- BHGRE®
- California
- San Pedro
- 726 W 37th Street
726 W 37th Street, San Pedro, CA 90731
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
726 W 37th Street,San Pedro, CA 90731
$1,700,000
- 5 Beds
- 5 Baths
- 3,070 sq. ft.
- Multi-family
- Active
Listed by: michelle velasco
Office: keller williams palos verdes
MLS#:SB26025028
Source:CRMLS
Price summary
- Price:$1,700,000
- Price per sq. ft.:$553.75
About this home
Looking for a luxury income property with significant value-add potential? This 3,070 SF ocean-view duplex, zoned R2 and NOT subject to LA City Rent Control may be that rare unicorn that offers flexibility and tremendous MULTIPLE upsides. Currently configured as a five-bedroom, five-bath property, there is a possibility to add one bedroom to each unit within the EXISTING footprint and becoming potentially SEVEN bedrooms! The upstairs/owner’s unit has two bedrooms, two baths, 10+ foot ceilings, skylights in almost every room, and offers a deck spanning across the front. It also has a large rooftop deck with panoramic ocean views, including Catalina on clear days and the Korean Friendship Bell. Spanning over 1,500 square feet, there is room to add a second primary bedroom with ocean views and a massive walk-in closet. This unit also features a gorgeous gourmet kitchen, a walk-in pantry that would be the envy of any home chef, a tankless water heater, air conditioning, soundproofing between units, and additional deck space in the back. The SECOND UNIT offers three bedrooms and two baths, is over 1,500 square feet and has potential to add a fourth bedroom in the large living area adjacent to the dining room. There is also a front lovely private patio area. Additionally, there is a large separate storage unit may be dedicated to either unit, creating an additional income. The property also features three washer/dryer hookups, one in each unit and one located in the garage. Flexible income opportunities extend beyond the units, including five off-street parking that may accommodate boats, RVs, or trailers, as well as potential rental use of garage and storage spaces. The final major standout for additional income is the massive garage, a truly rare asset in this coastal market. This oversized space provides ample room for vehicles, a workshop, creative studio, or additional functional space, and includes a ¾ bathroom, washer/dryer hookups, a large storage room, office loft, and commercial-grade storage, with potential room for 5–10+ vehicles. There is truly no other property like this in all of San Pedro offering this combination of amenities, possibilities, and value-add potential. Ideally located near Point Fermin, Cabrillo Beach, the Hey Rookie Pool, local trails, and along Paseo del Mar, this property offers a compelling blend of coastal lifestyle, flexibility, and upside. Come on by, take a look, and see if this is a place you have been looking for.
Contact an agent
Home facts
- Year built:1998
- Listing ID #:SB26025028
- Added:1 day(s) ago
- Updated:February 04, 2026 at 12:33 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:2
- Living area:3,070 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace, Natural Gas
Structure and exterior
- Year built:1998
- Building area:3,070 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$553.75
New listings near 726 W 37th Street
- Open Sat, 1 to 4pmNew
$885,000Active3 beds 3 baths1,705 sq. ft.1669 Yorktown, San Pedro, CA 90732
MLS# SB26020688Listed by: KELLER WILLIAMS SOUTH BAY - New
$2,488,000Active-- beds -- baths7,598 sq. ft.918 S Cabrillo Avenue, San Pedro, CA 90731
MLS# SB26022408Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - New
$925,000Active-- beds -- baths1,664 sq. ft.524 W 2nd Street, San Pedro, CA 90731
MLS# SB26024232Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - Open Sat, 12 to 3pmNew
$675,000Active2 beds 3 baths1,429 sq. ft.2180 Mount Shasta, San Pedro, CA 90732
MLS# PW26014953Listed by: THE WESTWOOD REAL ESTATE GROUP - New
$889,000Active3 beds 2 baths1,093 sq. ft.3186 S Leland, San Pedro, CA 90731
MLS# SB26023087Listed by: ESTATE PROPERTIES - Open Thu, 12 to 3pmNew
$1,084,990Active4 beds 4 baths1,875 sq. ft.1672 Coral Sea Lane, Los Angeles, CA 90732
MLS# 26646933Listed by: RC HOMES, INC. - New
$599,000Active3 beds 1 baths1,166 sq. ft.834 W Santa Cruz, San Pedro, CA 90731
MLS# PW26023519Listed by: CIRCLE REAL ESTATE - New
$1,469,000Active-- beds -- baths2,797 sq. ft.1054 W 23rd Street, San Pedro, CA 90731
MLS# SB26024584Listed by: KELLER WILLIAMS REALTY - New
$1,469,000Active5 beds 4 baths2,797 sq. ft.1054 W 23rd Street, San Pedro, CA 90731
MLS# SB26024586Listed by: KELLER WILLIAMS REALTY