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721 W 39Th St San Pedro, CA 90731

For Sale
$1,645,000

Well-maintained multifamily property with upside potential near the ocean.

Lot size:
0.14 Acres

Property Features for 721 W 39Th St

General Information

Lot size
0.14 Acres

Building Details

Year built
1964

Source: Marcus & Millichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Property Near Pacific Ocean

This multifamily property is located in a quiet, residential neighborhood moments from the Pacific Ocean. The property features five units: three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units. The average unit size is 1,076 square feet. Significant upgrades have been completed, including soft-story seismic retrofitting, new exterior railings, and fresh exterior paint. One of the 3-bedroom units has a recently renovated interior. The property is located near scenic cliffside walking paths. The property offers a projected 36% upside in rental income.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Pedro
County
Los Angeles
State
California
Longitude
-118.29203
Latitude
33.70863

FAQs

What type of property is this?
Apartment building - Well-maintained multifamily property with upside potential near the ocean.
Where is this apartment building located?
The property is located at 721 W 39Th St San Pedro, CA.
What is the asking price?
The asking price for this property is $1,645,000.
What are key features of this property?
This property features: - Projected 36% upside in rental income.; - Multifamily property with five spacious units (three 2-bedroom, 1-bath and two 3-bedroom, 2-bath).; - Prime location near the Pacific Ocean and scenic cliffside walking paths.
More about this property
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