Listing provided courtesy of Jonathan Weir of Marcus & Millichap. Last updated 2025-06-18 08:11:47.000000. Listing information © 2024 Sandicor.
Asking Price: $1,675,000 |
721 39th, San Pedro CA 90731
Community: 181 - Point Fermin
This property was built in 1964 and is priced at $1,675,000. Please see the additional details below.
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.