629 N Cabrillo Ave, San Pedro, CA 90731

Property Description

Special Triplex with Rent Control Exempt back Duplex!! Front single unit falls under rent control however it will be delivered VACANT! Discover a lucrative income-producing multiplex in the highly desirable Holy Trinity area of San Pedro. This updated and well-maintained investment includes a front unit featuring a spacious open layout with 2 bedrooms, 1 bath, and convenient in-unit laundry facilities. The unit opens up to a private, expansive front yard, perfect for entertainment and relaxation. The back section houses two additional units: the second unit offers 2 bedrooms and 2 baths, complete with a balcony that boasts panoramic views of the Vincent Thomas Bridge and Long Beach Harbor. The third unit is a well-updated 1 bedroom, 1 bath residence with an open floor plan, including a spacious kitchen, a large, private backyard ideal for family gatherings, shared laundry room. All units are in fair condition. The back building has a roof that was replaced in early 2024, ensuring low maintenance for the new owner. A long and spacious driveway provides ample parking for over five vehicles, supplemented by easy-to-find street parking. Positioned directly across from Leland Park, and minutes away from downtown LA, Rancho Palos Verdes, and Long Beach, this property ensures a combination of comfort, convenience, and strong rental appeal. Enjoy easy access to major freeways, including the 110, 405, 710, and 91, along with proximity to San Pedro's historic downtown area. The local scene includes vibrant restaurants, a weekly farmers market, scenic walking trails, and engaging art galleries. Experience all that San Pedro has to offer in this outstanding investment property.