721 W 39th Street, San Pedro, CA 90731

$1,620,000
12
BD
7
BA
5,384
SqFt

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Sold Price
$1,620,000
List Price
$1,645,000
Status
CLOSED
Days on Market
155
Closing Date
Jan 09, 2026
MLS#
25544867
Subtype
Residential Income
Year Built
1964
Bedrooms
12
Bathrooms
7
Living Area
5,384
Lot Size
6,101
Acres
0.14
MLS Area Major
Point Fermin (181)

Property Description

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.

Additional Information

Zoning
LAR2
Appliances
Disposal, Refrigerator
Heating
Wall Furnace
Stories
Two Levels
Levels
Two
Parking Features
Garage

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Selling Office: Keller Williams Palos Verdes.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.