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3621 S Pacific Avenue

San Pedro, CA 90731

– beds
– baths
– sqft
6,876 sqft lot
1929 build
– on site

Located in the charming Point Fermin/Palisades neighborhood of San Pedro, 3621 South Pacific is an 4-story, 18 unit multifamily property available for sale for the first time in nearly 23 years! This investment opportunity is being offered at a 5.59% Cap Rate and 9.42 GRM – at an enticing cost per unit of only $152,778 (after May increases). A new owner has the ability to step into an already cashflowing asset with further upside potential of approximately 22%! The property features a unit mix of (6) one bedroom units and (12) studio units, several of which have large, forward facing windows with terrific views of the pacific ocean. Current ownership has always been attentive with staying ahead of capex work and the building is in good shape. The building is close to Cabrillo Beach, the Marina, as well as the brand new West Harbor redevelopment! The immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small-town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Listed By CRMLS_CA / Josh Cohen / Keller Williams South Bay / 310-480-2130

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# SB25067550 —

The Building

Year Built:

1929
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

12678.00
Building Area Units:

Square Feet
Total Number Of Units:

18
# of Buildings:

1
Stories Total:

4
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Entry Location:

Front
Laundry:

Common Area
Laundry:

1

Location

Directions:

On Pacific Ave
Latitude:

33.71105000
Longitude:

-118.28829900

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD2
Lot Features:

Rectangular Lot
Lot Size Area:

6876.0000
Lot Size Acres:

0.1579
Lot Size SqFt:

6876.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

1
Tax Census Tract:

2976.02
Tax Tract:

15
Tax Lot:

15

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7467015016

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Listed / Active	CRMLS_CA	$2,750,000

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This multifamily located in Harbor, Los Angeles, CA 90731 is currently for sale for $2,750,000. 3621 S Pacific Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 4 days. 3621 S Pacific Avenue is in the Harbor neighborhood of Los Angeles and has a WalkScore® of 62, making it somewhat walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams South Bay. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Mar 31.

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.