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125 N Bandini St, San Pedro, CA, 90731

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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125 N Bandini St, San Pedro$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDetached Carport, On Street
Year Built1922
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewCity Lights, Neighborhood
MLS #PW24228132
Lot Size0.15 Acres
StatusActive

About 125 N Bandini St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1

Listing Office:

  • Office Name: Century 21 Masters
  • Office Phone: (562) 316-2915
  • Listing Agent: Melinda Elmer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Flooring Type: Vinyl
  • Interior: All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood

Parking Information:

  • Parking: Detached Carport, On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross streets are N Bandini and W First St

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000

Tax Information:

  • Annual Amount: $5,102
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24228132

Listing Office:

  • Office Name: Century 21 Masters
  • Office Phone: (562) 316-2915
  • Listing Agent: Melinda Elmer

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2016Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,102$402,074
2020$4,941$397,952
2019$4,816$390,150
2018$4,718$382,500
2017$4,718$375,000

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-421713
6
/10

  • Bandini Street Elementary

  • 425 N Bandini St

  • 0.18 miles

  • Public District Grades KG-6

school-card-donut-421714
5
/10

  • Cabrillo Avenue Elementary School

  • 732 S Cabrillo Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-421715
3
/10

  • Barton Hill Elementary School

  • 423 N Pacific Ave

  • 0.66 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,757. Most Los Angeles County, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›San Pedro›90731›125 N Bandini St

This home is located at 125 N Bandini St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This home, which was built in 1922, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $899,000.

In October 2024 more than 1713 listings in Los Angeles County, CA were sold above the asking price. During the same period more than 559 listings were sold at asking price, while more than 1711 were sold below. In October 2024 in Los Angeles County, CA there were 6.7% more homes for sale than in September 2024. Listings spent 35 days on the market in October 2024, and had a median list price of $900,722 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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