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.
Property Details
Price:
$1,675,000
MLS #:
25544867
Status:
Active
Baths:
0
Address:
721 W 39th Street
Type:
Residential Income
Neighborhood:
181pointfermin
City:
San Pedro
Listed Date:
May 26, 2025
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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721 W 39th Street
San Pedro, CA
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