$3,600,000

3935 Bluff Place San Pedro, CA 90731

Estimated payment $19,514/month

Total Views 3,645
7 Beds
6 Baths
5,211 Sq Ft
$691 Price per Sq Ft

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

Bill Ruth

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

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

5,968 Sq Ft Lot

Parking

14

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7467023009
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bar, Quartz Counters, Built-in Features, Elevator, Living Room Balcony, Living Room Deck Attached, 2 Staircases, Recessed Lighting, Granite Counters
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 690.85
  • Window Features: Bay Window(s)

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Coastline, Ocean, Bluff, Mountain(s), White Water, City Lights, Marina, Landmark, Harbor, Vincent Thomas Bridge, Hills, Water, Bridge(s), Panoramic
  • Pool Private: No
  • Roof: Spanish Tile, Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 14.00
  • Parking: Yes
  • Parking Features: Garage, Guest, Controlled Entrance
  • Total Parking Spaces: 17.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Phone Connected, Electricity Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Near Public Transit
  • Lot Size Sq Ft: 5967.00
  • Lot Size Acres: 0.1370
  • Latitude Manual: 33.70838100

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Electric Expense: 3100.00
  • Gross Income: 192000.00
  • Gross Scheduled Income: 195000.00
  • Insurance Expense: 8520.00
  • Lot Size Area: 5967.0000 Square Feet
  • Maintenance Percent: 5.00
  • Net Operating Income: 180000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 15000.00
  • Rent Control: Yes
  • Total Actual Rent: 11000.00
  • Total Expenses: 14300.00
  • Waterfront Features: Ocean Access, Beach Access, Across the Road from Lake/Ocean, Ocean Front

Tax Info

  • Tax Area: 14
  • Tax Block: D
  • Tax Lot: 9
  • Tax Tract Number: 432

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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
Source: Public Records

About the Listing Agent

Bill Ruth

Coastal Legacy Realty Group

(424) 349-5353

Section Image

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

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV26046318

California Regional Multiple Listing Service (CRMLS)

APN: 7467-023-009

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