Listing by: Melinda Elmer, Century 21 Masters, 562-316-2915

4 Beds

3 Baths

860 SqFt

Active

PRICE IMPROVEMENT!!! DO NOT MISS YOUR OPPORTUNITY!!! This charming property combines a beautifully updated main home and two additional income-generating units, offering a total living space of 1,617 sqft., all set on a spacious 6,526 sqft. lot. Located in an unincorporated area of San Pedro with no rent control, it presents an incredible opportunity to own a versatile property that can grow with you. The 2-bedroom, 1-bathroom main home has been upgraded. Highlights include a fully redesigned kitchen (taken down to the studs), updated seismic bracing, a new roof, and brand-new windows—making it as stylish as it is secure. Behind the main house, you'll find two cozy 1-bedroom, 1-bathroom units. While non-conforming, these rental units have been cosmetically refreshed with new roofs and updates to keep them desirable and tenant-friendly. All spaces are currently occupied, providing steady rental income for the lucky buyer. A convenient two-car carport completes the package, offering covered parking for you or your tenants. This property is not just about what’s here now—it's about what’s coming. With the county considering plans to up-zone the area for mixed-use development, 125 N Bandini St has exciting long-term potential. The location is hard to beat: just minutes from the ocean and iconic San Pedro landmarks like the Ports O’ Call Village redevelopment, the Korean Bell of Friendship, Point Fermin Lighthouse, and Fort MacArthur. Plus, you’re close to great dining on Gaffey Street, easy freeway access, and a vibrant, growing community. Whether you’re looking to settle into the main home and let the ADUs cover your mortgage, keep renting out all three units, or explore future redevelopment, this property offers a world of possibilities. Don’t miss this chance to invest in San Pedro’s rising market—schedule your tour today! You can also find this listing under Residential Income: PW24228132.

Property Details
Price $849,000
Bedrooms 4
Full Baths 3
Total Baths 3
Lot Size Area 6523
Lot Size Area Units Square Feet
Acres 0.1497
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Features Open Floorplan
Exterior Features Curbs,Gutters,Sidewalks,Storm Drains,Street Lights
Year Built 1922
View City Lights,Neighborhood
Heating Wall Furnace
Lot Description Walkstreet
Laundry Features Individual Room,Inside
Pool features None
Parking Description Carport,Street
Parking Spaces 2
Garage spaces 0
Association Fee 0
Geographic Data
Directions Cross streets are N Bandini and W First St
County Los Angeles
Latitude 33.743841
Longitude -118.299266
Market Area 187 - Holy Trinity
Address Information
Address 125 N Bandini Street, San Pedro, CA 90731
Postal Code 90731
City San Pedro
State CA
Country United States
Listing Information
Listing Office Century 21 Masters
Listing Agent Melinda Elmer
Listing Agent Phone 562-316-2915
Attribution Contact 562-316-2915
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Los Angeles Unified
MLS Information
Days on market 17
MLS Status Active
Listing Date Dec 9, 2024
Listing Last Modified Dec 26, 2024
Tax ID 7452013019
MLS Area 187 - Holy Trinity
MLS # PW24245138

This information is believed to be accurate, but without any warranty.
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