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672 W 37th , San Pedro, CA 90731
$625,000
Est. Payment: $3,132.77/mo
8 Bed
4 Bath
3288 Sqft
Status: active with contingency | Days on site: 34
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

***50% Sale*** of a well-located 4-unit multifamily property in the highly desirable Point Fermin neighborhood of San Pedro. Constructed in 1956, the asset comprises approximately 3,288 square feet of improvements situated on a 6,400 square foot lot. The building features a consistent unit mix of four 2-bedroom, 1-bath units, offering efficient layouts and broad tenant appeal. The property provides stable in-place income with potential for rental growth and operational upside, supported by strong fundamentals in this coastal submarket. It represents a compelling opportunity for investors seeking to expand a portfolio with a well-positioned asset offering both current cash flow and long-term appreciation potential. Ideally located within walking distance of Point Fermin Park, the Korean Bell of Friendship, and scenic coastal bluff trails, the property benefits from a supply-constrained location that continues to drive consistent tenant demand and low vacancy. The property also offers convenient access to Cabrillo Beach, the San Pedro waterfront, and nearby retail and dining amenities, further enhancing its long-term desirability.
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Highlights

Listed by Danny Fredericks , 310-951-9479 and Derf Fredericks , 310-792-0907 Fredericks Realty,Broker , 323-805-8141. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1956

County

Los Angeles

Area

181 - Point Fermin

Listing ID

IN26058256

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Other:Public

Exterior Features

Lot:Sprinklers Timer,No Land Lease
Garage Capacity:4
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Driveway,Garage Faces Front
Principal Interest
$3,133
Taxes
$398

Home Price

$625,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,132.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,132.77 $398.44 $0.00 $3,531.21
Yearly $37,593.23 $4,781.25 $0.00 $42,374.48
Total $1,127,797.03 $143,437.50 $0.00 $1,271,234.53
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (San Pedro, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-25T23:39:42.000Z

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