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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25173371
Sold Date 10/31/25
Bedrooms 5
Lot Size 6,403 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare investment opportunity in Point Fermin. Fully restored 1928 Mediterranean duplex on a 6,400 sq ft street-to-alley lot with LAR2 zoning and ADU potential (buyer to verify). Delivered vacant, this property is ideal for strong rental income, owner-user, or future development. Upper unit (3622) offers 3 bedrooms, 1 bath plus office/flex space, remodeled quartz kitchen, updated flooring, indoor laundry, balcony, and garage. Lower unit features 2 bedrooms, 1 bath, remodeled kitchen, direct yard access, and garage. Recent upgrades include electrical, plumbing, and foundation improvements. Prime corner lot with unobstructed views of the Korean Bell and Catalina Island ensures long-term tenant appeal. Two garages plus driveway parking. Conveniently located near Point Fermin Park, Cabrillo Beach, Paseo Del Mar, and the upcoming West Harbor waterfront development.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Corner of Gaffey and 37th Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7467012022
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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