3621 S Pacific Avenue

San Pedro, CA 90731

  • 0 Bed(s)
  • 0 Bath(s)
  • 12,678 Sqft
  • 6876
    Sqft(Lot)
$2,750,000

Description

Located in the charming point fermin/palisades neighborhood of san pedro, 3621 south pacific is an 4-story, 18 unit multifamily property available for

sale for the first time in nearly 23 years! this investment opportunity is being offered at a 5.59% cap rate and 9.42 grm – at an enticing cost per unit of only $152,778 (after may increases). a new owner has the ability to step into an already cashflowing asset with further upside potential of approximately 22%! the property features a unit mix of (6) one bedroom units and (12) studio units, several of which have large, forward facing windows with terrific views of the pacific ocean. current ownership has always been attentive with staying ahead of capex work and the building is in good shape. the building is close to cabrillo beach, the marina, as well as the brand new west harbor redevelopment! the immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. san pedro is known for it's small-town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49131001

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1929
    • Building Area Total: 12,678

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1579
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6876

  • Listing Price Information

    • Original List Price: 2,750,000
    • Listing Contract Date: 2025-03-27

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7467015016

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 181 - Point Fermin
    • Directions: On Pacific Ave
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: 181 - Point Fermin
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 96
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
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BuyOwner last updated this listing 04/04/2025 @ 02:58

  • MLS: SB25067550
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 12,678 sqft, 6,876 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Pedro , in zip code 90731, this Los Angeles County Home are nearby neighborhoods.