Triplex · 2 recorded sales since 2015
Listing Agent: Olga Wright (DRE #01315042) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 3108017373 · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc. · MLS #SB24176071 · Source: CRMLS
A well-maintained 3-plex in the highly desirable Point Fermin area of San Pedro is a great investment with strong rental income potential from day one... Two of the one-bedroom, one-bath units are already rented at $1,750 and $1,776 per month, while the vacant unit can be rented at market rates, potentially up to $2,407 under the Section 8 program. **For owner-occupants, the vacant unit provides an opportunity to live on-site while generating rental income. Each unit features its own water heater, upgraded kitchen and bathroom, and a private rear patio. Additionally, there are three attached garages—one currently rented for $160 per month—which could be converted into an Accessory Dwelling Unit (ADU) for added income.
Listing description from the November 2024 sale, as reported to CRMLS.