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$2,750,000
7 Days On Site

3621 S Pacific Avenue
San Pedro, CA 90731

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
12,678
SqFt
$217
/SqFt
1929
Built
County:
Los Angeles
Listed by Josh Cohen of Keller Williams South Bay [email protected]

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3621 S Pacific Avenue3621 S Pacific Avenue3621 S Pacific Avenue3621 S Pacific Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$12,547
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$2,750,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,678 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1579 Acres
Year Built 
1929
MLS® Number 
SB25067550
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoStatus changed to Active
7 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1579
Number Of Stories 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
12678
Water Source 
Public
Zoning 
LARD2
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Building Access 
Front
Community Features 
Curbs
Financing Terms Available 
Cash1031 Exchange
MLS Area 
181 - Point Fermin


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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