30
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$1,485,000
$1,499,999 1.0%
Est. payment /mo
4 Beds
4 Baths
Sold on 08/26/2025
624 W 38th Street San Pedro, CA 90731
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Key Details
Sold Price $1,485,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25132186
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Opportunity! Attention Homebuyers and Investors - Don't miss this amazing home for sale. A perfect blend of comfort and potential. Completely renovated down to the studs and better than new, this stunning corner triplex in the highly desirable Point Fermin area of San Pedro offers exceptional income potential. Sitting on a corner lot just moments from the ocean, this property offers two sleek one-bedroom, one-bath units (Units A and C) on the first floor and a spacious two-bedroom, two-bath unit with an upstairs (Unit B) with breathtaking views of the port and coastline stretching from Palos Verdes to Malibu. Every inch has been meticulously upgraded with brand-new plumbing, electrical, furnace, flooring, kitchens, and bathrooms, making it completely move-in ready. The expansive lot also presents an incredible value-add opportunity with space to build two 800 sq. ft. ADUs (buyer to verify with the city), unlocking even more rental income potential. Perfectly positioned just moments from the beach, parks, waterfront dining, and the iconic Point Fermin Lighthouse, this fully turnkey investment allows you to establish market rents immediately or expand for even greater returns. A rare opportunity to own a high-performing property in one of Los Angeles most promising coastal neighborhoods. Whether youre looking to maximize cash flow, expand your portfolio, or live in one unit while renting out the others, this is the ultimate investment in coastal LA real estate. Dont miss this rare opportunity!
Location
State CA
County Los Angeles
Zoning Public Rec
Exterior
View Y/N No
Building
Story 2
Listed by Sendi Khatcheressian Keller Williams Los Angeles
Bought with Katharine Meier KDM Realty Group
Bought with Katharine Meier KDM Realty Group