$1,675,000

721 W 39th Street, San Pedro, CA 90731

  • 12 beds |
  • 7 baths |
  • 5,384 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon6,103sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Date Added:
May 26, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 424-405-3900
Listing Agent:
Jonathan Weir : 424-405-3855
MLS ID:
25544867
  • Appliances: DisposalRefrigerator
  • A/C: None
  • Heating: Wall Furnace
  • Parking: GarageParking spaces: 5
  • General: 2
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR27467021002
  • Source: CRMLS

This listing courtesy of Jonathan Weir, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Point Fermin Elementary School

3333 S Kerckhoff Ave, San Pedro, CA, 90731

Grades KG-5

0.42 miles away

D

Dana Middle School

1501 S Cabrillo Ave, San Pedro, CA, 90731

Grades 6-8

1.54 miles away

A

Angel's Gate (Continuation)

3607 S Gaffey St, San Pedro, CA, 90731

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.