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.
Property Details
Price:
$1,850,000
MLS #:
24403469
Status:
Active
Baths:
0
Address:
721 W 39th Street
Type:
Residential Income
Neighborhood:
181pointfermin
City:
San Pedro
Listed Date:
Jun 10, 2024
State:
CA
ZIP:
90731
Lot Size:
6,101 sqft / 0.14 acres (approx)
Year Built:
1964
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Schools
Interior
Appliances
Disposal, Refrigerator
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Garage
Parking Spots
5.00
Stories Total
2
Financial
Map
Community
- Address721 W 39th Street San Pedro CA
- Area181 – Point Fermin
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
721 W 39th Street
San Pedro, CA
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