Skip main navigation
Sold for $1,485,000 on 08/26/25
  • Listing Provided by: 

    Sendi Khatcheressian DRE #02244322 818-730-2985,

    Keller Williams Los Angeles,

    Dylan Ellis DRE #02096917 310-867-9317,

    Keller Williams Studio City

    $1,485,000

    624 W 38th St, San Pedro, CA 90731

    4beds
    4baths
    1,944sqft
    Triplex
    Built in 1918
    -- sqft lot
    $1,461,000 Zestimate®
    $764/sqft
    $3,326 Estimated rent

    Owner options

    List your home for rent

    $3,326/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,326/mo

    Rent Zestimate®

    Refinance and save

    $9,211/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $9,211/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: August 26, 2025 at 08:43pm

    Listing Provided by:

    Sendi Khatcheressian DRE #02244322 818-730-2985,

    Keller Williams Los Angeles,

    Dylan Ellis DRE #02096917 310-867-9317,

    Keller Williams Studio City

    Bought with:

    Katharine Meier, DRE #01780997

    KDM Realty Group

    Source: CRMLS,MLS#: SB25132186MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Dryer
    • Laundry: Inside, In Garage
    Features
    • Flooring: Laminate
    • Has fireplace: Yes
    • Fireplace features: Electric
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,944
    • Total interior livable area: 1,944 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: Front door
    • Pool features: None
    Lot
    • Size: 6,502 sqft
    • Features: Lawn
    Details
    • Parcel number: 7467014028
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park
    Location
    • Region: San Pedro

    HOA & financial

    Other financial information
    • Total actual rent: 7300

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,461,000