714 West 38th San Pedro, CA 90731
2 Beds
1 Bath
950 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 950 sqft
Price per Sqft $1,000
MLS Listing ID PW-26149569
Style Mid Century Modern
Bedrooms 2
Full Baths 1
Year Built 1952
Lot Size 6,500 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
From the moment you arrive, you'll appreciate the OCEAN VIEWS from the front of the property and the cool COASTAL BREEZES that define the Point Fermin lifestyle. The expansive rear portion of the lot also enjoys OCEAN VIEWS, creating an exceptional opportunity to thoughtfully design future improvements that further enhance VIEW CORRIDORS and maximize the property's remarkable COASTAL SETTING (Buyer to verify all development possibilities with the City of Los Angeles.) Unlike a VACANT LAND ACQUISITION, the existing residence provides immediate flexibility as a PRIMARY RESIDENCE, RENTAL PROPERTY, or HOLDING ASSET while redevelopment plans are explored. Whether your vision is to create LUXURY COASTAL RESIDENCES, a MULTIGENERATIONAL FAMILY COMPOUND, or a LONG-TERM INVESTMENT, the generous lot size, favorable R2 ZONING, and existing improvements provide multiple pathways to LASTING VALUE. Ideally situated just moments from POINT FERMIN PARK, CABRILLO BEACH, ROYAL PALMS BEACH, CABRILLO MARINA, the KOREAN FRIENDSHIP BELL, and the transformative WEST HARBOR WATERFRONT REDEVELOPMENT, the property is positioned to benefit from billions of dollars in public and private investment that continue to reshape SAN PEDRO into one of Southern California's premier coastal destinations. Whether you're a DEVELOPER, INVESTOR, BUILDER, or OWNER-USER with a long-term vision, this is more than the purchase of a home; it's the opportunity to secure an irreplaceable COASTAL PROPERTY in one of Los Angeles' most SUPPLY-CONSTRAINED WATERFRONT NEIGHBORHOODS. *Please refer to the attached Offering Memorandum supplement for additional property information, including a link to city documents.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Rooms
Basement Utility
Interior
Interior Features Beamed Ceilings, Block Walls, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers
Cooling None
Flooring Tile, Wood
Fireplaces Type Electric, Living Room
Laundry Gas Dryer Hookup, In Kitchen, Individual Room, Inside, Washer Hookup
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs, Dog Park, Hiking, Sidewalks, Storm Drains, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Ocean
Building
Lot Description Front Yard, Landscaped, Value In Land, Yard, Back Yard
Sewer Public Sewer
Others
Virtual Tour https://www.wellcomemat.com/mls/56im45183ec41mn6h