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125 N Bandini Street

San Pedro, CA 90731

– beds
– baths
– sqft
6,523 sqft lot
1922 build
– on site

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!

Listed By CRMLS_CA / Melinda Elmer / Century 21 Masters / 562-316-2915

Last checked: Checking… • Last updated Nov 15, 2024 •

MLS# PW24228132 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1922
Year Built Source:

Appraiser
New Construction:

No
Entry Level:

1
Common Walls:

No Common Walls
Number With Patio:

2
Building Area Total:

1617.00
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

3
Stories Total:

1
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Levels:

One
Entry Location:

1
Window Features:

Screens
Flooring:

Vinyl
Room Type:

All Bedrooms Down, Kitchen, Laundry, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Individual Room
Laundry:

1

Location

Directions:

Cross streets are N Bandini and W First St
Latitude:

33.74384100
Longitude:

-118.29926600

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LCC2*
Lot Features:

Back Yard, Walkstreet
Lot Size Area:

6523.0000
Lot Size Acres:

0.1497
Lot Size SqFt:

6523.00
Lot Size Source:

Estimated
View:

1
View:

City Lights, Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

3
Tax Census Tract:

6099.00
Tax Tract:

1034
Tax Lot:

26

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7452013019

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Included:

Yes

The Community

Senior Community:

No
Neighborhood:

La Rambla
Features:

Sidewalks, Storm Drains, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Detached Carport, Street
Parking Spaces:

2.00
Carport Spaces:

2.00

Extra Units

Number With Dishwasher:

1
Number With Refrigerator:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/15/24 Nov 15, 2024	Price Changed	CRMLS_CA	$899,000	-4.9%
11/6/24 Nov 6, 2024	Listed / Active	CRMLS_CA	$945,000	152.0% (18.8% / YR)
10/13/16 Oct 13, 2016		CRMLS_CA	$375,000	-6.0%

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This multifamily located in Harbor, Los Angeles, CA 90731 is currently for sale for $899,000. 125 N Bandini Street is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 125 N Bandini Street is in the Harbor neighborhood of Los Angeles and has a WalkScore® of 80, making it very walkable.

Listing Courtesy of: CRMLS_CA and Century 21 Masters. Based on information from California Regional Multiple Listing Service, Inc. as of 23:37 on Nov 16.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.