
San Pedro, California 90731
Analysis of 3935 Bluff Place, San Pedro, California 90731 is currently available with a list price of $3,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1978 and held by the same family for nearly 50 years, the property is well-maintained but reflects its original era. The kitchens and bathrooms feature dated cabinetry, tile countertops, and older appliances. While functional and clean, the interior finishes, light fixtures, and flooring lack modern updates, placing it in the 'fair' category as it requires aesthetic and system modernization to meet current luxury standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated dramatically on a bluff overlooking Cabrillo Beach, the property offers rare, unobstructed panoramic views of the Pacific Ocean, harbor, and coastline from every level.
The inclusion of a massive 14-car garage is an unparalleled asset in coastal real estate, providing significant value for car collectors or potential for substantial additional rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5211, other record living area = 1550.
Built in 1978 and held by the same family for nearly 50 years, the property may require capital expenditures for modernizing systems or aesthetic updates to meet current luxury market expectations.
While the area features some high-performing schools, several nearby assigned public schools have lower ratings (2-4), which could impact the property's appeal to long-term family tenants.
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.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-6 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,211 | 2,338.5 | 98% |
| Lot Size | 5,967 | 5,199 | 59% |
| Price | $3.60M | $1.04M | 98% |
| Price per sq ft | $691 | $470 | 93% |
| Built year | 1978 | 1928 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 210 | 2% |
Mar 3, 2026
$3,600,000
Initial Listing