545 W 36th Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Coastal Quadruplex House-Hack is listed at $1,619,000, representing a strategic asset in the historic Point Fermin neighborhood. Although priced above the $1,416,958 Fair Market Value, the property’s Panoramic Ocean and Harbor Views and $8,265 Monthly Income provide a unique value proposition. Featuring a Fair Condition Rating with Hardwood Floors and a vacant front unit, the building is ready for immediate occupancy. Access to Top-Rated Schools like Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10) further bolsters its long-term desirability. This is a premier opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 W 36th Street Subject | $1,619,000* List Price | 0 | 0 | 3,675 | $386 | - |
A 4115 S Carolina Street Sold | $1,330,000 | 0 | 0 | 2,420 | $550 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this quadruplex is well-maintained but shows signs of its age. According to the listing, major improvements like the sewer line and exterior painting were completed around 2000, which falls within the 15-to-30-year renovation window for a 'Fair' rating. While the property features hardwood floors and updated landscaping, the lack of recent interior kitchen or bathroom remodels and the age of the primary systems suggest a functional but dated condition typical of mid-century income properties.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated in the historic Point Fermin neighborhood, the property offers panoramic ocean and harbor views, significantly increasing its desirability for both owner-occupants and high-quality tenants.
With a current monthly income of $8,265 and the front unit delivered vacant, the property provides immediate cash flow while offering the rare opportunity for an owner-user to move in.
With only four parking spaces for four units—including two-bedroom layouts—parking may be tight for households with multiple vehicles, a common concern in residential San Pedro.
While some regional schools are highly rated, the immediate local elementary schools have lower performance scores, which could be a deterrent for families with school-aged children.
FRONT UNIT WITH PRIVATE PATIIO AND PANORAMIC OCEAN AND HARBOR VIEWS WILL BE DELIVERED VACANT! Perfect for owner occupied. Fantastic investment opportunity in the heart of historic Point Fermin! This charming four-plex is ideally situated on a quiet, tree-lined residential street just moments from schools, shopping, dining, and major transportation routes. Point Fermin is one of San Pedro’s most desirable neighborhoods, known for its coastal beauty, community feel, and proximity to parks and the Cabrillo beach waterfront. The property is fully occupied, offering strong income flow and low-maintenance. Two one bedroom, one bath. One two bedroom, one bath and one two bedroom, two bathrooms. All in good shape with current monthly income at $8,265. Improvements since 2000 - new sewer line and exterior paining, new permanent wood pergola on deck, new water wise landscaping. All units have hardwood floors. Each unit features convenient in-unit laundry hook-ups, and there are four parking spaces located at the rear of the property. Whether you're a seasoned investor or looking to start your portfolio in a thriving coastal community, this is a must-see!
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 1.2 mi
Grades K-5 • 1.3 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 | 3,675 | 2,338.5 | 80% |
| Lot Size | 6,402 | 5,199 | 72% |
| Price | $1.62M | $1.04M | 91% |
| Price per sq ft | $441 | $462 | 46% |
| Built year | 1956 | 1928 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 295 | 216 | 87% |
Jul 1, 2025
$1,619,000
Initial Listing
Jun 1, 2020
$1,399,000
Public Record
Dec 31, 2019
$1,250,000
Public Record