Under Contract

672 W 37th

San Pedro, CA 90731
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Bed 8

Bed

Bath 4

Bath

SqFt3,288

Sqft

SqFt6,403

Sqft(Lot)

***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 B ell 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $625,000

AD Id : 76190500

MLS Id : IN26058256

Beds : 8

Lot Size : 6,403 Sqft

Living Area Size : 3,288

Year Built : 1956

Garage : 4

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1956 Building Area Total: 3,288
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.147
  • Lot Size Source: Assessor Lot Size Square Feet: 6403

  • Listing Price Information

    Original List Price: 625,000 Listing Contract Date: 2026-03-17
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7467012016

  • Garage and Parking

    Garage Description: Assigned,Driveway,Garage Faces Front

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 181 - Point Fermin Directions: S. Gaffey Street to W. 37th Street Source Property Type: Residential Income Area: 181 - Point Fermin Property SubType: Quadruplex
  • Building and Construction

    Property Age: 70 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 2 Entry Location: 2 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
233 W Oliver Street, San Pedro, CA, 90731 $1,100,000 8 4 3,314 3,314 SqFt
240 N Mesa, San Pedro, CA, 90731 $950,000 8 5 3,674 3,674 SqFt
338 W 9th Street, San Pedro, CA, 90731 $949,000 6 3 2,766 2,766 SqFt
362 W 11th, San Pedro, CA, 90731 $815,000 4 2 1,932 1,932 SqFt
622 W 2nd Street, San Pedro, CA, 90731 $840,000 3 2 1,552 1,552 SqFt
364 W 15th, San Pedro, CA, 90731 $1,090,000 8 7 3,460 3,460 SqFt
1625 S Mesa, San Pedro, CA, 90731 $849,000 5 4 1,991 1,991 SqFt
576 W 11th Street, San Pedro, CA, 90731 $1,099,000 4 4 2,300 2,300 SqFt
925 S Grand Avenue, San Pedro, CA, 90731 $649,000 2 2 1,836 1,836 SqFt
551 W 14th, San Pedro, CA, 90731 $949,900 6 4 2,408 2,408 SqFt

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ByOwner last updated this listing 06/07/2026 @ 03:22

MLS: IN26058256 LISTED BY: Danny Fredericks, Fredericks Realty,Broker 323-805-8141 SOURCE: CRMLS

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