3445 S Pacific Ave

Los Angeles CA 90731

0.11 ac.

Multi-Family

Last sold for $1,100,000

Timothy Majka, last sold this property on 05 August 2025 after 35 days on market.

Overview

Prime Triplex Just 2 Blocks from Cabrillo Beach Ideal for Investors or Owner-Occupants! Dont miss this rare opportunity to own a well-maintained triplex in the highly desirable Point Fermin neighborhood of San Pedro, just two blocks from beautiful Cabrillo Beach! This income-generating property features three spacious 2-bedroom, 1-bath units, each with in-unit laundry hookups, dual-pane vinyl windows, and two parking spaces (one garage + one driveway per unit). The front unit enjoys a large private patio that spans the width of the building and offers sweeping views toward the beach, including a peek-a-boo ocean viewperfect for relaxing or entertaining. The top-floor owners unit is move-in ready, featuring an updated kitchen and bathroom, laminate wood flooring, custom paint, and crown molding, with plenty of natural light. A spacious shared backyard offers room for barbecuing, lounging, and outdoor gatherings. Two units are currently tenant-occupied at below-market rents, while the top rear "owner's unit" is ready for immediate occupancy ideal for an owner-user or to increase rental income. Current gross scheduled income (once the "owner's unit" is rented) is $73,476/year, with pro forma potential of approximately $96,000/year based on market rents. Property is subject to LA City Rent Control. Enjoy unbeatable proximity to Cabrillo Beach and its many amenities, including picnic areas, volleyball courts, bike rentals, the Cabrillo Marine Aquarium, and endless coastal recreation. An excellent opportunity for investors or those looking to live near the ocean while earning passive income!

Features

6 bedrooms

3 bathrooms

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Los Angeles over the last 12 months, the estimated median property value of 3445 S Pacific Ave is $1.1m.

Median value

$1.1m

Estimated value range

$800k - $1.93m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.