Keegan Cin | Realtor® | License # DRE 01971604

Property

San Pedro, CA 90731 721 W 39th Street

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Presented By: Jonathan Weir with Marcus & Millichap;
  • MLS# 25544867
  • 05/28/2025
  • Request Tour
  • Request Info
  • Beds • 12
  • Baths • 7
  • SQFT • 5,384
  • Garage • 1
  • Year Built • 1964

Home Details

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.
Presented By: Jonathan Weir with Marcus & Millichap;

Interior Features for 721 W 39th Street

Bedrooms

Total Bedrooms12

Bathrooms

Half Baths0
Total Baths7
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 721 W 39th Street

Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator
Attached Garage No
Carport Y/NNo
CitySan Pedro
CoolingNone
CountyLos Angeles
DirectionsW 39th St & S Gaffey St
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income133440.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6101.0
Lot Size UnitsSquareFeet
MLS Area181 - Point Fermin
MobileHomeRemainsYNNo
Net Operating Income85887.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1964
ZoningLAR2

Exterior for 721 W 39th Street

Building Area Total5384.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x122
Lot Size Acres0.1401
Lot Size Area6101.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo

Additional Details

Price History

Justin Hughey

Price $1,675,000
MLS#25544867
List Date 05/28/2025
Property Type Multi-Family
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Request Info

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