3621 S Pacific Avenue, San Pedro, CA 90731

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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3621 S Pacific Avenue,San Pedro, CA 90731
$2,500,000
  • 1 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:josh cohen
Office:keller williams south bay
MLS#:SB25067550
Source:SANDICOR

Price summary

  • Price:$2,500,000

About this home

Price just reduced $250,000! Located in the charming Point Fermin/Palisades neighborhood of San Pedro, 3621 South Pacific is an 4-story, 18 unit multifamily property available for sale for the first time in nearly 23 years! This investment opportunity is being offered at a 6.27% Cap Rate and 8.56 GRM at an enticing cost per unit of only $138,889 (after May increases). A new owner has the ability to step into an already cashflowing asset with further upside potential of approximately 22%! The property features a unit mix of (6) one bedroom units and (12) studio units, several of which have large, forward facing windows with terrific views of the pacific ocean. Current ownership has always been attentive with staying ahead of capex work and the building is in good shape. The building is close to Cabrillo Beach, the Marina, as well as the brand new West Harbor redevelopment! The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for

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Home facts

  • Listing Id #:SB25067550
  • Added:142 day(s) ago
  • Updated:August 17, 2025 at 07:24 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2

Finances and disclosures

  • Price:$2,500,000
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