$1,895,000

726 W 37th St San Pedro, CA 90731

Estimated payment $10,944/month

Total Views 8,643
5 Beds
4 Baths
3,070 Sq Ft
$617 Price per Sq Ft

Highlights

  • Parking available for a boat
  • Gated Parking
  • Modern Architecture
  • Fishing
  • Property is near a park
  • 3-minute walk to Angels Gate Park

About This Home

TWO Units + Potentially 12+ car garage? It's rare to find luxury, income potential and a premium garage with commercial grade features & versatility all in one property.
The upstairs owner’s unit captures the essence of modern coastal living, filled with natural light from six skylights and soaring 10 ft+ ceilings. Enjoy ocean views from the living room and primary bedroom, both with direct access to the front deck. The kitchen offers all full extension drawers, custom pantry storage, cabinetry above and below, additional cabinets facing the living area, and under cabinet lighting and a new dishwasher. Cooktop is electric however there is a gas hookup in place. This unit also has central HVAC and a tankless water heater. There’s also a rooftop deck that offers sweeping views of Catalina Island and the Lighthouse on clear days, the Korean Bell and our coastal port town of San Pedro.

The downstairs unit, ALSO around 1500 sq/ft, features three bedrooms, two baths, a spacious living area, dining and second living area that leads to a private patio. Additional highlights include granite countertops, recessed lighting, ceiling fans, new dishwasher and double pane windows throughout. This unit includes washer/dryer hookups, private patios, tandem gated parking, and a front carport.

The oversized garage is a rare asset with three commercial roll up doors, multiple skylights, a permitted three quarter bath, heavy duty commercial shelving, a spiral staircase leading to a loft. It even a dedicated water heater, its own electric subpanel, two 220V outlets and a 120+ sq/ft enclosed storage room with a separate exterior entry. The garage has ceilings approximately two stories high and a steel gantry beam with an open truss system that eliminates the need for interior support columns, maximizing usable space. It can fit five+, potentially up to 12+ or more depending on configuration, lifts, car size. Alongside the garage is a large exterior space that can accommodate an RV or even a boat. Whether you're a car collector, enthusiast, creative, or home based business owner, this setup is exceptional. Garage entered in as a unit to show income in valuation.

The property is not under RSO & may allow for up to two ADUs. Buyer to verify with the city. Properties with this level of flexibility, scale & opportunity are truly rare, all while enjoying what’s already in place. Come see if this is the place you’ll want to call home. MUST SEE IN PERSON

Listing Agent

Michelle Velasco

Keller Williams Palos Verdes Brokerage Email: californiacoasthomes@gmail.com License #01824020 Listed on: 06/24/2025

Keller Williams Palos Verdes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,431

Year Built

  • Built in 1998

Lot Details

  • 6,404 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • 5 Open Parking Spaces
  • Carport
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Rear-Facing Garage
  • Tandem Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Off-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Duplex
  • Modern Architecture
  • Split Level Home
  • Raised Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,070 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Double Pane Windows

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 220 Volts in Workshop

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 20 / 12
  • Tax Tract Number 297
  • Assessor Parcel Number 7467012019

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $45,600
  • Net Operating Income $100,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,431

Year Built

Built in 1998

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 5.32
  • Inclusions: Attached office cabinets
  • Price Per Unit: 947500
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Architectural Style: Modern
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7467012019
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 3
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two, Multi/Split
  • Price Per Square Foot: 617.26
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Boat, Built-In Storage, Carport, Covered, Driveway, Concrete, Paved, Garage, Garage Faces Rear, Garage - Three Door, Garage Door Opener, Gated, Off Street, Oversized, Private, RV Access/Parking, RV Gated, RV Potential, Tandem Garage, Tandem Uncovered, Workshop in Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Electric: 220 Volts in Garage, 220 Volts in Workshop, Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Fishing, Hiking, Watersports, Preserve/Public Land, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby
  • Lot Size Sq Ft: 6404.00
  • Lot Size Acres: 0.1470
  • Latitude Manual: 33.71076600

Rental Info

  • Garage Rental Rate: 3800.00

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 144000.00
  • Lot Size Area: 6404.0000 Square Feet
  • Net Operating Income: 100800.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 43200.00
  • Operating Expense Percent: 30.00
  • Rent Control: No

Tax Info

  • Tax Block: 12
  • Tax Lot: 20
  • Tax Tract Number: 297...

Map

Range of Values:

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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 $7,431 $597,136 $170,605 $426,531
2024 $7,431 $585,428 $167,260 $418,168
2023 $7,291 $573,950 $163,981 $409,969
2022 $6,958 $562,697 $160,766 $401,931
2021 $6,860 $551,664 $157,614 $394,050
2019 $6,658 $535,303 $152,940 $382,363
2018 $6,550 $524,808 $149,942 $374,866
2016 $6,235 $504,430 $144,120 $360,310
2015 $6,146 $496,854 $141,956 $354,898
2014 $6,176 $487,123 $139,176 $347,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $1,895,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 Unknown
Closed $260,000 New Conventional
Closed $73,000 Unknown
Closed $323,400 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25134306

California Regional Multiple Listing Service (CRMLS)

APN: 7467-012-019