721 W 39th St, San Pedro, CA 90731
- $1,850,000
- 12
- BD
- 7
- BA
- 5,384
- SqFt
- List Price
- $1,850,000
- MLS#
- 24-403469
- Year Built
- 1964
- Bedrooms
- 12
- Bathrooms
- 7
- Living Sq. Ft
- 5,384
- Lot Size
- 6,101
- Days on Market
- 98
- Property Type
- Multifamily
- Stories
- 2
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.
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Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Garage
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Courtesy of Marcus & Millichap, Jonathan Weir - CA DRE#02038545
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