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721 W 39th St 5 Unit Apartment Building $2,296,288 CAD ($459,258 CAD/Unit) 5.11% Cap Rate San Pedro, CA 90731
INVESTMENT HIGHLIGHTS
- Rare, Coastal Property
- Estimated 36% Upside
- 2-Car Garage and Front Yard Space
- Average Unit Size 1,076 SQFT
- All Two and Three Bedroom Units
EXECUTIVE SUMMARY
We are pleased to present a rare coastal investment opportunity located just moments from the cliffs of the Pacific Ocean in a quiet, residential neighborhood. This well-maintained multifamily property consists of five spacious units—three 2-bedroom, 1-bath units and two 3-bedroom, 2-bath units—with an average unit size of 1,076 square feet. The property has undergone significant upgrades, including soft-story seismic retrofitting, new exterior railings, fresh exterior paint, and a recently renovated interior in one of the 3-bedroom units. Residents enjoy the peaceful surroundings and close proximity to scenic cliffside walking paths, creating a highly desirable living environment. With a projected 36% upside in rental income, this asset presents a compelling opportunity for investors seeking a high-quality, income-generating property with strong long-term potential.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,296,288 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $459,258 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.11% | Building Size | 5,384 SF |
| Gross Rent Multiplier | 12.38 | No. Stories | 2 |
| No. Units | 5 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 0.92/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R2 - Residential | ||
| Price | $2,296,288 CAD |
| Price Per Unit | $459,258 CAD |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| Gross Rent Multiplier | 12.38 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,384 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R2 - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $4,526 CAD | 1,077 |
| 2+1 | 3 | $3,025 CAD | 1,077 |
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PROPERTY TAXES
| Parcel Number | 7467-021-002 | Total Assessment | $2,678,571 CAD |
| Land Assessment | $1,473,962 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,204,609 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
7467-021-002
Land Assessment
$1,473,962 CAD
Improvements Assessment
$1,204,609 CAD
Total Assessment
$2,678,571 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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721 W 39th St
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