5 months on rocket

721 W 39th St, San Pedro, CA, 90731

$1,850,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
7 Baths
5,384 SqFt
$344/SqFt
House

Location

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721 W 39th St, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Year Built1964
HeatingWall Furnace
CoolingNone
MLS #24403469
Lot Size0.14 Acres
StatusActive

About 721 W 39th St

We are pleased to present this rare coastal property seconds from the cliffs of the Pacific Ocean in a quite residential neighborhood. The property is comprised of 5 units three 2b1b units and two 3b2b units. The property has been soft story retrofitted, has new exterior railings, exterior paint, and has recently undergone an interior renovation on one of the three bedroom units. The average square feet of each unit is 1,076 and boast large floorplans. Tenants can enjoy walking the cliffsides, quite peaceful surroundings, and larger units which makes this an ideal investment property. A new owner can benefit from an estimated 36% upside in rents, a great quality piece of real estate, and solid returns.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 5,384 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: W 39th St & S Gaffey St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $344/SqFt

Tax Information:

  • Annual Amount: $17,475
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

721 W 39th St vs Los Angeles

157 DAYS ON ROCKET

+119 Days

$1,850,000

+$826.5K More

$344/SqFt

-$297 Less

KEY TAKEAWAY

This property is $826.5K more than the Median Sold Price and $297/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24403469

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

IDX 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: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2020Home Sold
$1,405,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,475$1,405,000
2020$7,478$566,458
2019$7,350$555,352
2018$7,168$544,464
2017$7,168$533,789

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-410253
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-410254
6
/10

  • White Point Elementary School

  • 1410 Silvius Ave

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-410255
5
/10

  • Leland Street Elementary

  • 2120 S Leland St

  • 1.21 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,568. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 W 39th St

What is the listing price of this property?

The listing price of 721 W 39th St property is $1,850,000.

What type of property is this?

The property 721 W 39th St is a house located in San Pedro, California, 90731.

Is this property for sale now?

Active Listing: 721 W 39th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,475 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 15, 2020 for $1,405,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 721 W 39th St has 12 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 721 W 39th St is 5,384 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 W 39th St is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90731›721 W 39th St

This home is located at 721 W 39th St in San Pedro, CA and zip code 90731 in the Point Fermin neighborhood. This 5,384 square foot home, which was built in 1964, sits on a 0.14 acre lot. Features: 12 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $1,850,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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