125 North Bandini Street
$899,000
4
3
1,617
1,617
$556
Description
Price Improvement for a Prime Investment in San Pedro! Discover 125 N Bandini St, a well-maintained triplex on a 6,526 sqft lot in San Pedro, Los Angeles. Offering significant income potential, this property has three tenant-occupied units in an unincorporated area, providing flexibility for redevelopment and the advantage of no rent control. With a strong Gross Scheduled Income (GSI), it ensures a steady rental income stream in a high-demand area—a great opportunity to invest in San Pedro’s expanding...Price Improvement for a Prime Investment in San Pedro! Discover 125 N Bandini St, a well-maintained triplex on a 6,526 sqft lot in San Pedro, Los Angeles. Offering significant income potential, this property has three tenant-occupied units in an unincorporated area, providing flexibility for redevelopment and the advantage of no rent control. With a strong Gross Scheduled Income (GSI), it ensures a steady rental income stream in a high-demand area—a great opportunity to invest in San Pedro’s expanding market. Designed with tenant satisfaction in mind, it features modern amenities, low vacancy rates, and the potential for future rental increases. The front unit is a 2-bed, 1-bath home featuring a newly remodeled kitchen, down to the studs, with updated seismic bracing, a new roof, and brand-new windows. The middle unit is a cozy 1-bed, 1-bath residence that has undergone cosmetic improvements, including a new roof. Similarly, the back unit, also 1-bed, 1-bath, has been refreshed with cosmetic upgrades and a new roof. There is a two-car carport available. This property offers incredible potential for both income generation and future growth. Located in a prime area with the county planning to up-zone for mixed-use development, this property’s value and usage opportunities are set to expand significantly. Ideally situated just minutes from the ocean, the Ports O' Call Village Redevelopment, local dining on Gaffey Street, and iconic landmarks like the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur, this property has ideal access to the best of San Pedro. With convenient freeway access and a community on the rise, this triplex makes an exceptional investment in San Pedro’s vibrant, growing market!
- Listed by Melinda Elmer • DRE #01399946 • Brokerage DRE #01849354 • Century 21 Masters • 562-316-2915
Property Details for 125 North Bandini Street
View
City Lights, Neighborhood
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units3.0
Building TypeDetached
Lot Size SourceEstimated
Living Area1617
LISTING UPDATED: 11/15/2024 05:11 AM
Property Details for 125 North Bandini Street
Status | Active |
---|---|
MLS # | PW24228132 |
Days on Market | 11 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.15 AC / 6,523 SF |
County | Los Angeles County |
Building Information for 125 North Bandini Street
Stories1Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,523 SF
Property Information for 125 North Bandini Street
Property History for 125 North Bandini Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 125 North Bandini Street
Taxable ValueLand$341,347Additions$85,335Total$426,682
Tax Record2024$5,516 ($460 / month)
Home Facts
Beds2Total Finished SqFt860 SqFtAbove Grade Finished SqFt860 SqFtStories1Lot Size6,525 SqFtStyleSingle Family ResidenceYear Built1922ZoningLCC2*CountyLOS ANGELESAPN7452-013-019
Schools near 125 North Bandini Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 12 |
Rating | School | Distance |
---|---|---|
Bandini Street Elementary School PublicK to 5 | ||
Rudecinda Sepulveda Dodson Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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