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1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
1509 S Palos Verdes Street, San Pedro CA 90731
California>Los Angeles>Coastal San Pedro

1509 S Palos Verdes StreetSan Pedro, CA 90731

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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.

Listed by Anthony Walker

·

License #01908153

·

Buckingham Investments, Inc

·

310-561-4776

Listed by Josh Ess

·

License #02035659

·

Buckingham Investments, Inc

Last updated November 04, 2025

·

Source: CRMLS #SB25234250

Listing Facts

  • TypeMulti-family
  • NeighborhoodCoastal San Pedro
  • Days on Prevu43

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/04/2025
Price Decreased
$1,200,000
10/29/2025
Status changed to Active
$1,250,000
10/23/2025
Status changed to Removed from Feed
$1,250,000
10/07/2025
Listed by Buckingham Investments, Inc
$1,250,000

Property Details for 1509 S Palos Verdes Street

Association

Amenities

  • Community Features: Suburban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1989
  • Common Walls: 2+ Common Walls
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: 1

Features

  • Direction Faces: East
  • Fencing: Block, Wood
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 3,556
  • Building Area Units: Square Feet
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,502
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,502
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.4
  • Gross Income: $100,344.00
  • Operating Expense: $42,964.00

Taxes

  • Parcel Number: 7456020014

Other

Location

  • Tax Block: 31
  • Tax Lot: 14

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Total: 3

Utilities

Equipment

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

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.