721 W 39th St, San Pedro, CA 90731 - Photo 1

1/1

$1,620,000

Sold
Closed
Multi-Family
12 Total Beds

1/1

Property Description

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.

Full Property Details

Full Property Details for 721 W 39th St

General

Sold For: $1,620,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 25544867
Added to Site: 280 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 7

Bedrooms

Total Bedrooms: 12

Additional Information

Other Features: None

Parking

Garage Description: Garage

Location

Area: Point Fermin
County: Los Angeles
Driving Directions: W 39th St & S Gaffey St

Heating & Cooling

Cooling Type: None
Heating Type: Wall

Structural Information

# Buildings: 1
Stories/Levels: 2
Square Feet: 5,384
Sq. Ft. Source: Vendor Enhanced
Year Built: 1964
Year Built Source: Vendor Enhanced

Unit Information

Units in Complex: 5
Unit Type: 2106, 2107

Unit 1

Total Bathrooms: 2
Bedrooms: 3

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.1401
Lot Size: 6101
Lot Size Source: Vendor Enhanced
Lot Dimensions: 50 x 122
Zoning: LAR2

Financial Considerations

Price Per Sq. Ft.: $305.53
Assessment Year: 1964

Disclosures and Reports

Disclosures/Reports: None
APN: 7467-021-002

Listed by Marcus & Millichap, Jonathan Weir
Sold by Keller Williams Palos Verdes, Stephen Haw

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Listing agent

— 721 W 39th St —

Jonathan Weir

Marcus & Millichap

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NMLS#: 1598647

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Schools

Schools serving 721 W 39th St

School District:Los Angeles Unified School District

Name	Grades	Distance
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731	K-6	1.2 mi
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731	7-8	1.5 mi
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 721 W 39th St

Date

Details

Price

Change

Source

1/09/2026

Sold

$1,620,000

-1.52%

MLS

11/14/2025

Price Reduced

$1,645,000

-1.79%

MLS

5/26/2025

Listed

$1,675,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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721 W 39th St, San Pedro, CA 90731 (MLS# 25544867) is a Multi-Family property that was sold at $1,620,000 on January 09, 2026. Want to learn more about 721 W 39th St? 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.

721 W 39th St San Pedro, CA 90731