Extroadinary opportunity to own income property located in the highly desireable "Palisades" area in San Pedro. First time on market since 1984! Immaculate pride of ownership. This investment property is for the descriminating owner/occupant or investor. Rented since 2010 the downstair 3 bd 2 ba unit can be used as the owners unit is approx. 1600 Sq.Ft. (buyer to verify) spacious living rm w/laminate flooring, nice sized kitchen w/eating area, tile counter tops & laminate flooring, family rm w/laminate flooring & its own private patio. 3 bd all carpeted includes a master suite & full master full ba. Another full ba in the hallway. This unit has direct access to a 1 car garage w/alley access & full laundry hookup & a1 car parking space on the driveway in front of garage. Rented since 2010, the upper front unit is approx. 925 Sq.Ft. (buyer to verify) large spacious living rm w/a open air balcony & partial ocean view. The kitchen w/vinyl flooring & eating area. In the hallway there is a full ba w/tile floors, newer vanity sink & granite countertops. 2 bd w/carpeting includes a master suite & master ba. 1 car designated garage w/alley access, water heater & a parking space on the driveway, in front of the garage. Rented since 2020 the 2nd upper rear unit is approx. 925 Sq.Ft. (buyer to verify) remodeled approx. 2 yrs ago w/large living rm, laminate flooring, remodeled kitchen & eating area w/granite counter tops, tile floors & opens out to a private balcony. Full ba in the hallway w/newer vanity & cultured stone counter tops. 2 bd include master bd & 3/4 master ba. 1 car designated garage w/alley access, water heater & a parking space on the driveway in front of garage. Building amenities: Coin operated laundry room shared by the 2 upstairs units. Separate electrical meters for each unit. 1 water meter for entire building, which owner pays for the water that averages $210.00 per month. Radiant heating in all units except for downstair 3 bedroom unit which has partial radiant heating & wall heaters. 1 car garage w/1 tandem space per unit. Upgrades: Repiped w/PEX water piping in 2018. New vinyl windows & sliders throught building in 2013. New front exterior pavers & low maintenance landscaping done in 2019. This prime neighborhood is centrally located with just a few blocks away from Pt. Fermin park, Korean Bell, Cabrillo Beach & Royal Palms. Close to shops, restaurants, schools, banks, hospital and minutes away from the 110 freeway.