$1,850,000
721 W 39th ST San Pedro, CA 90731
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$1,850,000
Est. payment /mo
12 Beds
7 Baths
5,384 SqFt
UPDATED:
09/30/2024 06:43 PM
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
HOA Y/N No
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
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Garage Garage
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7467021002
Special Listing Condition Standard
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Listed by Jonathan Weir • Marcus & Millichap
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686