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Closed
- Listed price
- $1,645,000
- Listed May 26, 2025 · $306/sq ft
- Sold price
- $1,620,000
- Sold Jan 9, 2026
12 beds|7 ba|5,384 sqft|6,101 sqft lot|1964 Built|207 MLS days on market
721 W 39th St, San Pedro, CA 90731
Property Description
We are pleased to present a rare coastal investment opportunity located just moments from the cliffs of the Pacific Ocean in a quiet, residential neighborhood. This well-maintained multifamily property consists of five spacious units three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units with an average unit size of 1,076 square feet. The property has undergone significant upgrades, including soft-story seismic retrofitting, new exterior railings, fresh exterior paint, and a recently renovated interior in one of the 3-bedroom units. Residents enjoy the peaceful surroundings and close proximity to scenic cliffside walking paths, creating a highly desirable living environment. With a projected 36% upside in rental income, this asset presents a compelling opportunity for investors seeking a high-quality, income-generating property with strong long-term potential.
Listing agent: DRE #02038545jweir@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/2/2026, 10:24:45 AM PT
Source: CRMLSMLS #: 25544867
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,620,000
Jan 9, 2026
Available records32025–2026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,620,000Closed sale · Jan 9, 2026ZIP 90731 · Jan 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 3 price recordsMay 26, 2025 – Jan 9, 2026
ZIP 90731 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.