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Sold for $1,150,000
  • Listing Provided by: Buckingham Investments, Inc
    Bought with: Buckingham Investments, Inc
    $1,150,000

    1509 S Palos Verdes St, San Pedro, CA 90731

    9beds
    6baths
    3,556sqft
    Triplex
    Built in 1989
    -- sqft lot
    $1,242,000 Zestimate®
    $323/sqft
    $2,616 Estimated rent

    Home value

    $1,242,000

    $1.09M - $1.39M

    $2,616/mo

    Zestimate® history
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    $7,268/mo

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    What's special

    Modern layoutsIn unit laundry
    Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and 3 separate 1 car garages. Two out of three units updated in the last 3 years. Very well priced at 11.96X GRM on actuals plus a 26% upside to a GRM of 9.3X and a 6.5% cap rate at market rents. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail Only a few blocks from Cabrillo Marina and Cabrillo Beach.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Anthony Walker DRE #01908153 310-561-4776,

    Buckingham Investments, Inc,

    Josh Ess DRE #02035659 310-982-7055,

    Buckingham Investments, Inc

    Bought with:

    Marc Habib, DRE #02207264

    Buckingham Investments, Inc

    Evelio Suarez, DRE #02235858

    Buckingham Investments, Inc

    Source: CRMLS,MLS#: SB25234250MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,556
    • Total interior livable area: 3,556 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,502 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 7456020014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: San Pedro

    Other

    Other facts
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/18/2025Sold$1,150,000-4.2%$323/sqft
    Source: CRMLS #SB25234250 Report a problem
    12/18/2025Pending sale$1,200,000$337/sqft
    Source: CRMLS #SB25234250 Report a problem
    12/6/2025Contingent$1,200,000$337/sqft
    Source: CRMLS #SB25234250 Report a problem
    11/4/2025Price change$1,200,000-4%$337/sqft
    Source: CRMLS #SB25234250 Report a problem
    10/7/2025Listed for sale$1,250,000+40.1%$352/sqft
    Source: CRMLS #SB25234250 Report a problem
    2/10/2017Sold$892,000-0.8%$251/sqft
    Source: CRMLS #PV16768519 Report a problem
    1/12/2017Pending sale$899,000$253/sqft
    Source: RE/MAX Estate Properties #PV16768519 Report a problem
    12/29/2016Listed for sale$899,000+10.3%$253/sqft
    Source: RE/MAX Estate Properties #PV16768519 Report a problem
    5/11/2007Sold$815,000+239.6%$229/sqft
    Source: Public Record Report a problem
    12/6/1994Sold$240,000+28%$67/sqft
    Source: Public Record Report a problem
    9/1/1994Sold$187,500$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,799 +1.6%$1,035,238 +2%
    2024$12,601 +2%$1,014,940 +2%
    2023$12,359 +4.9%$995,040 +2%
    2022$11,787 +1.4%$975,530 +2%
    2021$11,629 -1%$956,402 +1%
    2020$11,745 $946,596 +2%
    2019$11,745 +4.8%$928,036 +2%
    2018$11,202 $909,840 +11%
    2017$11,202 +11.2%$820,000
    2016$10,077 +0.6%$820,000 +115.8%
    2015$10,014 +110.6%$380,000
    2014$4,756 $380,000 +35.7%
    2012-- $280,000 -41.7%
    2011-- $480,000
    2010-- $480,000
    2009-- $480,000 -37.4%
    2008-- $766,800 +154.8%
    2007-- $300,883 +2%
    2006-- $294,984
    2005-- $294,984 +4%
    2004-- $283,531 +1.9%
    2003-- $278,336 +2%
    2002-- $272,879 +4%
    2000-- $262,284

    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,242,000
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    Estimated market value
    $1,242,000