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Closed
- Listed price
- $1,798,000
- Listed Apr 7, 2022
- Sold price
- $1,790,000
- Sold Jun 16, 2022
6,101 sqft lot|1964 Built|5 MLS days on market
721 W 39th St, San Pedro, CA 90731
Property Description
Well maintained 5 unit building located just two blocks from the ocean in the prime Point Fermin area of San Pedro. Nearby attractions include Point Fermin Park, Cabrillo Marine Aquarium, and The Korean Friendship Bell. Excellent unit mix consisting of two large 3 Bd/2 Ba units and three large 2 Bd/1 Ba units, with a total of 5,284 rentable sq. ft. The property boasts exceptional rent upside of approximately 38% over the current rents. A new owner can take advantage of the unit to be delivered vacant and reposition the property to achieve approximately a 6% cap and 12 GRM on the market rents. The current owner recently spent a substantial amount of money to complete the seismic soft story retrofit work.
Listing agent: Connor VartanianDRE #01992384connor@theensburygroup.com, Listing office: Keller Williams Beach Cities
MLS data updated 11/3/2026, 8:41:40 AM PT
Source: CRMLSMLS #: SB22070363
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,790,000
Jun 16, 2022
Available records22022
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
$1,790,000Closed sale · Jun 16, 2022ZIP 90731 · Jun 2022
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 · 2 price recordsApr 7, 2022 – Jun 16, 2022
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.