- 5 Beds
- 3 Baths
- 5,384 Sqft
- .14 Acres
721 39th Street
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.
Essential Information
- MLS® #25544867
- Price$1,675,000
- Bedrooms5
- Bathrooms3.00
- Square Footage5,384
- Acres0.14
- Year Built1964
- TypeResidential Income
- StatusActive
Community Information
- Address721 39th Street
- Area181 - Point Fermin
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Amenities
- Parking Spaces5
- ParkingGarage
- GaragesGarage
Interior
- AppliancesDisposal, Refrigerator
- HeatingWall Furnace
- CoolingNone
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedMay 26th, 2025
- Days on Market122
- ZoningLAR2
Listing Details
- AgentJonathan Weir
- OfficeMarcus & Millichap
Jonathan Weir, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 5:20am PDT. 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.