San Pedro, CA 90731,721 W 39th St
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San Pedro, CA 90731,721 W 39th St
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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$ 1,850,000
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721 W 39th St San Pedro, CA 90731

12 Beds

7 Baths

5,384 SqFt


UPDATED:

07/09/2024 09:26 PM

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 $343

MLS Listing ID 24-403469

Bedrooms 12

Year Built 1964

Lot Size 6,101 Sqft

Acres 0.1401

Property Description

We are pleased to present this rare coastal property seconds from the cliffs of the Pacific Ocean in a quite residential neighborhood. The property is comprised of 5 units three 2b1b units and two 3b2b units. The property has been soft story retrofitted, has new exterior railings, exterior paint, and has recently undergone an interior renovation on one of the three bedroom units. The average square feet of each unit is 1,076 and boast large floorplans. Tenants can enjoy walking the cliffsides, quite peaceful surroundings, and larger units which makes this an ideal investment property. A new owner can benefit from an estimated 36% upside in rents, a great quality piece of real estate, and solid returns.

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


TheMLS (CLAW)
Listed by Marcus & Millichap

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721 W 39th St