721 W 39th ST Active

San Pedro,CA 90731

$ 1850000

12 Beds

7 Baths

5384 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,384 sqft

Price per Sqft $343

MLS Listing ID 24403469

Bedrooms 12

Year Built 1964

Lot Size 6,102 Sqft

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 181 - Point Fermin

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Garage

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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