$1,499,999

beds

baths

1,944

square ft

624 W 38th Street

San Pedro, California 90731

New / MLS #SB25132186 / Multiple Unit (2-4) / San Pedro

Listing information updated 6/13/2025 at 10:22am

Rare Opportunity! Attention Homebuyers and Investors - Don't miss this amazing home for sale. A perfect blend of comfort and potential. Completely renovated down to the studs and better than new, this stunning corner triplex in the highly desirable Point Fermin area of San Pedro offers exceptional income potential. Sitting on a corner lot just moments from the ocean, this property offers two sleek one-bedroom, one-bath units (Units A and C) on the first floor and a spacious two-bedroom, two-bath unit with an upstairs (Unit B) with breathtaking views of the port and coastline stretching from Palos Verdes to Malibu. Every inch has been meticulously upgraded with brand-new plumbing, electrical, furnace, flooring, kitchens, and bathrooms, making it completely move-in ready. The expansive lot also presents an incredible value-add opportunity with space to build two 800 sq. ft. ADUs (buyer to verify with the city), unlocking even more rental income potential. Perfectly positioned just moments from the beach, parks, waterfront dining, and the iconic Point Fermin Lighthouse, this fully turnkey investment allows you to establish market rents immediately or expand for even greater returns. A rare opportunity to own a high-performing property in one of Los Angeles' most promising coastal neighborhoods. Whether you're looking to maximize cash flow, expand your portfolio, or live in one unit while renting out the others, this is the ultimate investment in coastal LA real estate. Don't miss this rare opportunity!

Full Features

Beds Above Grade:

Cooling System:

None

Heating System:

Electric

Appliances:

Dryer

Pool:

Age:

107 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Square Feet:

1,944

Lot Size:

6502 Square Feet

Acreage:

0.1493

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

90731

City:

San Pedro

County:

Los Angeles

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Beds Above Grade:

Cooling System:

None

Heating System:

Electric

Appliances:

Dryer

Pool:

Age:

107 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Square Feet:

1,944

Lot Size:

6502 Square Feet

Acreage:

0.1493

Listing Office: Keller Williams SELA

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.