Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.2X GRM on actuals plus a 27% upside to a GRM of 10.4X and a 6.3% cap rate at market rents.
Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach. Less than a mile 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.
Listed by Anthony Walker
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License #01908153
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Buckingham Investments, Inc
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310-561-4776
Listed by Josh Ess
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License #02035659
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Buckingham Investments, Inc
Last updated November 04, 2025
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Source: CRMLS #SB25233883
Listing Facts
TypeMulti-family
NeighborhoodCoastal San Pedro
Days on Prevu44
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/04/2025
Price Decreased
$1,145,000
10/29/2025
Status changed to Active
$1,195,000
10/23/2025
Status changed to Removed from Feed
$1,195,000
10/18/2025
Status changed to Active
$1,195,000
10/17/2025
Status changed to Removed from Feed
$1,195,000
10/06/2025
Listed by Buckingham Investments, Inc
$1,195,000
Property Details for 684 W 23rd Street
Association
Amenities
Community Features: Suburban
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1999
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: 1
Features
Direction Faces: South
Fencing: Block
Road Frontage Type: City Street
Measurements
Building Area Total: 3,266
Building Area Units: Square Feet
Lot Features: Rectangular Lot
Lot Size Acres: 0.11
Lot Size Area: 5,001
Lot Size Source: Assessor
Lot Size Square Feet: 5,001
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.5
Gross Income: $86,844.00
Operating Expense: $31,955.00
Taxes
Parcel Number: 7465001028
Other
Location
Tax Block: 6
Tax Lot: 29
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Total: 2
Utilities
Equipment
Electric: Standard
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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.
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.