624 W 38th Street

San Pedro, CA 90731

  • 5 Bed(s)
  • 5 Bath(s)
  • 1,944 Sqft
  • 6502
    Sqft(Lot)
$1,600,000

Description

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 you’re 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. don’t miss this rare opportunity!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48645820

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer
    • Fireplace: Electric
    • Flooring: Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

    Fireplace

    • Fireplace Features: Electric
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1918
    • Building Area Total: 1,944

    Pool Features

    • None

    Laundry Features

    • Inside,In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1493
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6502

  • Listing Price Information

    • Original List Price: 1,600,000
    • Listing Contract Date: 2025-02-03

    Lease Information

    • Lease Term: 12 Months
    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7467014028

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: 12 Months
    • Tenant Pays: Electricity,Gas,Insurance,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 181 - Point Fermin
    • Postal Code Plus 4: 6923
    • Directions: NA
    • Zoning: LAR1
    • Source Property Type: Residential Income
    • Area: 181 - Point Fermin
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 107
    • Common Walls: No Common Walls
    • Structure Type: Triplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front door
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BuyOwner last updated this listing 02/23/2025 @ 05:30

  • MLS: SB25033598
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 1,944 sqft, 6,502 sized lot, and 2 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.