San Pedro, CA 90731,721 W 39th St
San Pedro, CA 90731,721 W 39th St
San Pedro, CA 90731,721 W 39th St
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$1,675,000
Est. payment /mo
12 Beds
7 Baths
5,384 SqFt
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Key Details

Property Type Multi-Family

Sub 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

Year Built 1964

Lot Size 6,101 Sqft

Acres 0.1401

Property Sub-Type Multi-Family

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 Point Fermin

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Garbage Disposal, Range/Oven, Refrigerator

Exterior

Parking Features Garage

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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