Property Details
About this Property
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
MLS Listing Information
MLS #
CRSB25033598
MLS Source
California Regional MLS
Days on Site
53
Interior Features
Appliances
Other, Dryer
Flooring
Laminate
Cooling
None
Heating
Electric
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Contact Information
Listing Agent
Sendi Khatcheressian
Keller Williams Advisors
License #: 02244322
Phone: –
Co-Listing Agent
Dylan Ellis
Keller Williams Studio City
License #: 02096917
Phone: (310) 867-9317
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
624 W 38th St is a Triplex in San Pedro, CA 90731. This – square foot property sits on a 6,502 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,600,000 and was built in 1918. This address can also be written as 624 W 38th St, San Pedro, CA 90731.
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This listing information is up-to-date as of February 27, 2025. For the most current information, please contact Sendi Khatcheressian
