Skip main navigation
For sale
  • Listed by: Alliance Investment RE Group • Ruben Khorsandi • Contact: 949-250-0400
    $2,985,000

    989 W 2nd St, San Pedro, CA 90731

    18beds
    9baths
    6,930sqft
    : 
    Loading
    Get pre-qualified
    Triplex
    Built in 1959
    -- sqft lot
    $2,871,700 Zestimate®
    $431/sqft
    $-- HOA

    What's special

    New paintVinyl windowsGarages for tenants
    PRICE IMPROVEMENT!! 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!
    247 days
    |
    84
    |
    5
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruben Khorsandi DRE #01085411 949-683-6662,

    Alliance Investment RE Group

    Source: CRMLS,MLS#: OC25136753MLS LogoOriginating MLS: California Regional MLS

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 9
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Cooling
      • Central Air
      Appliances
      • Laundry: In Kitchen
      Features
      • All Bedrooms Down
      • Flooring: Vinyl
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 6,930
      • Total interior livable area: 6,930 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Assigned
      • Garage spaces: 6
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Ground
      • Pool features: None
      Lot
      • Size: 0.27 Acres
      • Features: 2-5 Units/Acre
      Details
      • Additional parcels included: 7451013002,7451013031
      • Parcel number: 7451013030
      • Zoning: LCC2*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
      Location
      • Region: San Pedro

      Financial & listing details

      • Price per square foot: $431/sqft
      • Tax assessed value: $843,659
      • Annual tax amount: $10,756
      • Date on market: 6/18/2025
      • Cumulative days on market: 247 days
      • Listing terms: Cash to New Loan
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        $2,871,700

        $2.73M - $3.02M

        $3,395/mo

        Price history

        DateEventPrice
        3/27/2026Listed for sale$2,985,000$431/sqft
        Source: CRMLS #OC25136753 Report a problem
        11/4/2025Listing removed$2,985,000$431/sqft
        Source: CRMLS #OC25136753 Report a problem
        10/28/2025Price change$2,985,000-4.8%$431/sqft
        Source: CRMLS #OC25136753 Report a problem
        10/9/2025Price change$3,135,000-4.6%$452/sqft
        Source: CRMLS #OC25136753 Report a problem
        7/17/2025Price change$3,285,000-8.4%$474/sqft
        Source: CRMLS #OC25136753 Report a problem
        6/18/2025Listed for sale$3,585,000+350.9%$517/sqft
        Source: CRMLS #OC25136753 Report a problem
        1/25/2022Sold$795,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,756 +1.7%$843,659 +2%
        2024$10,580 +1.8%$827,118 +2%
        2023$10,398 +454.7%$810,900 +732.8%
        2022$1,874 +1.7%$97,368 +2%
        2021$1,843 -0.3%$95,460 +1%
        2020$1,848 $94,483 +2%
        2019$1,848 +9.6%$92,632 +2%
        2018$1,686 $90,816 +2%
        2017$1,686 +1.7%$89,037 +2%
        2016$1,658 +3.7%$87,292 +1.5%
        2015$1,598 -0.2%$85,981 +2%
        2014$1,601 $84,297 +2.5%
        2012-- $82,273 +2%
        2011-- $80,661 +0.8%
        2010-- $80,059 -0.2%
        2009-- $80,250 +2%
        2008-- $78,678 +2%
        2007-- $77,136 +2%
        2006-- $75,625
        2005-- $75,625 +23.6%
        2004-- $61,190 +1.9%
        2003-- $60,070 +2%
        2002-- $58,893 +4%
        2000-- $56,607
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: San Pedro

        Getting around

        79 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help