Property
Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest · MLS #OC23074017 · Source: CRMLS
3921 South Pacific Avenue is an 8-unit multifamily investment property located in San Pedro, CA. Built in 1972, 3921 South Pacific Avenue offers an attractive mix of one, two, and three-bedroom floor plans. Property amenities include tuck-under parking and oversized garages, security doors, and an on-site laundry facility. Units feature vinyl, tile, and carpet flooring, private balconies, and granite countertops. The two oversized garages located at the subject property accommodate 4 cars each, providing a new owner the opportunity to increase an additional income stream or to build 2 accessory dwelling units (ADUs) through a garage conversion. 3921 South Pacific Avenue is situated in an optimal San Pedro location, just blocks from Cabrillo Beach and San Pedro’s Pacific Overlook. The property is located just under 2 miles from the ongoing West Harbor development, which is set to feature over 150,000 square feet of retail, restaurants, and entertainment, four acres of outdoor park and recreation space, and over 200,000 square feet of waterside featuring harborside excursions and attractions. Additionally, 3921 South Pacific Avenue is located just under 3 miles from the Port of Los Angeles, whose cargo represents approximately 20% of all cargo coming into the United States.
Listing description from the August 2023 sale, as reported to CRMLS.