$10,000 Closing Credit¹
#PW25086217, Sophie Cheang, Listing office: Re/Max Top Producers
#SB25132186·
Listing office: Keller Williams SELA·
Listing agent: Sendi Khatcheressian·
Listing office phone: 818-730-2985
$1,499,999 List price
624 W 38th St San Pedro, CA 90731
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 624 W 38th St
Rare Opportunity! Attention Homebuyers and Investors - Don't miss this amazing home for sale. A perfect blend of comfort and potential. Completely renovated down to the studs and better than new, this stunning corner triplex in the highly desirable Point Fermin area of San Pedro offers exceptional income potential. Sitting on a corner lot just moments from the ocean, this property offers two sleek one-bedroom, one-bath units (Units A and C) on the first floor and a spacious two-bedroom, two-bath unit with an upstairs (Unit B) with breathtaking views of the port and coastline stretching from Palos Verdes to Malibu. Every inch has been meticulously upgraded with brand-new plumbing, electrical, furnace, flooring, kitchens, and bathrooms, making it completely move-in ready. The expansive lot also presents an incredible value-add opportunity with space to build two 800 sq. ft. ADUs (buyer to verify with the city), unlocking even more rental income potential. Perfectly positioned just moments from the beach, parks, waterfront dining, and the iconic Point Fermin Lighthouse, this fully turnkey investment allows you to establish market rents immediately or expand for even greater returns. A rare opportunity to own a high-performing property in one of Los Angeles’ most promising coastal neighborhoods. Whether you’re looking to maximize cash flow, expand your portfolio, or live in one unit while renting out the others, this is the ultimate investment in coastal LA real estate. Don’t miss this rare opportunity!
Highlights
Home typeTriplex
HeatingElectric
StatusActive
Lot size0.1493 Acres
Year built1918
MLS #SB25132186
Garage2 spaces
FireplaceElectric
Summary
- Appliances: Dryer
- Flooring Type: Laminate
- Fireplace: Electric
- Garage Space: 2 spaces
- Private Pool: No
- Heating: Electric
- Cooling: None
- List Price: $1,499,999
- Annual Tax Amount: $10,703
- Tax Year: 2024
- Lot: Lawn
- Directions: NA
- Year Built: 1918
- Stories: 2
- Lot Size: 0.1493 Acres
- MLS Number: SB25132186
- MLS Name: CRMLS
- Office Name: Keller Williams SELA
- Office Phone: (818) 730-2985
- Listing Agent: Sendi Khatcheressian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,999
624 W 38th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 21, 2024 | Home Sold | $1,450,000 |
| Mar 18, 2021 | Home Sold | $815,000 |
| Sep 07, 2000 | Home Sold | $305,000 |
| May 12, 1997 | Home Sold | $209,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $864,883 | $10,703 |
| 2023 | $847,926 | $10,497 |
| 2022 | $831,300 | $10,010 |
| 2021 | $634,000 | $7,757 |
| 2020 | $574,244 | $6,914 |
| 2019 | $562,986 | $6,856 |
| 2018 | $551,948 | $6,706 |
| 2017 | $541,127 | $6,706 |
History based on county public records data.
Nearby schools
6
Point Fermin Elementary School
Public District KG-5
0.3 mi
•3333 S Kerckhoff Ave
6
White Point Elementary School
Public District KG-5
1.1 mi
•1410 Silvius Ave
5
Leland Street Elementary
Public District KG-6
1.2 mi
•2120 S Leland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,980. Typical income of San Pedro, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
60%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Live Theatre
Where do the neighbors shop?
Banana Republic
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Boston Market
What do the neighbors drive?
Toyota
Audi
Mercedes
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 624 W 38th St
The listing price of 624 W 38th St property is $1,499,999.
The property 624 W 38th St is a multi located in San Pedro, California, 90731.
Active Listing: 624 W 38th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 624 W 38th St are: Point Fermin Elementary School (GreatSchools Rating 6/10), White Point Elementary School (GreatSchools Rating 6/10), Leland Street Elementary (GreatSchools Rating 5/10), Dana Middle School (GreatSchools Rating 4/10), Miraleste Intermediate School (GreatSchools Rating 9/10), Dodson Middle School (GreatSchools Rating 8/10), Angel's Gate (Continuation) (GreatSchools Rating 1/10), San Pedro High School (GreatSchools Rating 6/10), Port of los Angeles High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $10,703 (source: MLS/based on county public records data).
The last sale was on February 21, 2024 for $1,450,000 (source: MLS/tax record).
The year of construction for 624 W 38th St is 1918.
This home is located at 624 W 38th St in San Pedro, CA and zip code 90731 in the Point Fermin neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $1,499,999.
While more than 325 listings in San Pedro, CA in May 2025 were sold above asking price, there were more than 134 listings sold at asking price, and more than 319 were sold below. The inventory of homes for sale in San Pedro, CA between April and May 2025 increased by 8.7%. In May 2025 median list price was $871,794 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.