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.
For sale
$1,675,000
721 W 39th St, San Pedro, CA 90731
12beds
7baths
5,384sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$1,665,900 Zestimate®
$311/sqft
$-- HOA
What's special
Spacious unitsScenic cliffside walking paths
- 7 days
- on Zillow |
- 530 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 05:06pm
Listed by:
Jonathan Weir DRE # 02038545 707-225-2402,
Marcus & Millichap 424-405-3900
Source: CLAW,MLS#: 25544867

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Heating
- Wall
Cooling
- None
Appliances
- Included: Disposal, Range/Oven, Refrigerator
Interior area
- Total structure area: 5,384
- Total interior livable area: 5,384 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,102.76 Square Feet
- Dimensions: 50 x 122
Details
- Additional structures: None
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1964
Community & HOA
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $1,825,800
- Date on market: 5/29/2025
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