$10,000 Closing Credit¹
#PV25062255, Audrey Yutronich, Listing Office: Estate Properties
#SB25033598·
Listing office: Keller Williams Advisors·
Listing agent: Sendi Khatcheressian·
Listing office phone: 818-730-2985
$1,600,000 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
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 #SB25033598
Garage2 spaces
FireplaceElectric
Summary
- MLS Number: SB25033598
- MLS Name: CRMLS
- Office Name: Keller Williams Advisors
- 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: 4/15/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,600,000
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. The majority of San Pedro, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. 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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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 February 19, 2025 and is currently priced at $1,600,000.
In March 2025 more than 302 listings in San Pedro, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. The number of listings in San Pedro, CA increased by 13.7% between February and March 2025. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.
From Rocket Homes Real Estate and based on county public records data.