We are pleased to present a rare coastal investment opportunity located just moments from the cliffs of the Pacific Ocean in a quiet, residential neighborhood. This well-maintained multifamily property consists of five spacious units three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units with an average unit size of 1,076 square feet. The property has undergone significant upgrades, including soft-story seismic retrofitting, new exterior railings, fresh exterior paint, and a recently renovated interior in one of the 3-bedroom units. Residents enjoy the peaceful surroundings and close proximity to scenic cliffside walking paths, creating a highly desirable living environment. With a projected 36% upside in rental income, this asset presents a compelling opportunity for investors seeking a high-quality, income-generating property with strong long-term potential.
Last updated November 14, 2025
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Source: CRMLS #25544867
Listing Facts
TypeMulti-family
NeighborhoodCoastal San Pedro
Bedrooms12
Days on Prevu199
Size5,384 sqft
Price per sqft$306
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/15/2025
Price Decreased
$1,645,000
10/28/2025
Status changed to Active
$1,675,000
10/21/2025
Status changed to Removed from Feed
$1,675,000
10/20/2025
Status changed to Active
$1,675,000
10/19/2025
Status changed to Removed from Feed
$1,675,000
10/17/2025
Status changed to Active
$1,675,000
10/16/2025
Status changed to Removed from Feed
$1,675,000
10/08/2025
Status changed to Active
$1,675,000
10/07/2025
Status changed to Removed from Feed
$1,675,000
10/04/2025
Status changed to Active
$1,675,000
10/03/2025
Status changed to Removed from Feed
$1,675,000
10/02/2025
Status changed to Active
$1,675,000
10/01/2025
Status changed to Removed from Feed
$1,675,000
09/20/2025
Status changed to Active
$1,675,000
09/19/2025
Status changed to Removed from Feed
$1,675,000
09/18/2025
Status changed to Active
$1,675,000
09/17/2025
Status changed to Removed from Feed
$1,675,000
09/16/2025
Status changed to Active
$1,675,000
09/14/2025
Status changed to Removed from Feed
$1,675,000
09/14/2025
Status changed to Active
$1,675,000
09/12/2025
Status changed to Removed from Feed
$1,675,000
09/12/2025
Status changed to Active
$1,675,000
09/05/2025
Status changed to Removed from Feed
$1,675,000
09/05/2025
Status changed to Active
$1,675,000
09/03/2025
Status changed to Removed from Feed
$1,675,000
09/01/2025
Status changed to Active
$1,675,000
08/28/2025
Status changed to Removed from Feed
$1,675,000
07/24/2025
Status changed to Active
$1,675,000
07/23/2025
Status changed to Removed from Feed
$1,675,000
06/28/2025
Status changed to Active
$1,675,000
06/27/2025
Status changed to Removed from Feed
$1,675,000
05/26/2025
Listed by Marcus & Millichap
$1,675,000
Property Details for 721 W 39th Street
Exterior
Construction
Number Of Units Total: 5
Stories: 2
Stories Total: 2
Year Built: 1964
Measurements
Building Area Total: 5,384
Lot Size Acres: 0.14
Lot Size Area: 6,101
Lot Size Dimensions: 50,122
Lot Size Square Feet: 6,101
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $132,840.00
Taxes
Parcel Number: 7467021002
Interior
Features
Appliances: Disposal, Refrigerator
Measurements
Living Area: 5,384
Rooms
Bathrooms Total Integer: 7
Bedrooms Total: 12
Parking
Parking
Garage: Yes
Parking Features: Garage
Parking Total: 5
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 12 bedrooms in this multi-family home at 721 W 39th Street.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 721 W 39th Street.
How does 721 W 39th Street compare to other multi-family homes in Coastal San Pedro?
This multi-family home is listed 17% above the average price for multi-family homes in Coastal San Pedro and has been on the market for 127 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 5,384 sqft.
721 W 39th Street is a 12-bedroom multi-family home for sale in San Pedro CA 90731. Listed on Prevu for 199 days at $1,645,000. This includes a recent price decrease of $30,000. This home features 5,384 square feet of living space, located in Coastal San Pedro. The median listing price for multi-family homes in this area is $1,170,000. Property amenities include parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.