Under contract

3531 S Peck AVE

SAN PEDRO CA, 90731

$1,445,000


$459.61 per sqft

Under contract

4 Beds

4 Baths

3,144 sqft

Multi-family

Built in 1950

3531 S Peck Ave & 708 W 36th St, San Pedro. These two separate parcels feature 4 units (1BR / 1BA) with a total building area of approximately 3,144 SF and situated on approximately 8,751 SF of land. Located in the desirable coastal neighborhood of Point Fermin in San Pedro, this unique investment opportunity is located adjacent to a park on the west, near beaches and local amenities, highly attractive to potential renters or a potential owner user. These properties have partial ocean views and are situated on uncommonly larger plots of land for coastal cities offering potential for ADU additions or further development. The total gross income expected is approximately $83,228 per year with Peck Rd units between $2067 - $2195 per month whereas 36th St is below market at $1,281 - $1,392. Each tenant is responsible for electricity (separately metered ) and the landlord pays for common area electricity, water/sewer, and gas. New owners seeking an immediate NOI boost can utilized "ratio utility billing" for utility charges beared by the landlord. Earlier this year, the owners spend $32,000 on a new roof and $6,000 on landscaping.

WS24152160MR

MLS ID

July 23, 2024

Listed

February 22, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Laundry Description

Community


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Point Fermin


Days on Market

196


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Los Angeles


Pool

No


Pool Features

None

Listing History

Date

Event

Price

1/8/2025

Under contract

10/24/2024

Price change

$1,445,000

3%

10/16/2024

Price change

$1,400,000

-4%

Listed by CRAIG PHILLIPS with LEE & ASSOC. COMM. R.E. SERV.
Listing Contact: 323-720-8484 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/22/2025

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