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$450,000
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Property Description
***50% Sale*** of a well-located 4-unit multifamily property in the highly desirable Point Fermin neighborhood of San Pedro. Constructed in 1956, the asset comprises approximately 3,288 square feet of improvements situated on a 6,400 square foot lot. The building features a consistent unit mix of four 2-bedroom, 1-bath units, offering efficient layouts and broad tenant appeal.
The property provides stable in-place income with potential for rental growth and operational upside, supported by strong fundamentals in this coastal submarket. It represents a compelling opportunity for investors seeking to expand a portfolio with a well-positioned asset offering both current cash flow and long-term appreciation potential.
Ideally located within walking distance of Point Fermin Park, the Korean Bell of Friendship, and scenic coastal bluff trails, the property benefits from a supply-constrained location that continues to drive consistent tenant demand and low vacancy. The property also offers convenient access to Cabrillo Beach, the San Pedro waterfront, and nearby retail and dining amenities, further enhancing its long-term desirability.
Full Property Details
Full Property Details for 672 W 37th
General
- Sold For: $450,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IN26058256
- Added to Site: 126 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Assigned, Garage Faces Front, Driveway
- Parking: Assigned, Garage Faces Front, Driveway
Location
- Area: 181 - Point Fermin
- County: Los Angeles
- Development Name: 181 - Point Fermin
- Driving Directions: S. Gaffey Street to W. 37th Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,288
- Year Built: 1956
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.147
- Lot Size Source: Assessor
- Lot Description: Sprinklers Timer
Financial Considerations
- Price Per Sq. Ft.: $136.86
- Price Per Unit: 156250
Listed by Fredericks Realty,Broker, Danny Fredericks and Fredericks Realty, Derf Fredericks
Sold by Fredericks Realty, Dina Dreizler
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Schools
Schools serving 672 W 37th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731 | K-6 | 1.1 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 1.4 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 672 W 37th
Date
Details
Price
Change
Source
7/17/2026
Sold
$450,000
-28%
MLS
3/17/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
672 W 37th, San Pedro, CA 90731 (MLS# IN26058256) is a Multi-Family property that was sold at $450,000 on July 17, 2026. Want to learn more about 672 W 37th? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

