721 W 39Th Street

San Pedro, CA 90731

$1,850,000

List Price

12

bed Beds

7

shower Baths

5,384 sqft

straighten / sqft

1964

calendar_month Built

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.

Listing Information

List Price $1,850,000
Status Active
MLS 24403469
Type Residential Income
Year Built 1964
Lot Size 6,101
Structure Size 5,384
DOM 64
Courtesy Of Marcus & Millichap
Listing Agent Jonathan Weir DRE#02038545

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 7
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jonathan Weir, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 9th, 2024 at 9:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.