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$1,675,000

Est. payment - /mo

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12 Beds

7 Baths

5,384 SqFt

Active

721 W 39th ST San Pedro, CA 90731

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,384 sqft

Price per Sqft $311

MLS Listing ID 25544867

Bedrooms 12

HOA Y/N No

Year Built 1964

Lot Size 6,102 Sqft

Property Description

We are pleased to present a rare coastal investment opportunity located just moments from the cliffs of the Pacific Ocean in a quiet, residential neighborhood. This well-maintained multifamily property consists of five spacious units three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units with an average unit size of 1,076 square feet. The property has undergone significant upgrades, including soft-story seismic retrofitting, new exterior railings, fresh exterior paint, and a recently renovated interior in one of the 3-bedroom units. Residents enjoy the peaceful surroundings and close proximity to scenic cliffside walking paths, creating a highly desirable living environment. With a projected 36% upside in rental income, this asset presents a compelling opportunity for investors seeking a high-quality, income-generating property with strong long-term potential.

Location

State CA

County Los Angeles

Area 181 - Point Fermin

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Garage

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7467021002

Special Listing Condition Standard

Listed by Jonathan Weir • Marcus & Millichap

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