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$1,299,000
110 Days Online

534 W 39th Street
San Pedro, CA 90731

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Edward Kaminsky of eXp Realty of California, Inc

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562.896.2456
534 W 39th Street534 W 39th Street534 W 39th Street534 W 39th Street
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Mortgage Calculator

Monthly Payment (Est.)

$5,927
Calculator powered by Showcase IDX. Copyright ©2022 Information is deemed reliable but not guaranteed.

Hurry on this rare opportunity to own a multi-family property in the highly desirable, quirky, cliffside Point Fermin neighborhood for the same cost as renting. Front 2/1 house: Has its own separate gated shady front yard which served as the owner's home originally but has since been renting short-term monthly on Airbnb averaging $4k-5k/mo. 1CG and driveway with space for 2 vehicles, and street parking is often easy to find as well. Owner provides Airbnb guests with WiFi, Netflix, roof antenna TV, bikes, boogie boards, beach chairs, and towels. 3 queen beds; extra airbeds & cots (and a pack 'n play) for up to 6 guests. 2 portable ACs cool bedrooms well--rarely needed due to ocean breezes. Only about 3 blocks away are awesome Point Fermin and "Sunken City" cliff-side park and hiking, Paseo Del Mar's awesome ocean bluff trail, Cabrillo Beach, Angel's Gate park, and Fort MacArthur. Upper rear 2/1+bonus room: Currently rented at $1450/mo, this is well below market as the tenant has provided informal property management and airbnb hosting services...new owner may wish to negotiate continuing vs max rent increases. Upper deck with ocean peek and 1CG. Lower rear 2/1: Currently rented at $1900/mo also well below market rents with stable tenant. Parking adjacent to unit in alley. All units have upgraded countertops, gas heat, tankless water heaters, ceiling fans, dishwasher, in-unit W/D, carpet or Allure wood-look vinyl (with original hardwood underneath). Yards are low maintenance, low water use synthetic grass & pavers. WiFi AC router covers entire property; tenants split the cost 3 ways. Rear unit is wired for a level 2 EV charger by the alley. During peak summer months the airbnb alone can rent for $6k/mo. per the owner. Or owner-occupy the front house and quickly raise rear unit rents according to local and state rent laws to help supplement your mortgage payment.

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Listing Snapshot
Price 
$1,299,000
Days Online 
110 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,538 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1401 Acres
Year Built 
1956
MLS Number 
SB22174936
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
3 months agoStatus changed to Active
3 months agoStatus changed to Pending
4 months agoListing first seen online
General Features
Acreage 
0.1401
Water 
Public
Sewer 
Public Sewer
Garage Spaces 
2
Parking 
DrivewayGarage
Zoning 
LAR1
Number of Stories 
2
Listing Conditions 
Standard
Parking Spaces 
2
Property Sub Type 
Triplex
Interior Features
Laundry Features 
Inside
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Exterior Features
Lot 
Rectangular Lot
Pool Features 
None
Community Features
Senior Community 
No
MLS Area 
181 - Point Fermin
Community Features 
BikingCurbsFishingSuburbanWater Sports
Association Dues 
0


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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