3935 Bluff Place San Pedro, CA 90731
Estimated payment $19,514/month
Highlights
- Ocean Front
- Across the Road from Lake or Ocean
- Wood Flooring
- San Pedro Senior High School Rated A-
- Dual Staircase
- Living Room with Attached Deck
About This Home
Perched dramatically on the bluff overlooking iconic Cabrillo Beach, in one of the best parts of San Pedro, this extraordinary coastal triplex offers unobstructed ocean views and the soothing sound of crashing waves from every level. Originally constructed as high-end condominiums, the property reflects superior design, thoughtful layouts, and quality finishes rarely found in traditional income property.
Each spacious residence lives like a private luxury home, featuring its inviting fireplace, elegant wet bar, and washer & dryer —perfect for entertaining while enjoying sweeping Pacific vistas. Expansive windows and private outdoor spaces capture breathtaking sunrises, ocean breezes, and panoramic shoreline views stretching along the coast from the Vincent Thomas Bridge to the Newport Beach and beyond. Enjoy the cruise ships, windsurfers and all the activities in the harbor from your own balconies.
A truly rare offering, the property includes an exceptional 14-car garage—ideal for car collectors, storage, or additional income potential. The pride of original condominium-level construction is evident throughout, offering flexibility for investment, multi-generational living, or potential future resale strategies. A great building with minimal maintenance and easy management make for a great long term hold like this family has for almost 50 years!
An unparalleled opportunity to own a trophy bluff-top asset where location, luxury, and lifestyle converge—just moments from the sand, the marina, the new West Harbor Waterfront development about to open, the new cruise ship terminal and many other coastal amenities.
A rare opportunity that doesn't come along often - coastal bluff top living at its finest.
Listing Agent
Coastal Legacy Realty Group Brokerage Phone: 310-621-2885 License #01047519 Listed on: 03/03/2026
Property Details
Home Type
- Condominium
Year Built
- Built in 1978
Lot Details
- Ocean Front
- 1 Common Wall
Parking
- 14 Car Garage
- 3 Carport Spaces
- Parking Available
- Guest Parking
- Controlled Entrance
Property Views
- White Water Ocean
- Marina
- Coastline
- Harbor
- Panoramic
- Views of Vincent Thomas Bridge
- Bridge
- City Lights
- Bluff
- Views of a landmark
- Mountain
- Hills
Home Design
- Entry on the 2nd floor
- Spanish Tile Roof
- Composition Roof
Interior Spaces
- 5,211 Sq Ft Home
- 3-Story Property
- Wet Bar
- Dual Staircase
- Built-In Features
- Bar
- Recessed Lighting
- Bay Window
- Living Room with Fireplace
- Living Room with Attached Deck
- Living Room Balcony
- Home Security System
Kitchen
- Granite Countertops
- Quartz Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Property has ocean access
- Beach Access
- Outdoor Grill
Location
- Across the Road from Lake or Ocean
- Property is near public transit
Utilities
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 9 / D
- Tax Tract Number 432
- Assessor Parcel Number 7467023009
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,100
- Insurance Expense $8,520
- Trash Expense $1,000
- Water Sewer Expense $1,680
- Operating Expense $14,300
- Gross Income $192,000
- Net Operating Income $180,000
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,713 | $524,103 | $104,655 | $419,448 |
| 2024 | $6,713 | $513,827 | $102,603 | $411,224 |
| 2023 | $6,591 | $503,753 | $100,592 | $403,161 |
| 2022 | $6,297 | $493,876 | $98,620 | $395,256 |
| 2021 | $6,190 | $484,193 | $96,687 | $387,506 |
| 2019 | $6,010 | $469,833 | $93,820 | $376,013 |
| 2018 | $5,872 | $460,622 | $91,981 | $368,641 |
| 2016 | $5,555 | $442,737 | $88,410 | $354,327 |
| 2015 | $5,476 | $436,087 | $87,082 | $349,005 |
| 2014 | $5,509 | $427,546 | $85,377 | $342,169 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | Price Changed | $4,995 | -3.9% | $3 / Sq Ft |
| 03/09/2026 03/09/26 | Price Changed | $5,200 | 0.0% | $3 / Sq Ft |
| 03/03/2026 03/03/26 | For Sale | $3,600,000 | 0.0% | $691 / Sq Ft |
| 01/10/2026 01/10/26 | For Rent | $5,400 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Co La | |
| Interfamily Deed Transfer | -- | First Amer Title Co Of La | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $749,700 | New Conventional | |
| Closed | $464,400 | No Value Available | |
| Closed | $465,200 | No Value Available | |
| Closed | $465,200 | No Value Available |
About the Listing Agent
Bill Ruth was born on the Peninsula and into a versatile real estate family. With his father, mother, brother, and sister all part of the business in various capacities, it’s little wonder Bill took a similar path and has since carved out a distinctive niche in this industry.
Bill began his real estate career alongside his father, a commercial high-rise developer, before transitioning to the residential side by joining his mother at her small real estate company. With a career spanning
Bill's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV26046318
APN: 7467-023-009
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Ask me questions while you tour the home.