Rating 9/10), San Pedro High School (GreatSchools Rating 6/10), Port of los Angeles High School (GreatSchools Rating 8/10), William J. Johnston Community Day (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,580 (source: MLS/based on county public records data).
The last sale was on January 25, 2022 for $795,000 (source: MLS/tax record).
The year of construction for 989 W 2nd St is 1959.
This home is located at 989 W 2nd 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 June 18, 2025 and is currently priced at $3,585,000.
From Rocket Homes Real Estate and based on county public records data.