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721 W 39th St, San Pedro, CA 90731

List Price: $1,675,000On Market FlagOn market
May 26, 20255,384 sqft12 beds7 baths
Listed by: Jonathan Weir
License #: 02038545
Phone #: 424-405-3855
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25544867

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,940

TurboHome Estimated Value

$1,535,500

$285 sqft

High Valuation
$1,612,275
$299/sqft
Normal Valuation
$1,535,500
$285/sqft
Low Valuation
$1,458,725
$271/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$285/sqft$1,535,500

Location

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