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$2,890,000
72 Days Online

3921 S Pacific Avenue
San Pedro, CA 90731

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Nabil Awada of Matthews Real Estate Investment Services

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562.896.2456
3921 S Pacific Avenue3921 S Pacific Avenue3921 S Pacific Avenue3921 S Pacific Avenue
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Monthly Payment (Est.)

$13,185
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This is an opportunity for an investor to purchase an 8-unit property located in the beautiful Point Fermin neighborhood of San Pedro. The property is comprised of a desirable mix of (2) three-bed/two-bath, (2) two-bed/one-bath, & (4) one-bed/one-bath units. This trophy property has large units that feature balconies and offer breathtaking ocean and harbor views. The well-located property is located steps away from local beaches, ocean bluffs, Point Fermin Park, and the bustling downtown business district and the multi-million dollar "West Harbor" waterfront development and is already underway and scheduled to be completed in the next few years. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Rents at the high end of the range result in 51% upside. Given the desirable location, this is an excellent opportunity for an investor seeking growth, stability, and a hedge against inflation.

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Listing Snapshot
Price 
$2,890,000
Days Online 
72 Days
Bedrooms 
14
Inside Area (SqFt) 
7,174 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1435 Acres
Year Built 
1972
MLS Number 
22200381
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Parking 
AssignedCoveredDoor MultiGarage
Parking Spaces 
14
Number of Stories 
2
Acreage 
0.1435
Zoning 
LARD2
Listing Conditions 
Standard
Interior Features
Cooling 
None
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Community Features
Senior Community 
No
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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