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545 W 36th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath

545 W 36th Street, San Pedro, California 90731 home-pic-0
ACTIVE$1,619,000
545 W 36th Street, San Pedro, California 90731
0Bed
0Bath
3,675Sqft
6,402Lot
Year Built
1956
Close
-
List price
$1.62M
Original List price
$1.62M
Price/Sqft
$441
HOA
-
Days on market
-
Sold On
-
MLS number
PV25145710
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.62M(93th), sqft - 3675(74th), beds - undefined(50th), baths - undefined(50th).

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!

Nearby schools

7/10
White Point Elementary School
Public,•K-6•1.2mi
5/10
Leland Street Elementary School
Public,•K-6•1.2mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.3mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.8mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.0mi
4/10
Seventh Street Elementary School
Public,•K-5•2.2mi
2/10
Barton Hill Elementary School
Public,•K-6•2.4mi
5/10
Bandini Street Elementary School
Public,•K-6•2.5mi
5/10
Crestwood Street Elementary School
Public,•K-6•3.0mi
9/10
Park Western Place Elementary School
Public,•K-5•3.0mi
8/10
Mira Catalina Elementary School
Public,•K-5•3.3mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.5mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•4.5mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•5.5mi
6/10
Harbor City Elementary School
Public,•K-5•5.8mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.4mi
8/10
Miraleste Intermediate School
Public,•6-8•3.5mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•4.0mi
6/10
Alexander Fleming Middle School
Public,•6-8•5.8mi
4/10
Hudson K-8
Public,•K-8•7.3mi
6/10
San Pedro Senior High School
Public,•9-12•1.5mi
5/10
Phineas Banning Senior High School
Public,•9-12•5.9mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•6.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.8mi
3/10
Cabrillo High School
Public,•9-12•7.1mi
8/10
Palos Verdes High School
Public,•9-12•8.9mi

Price History

Date
Event
Price
07/01/25
Listing
$1,619,000
06/01/20
Sold
$1,399,000
12/31/19
Sold
$1,250,000
Condition Rating
Fair
The property was built in 1956, making it over 60 years old. While the listing mentions improvements 'since 2000' such as a new sewer line, exterior painting, a pergola, and water-wise landscaping, these are primarily structural and exterior updates, now 24 years old. The description states 'All in good shape' and 'All units have hardwood floors,' indicating general maintenance. However, there are no interior images provided, especially for kitchens and bathrooms, which are crucial for assessing current condition and style. Given the age of the building and the timing of the last mentioned renovations, it's highly probable that the kitchens and bathrooms, if not updated more recently than 2000, would be functional but outdated in terms of style and features, aligning with the 'Fair' category.
Pros & Cons

Pros

Strong Investment Opportunity: This quadruplex is fully occupied with a current monthly income of $8,265, offering immediate and robust cash flow for investors.
Prime Coastal Location: Ideally situated in the highly desirable Point Fermin neighborhood, known for its coastal beauty, strong community feel, and proximity to parks and the Cabrillo Beach waterfront.
Recent Capital Improvements: Significant updates since 2000, including a new sewer line, exterior painting, a permanent wood pergola, and water-wise landscaping, indicate proactive maintenance and reduced immediate capital expenditure concerns.
Tenant-Friendly Amenities: All units feature desirable hardwood floors and convenient in-unit laundry hook-ups, complemented by four dedicated parking spaces, enhancing tenant satisfaction and retention.
Low Maintenance & Good Condition: The property is explicitly described as 'low-maintenance' with all units 'in good shape,' suggesting a well-managed asset that minimizes ongoing landlord effort.

Cons

Property Age: Built in 1956, the property's age may lead to unforeseen maintenance issues or require more frequent upkeep of original systems not explicitly covered by recent updates.
Absence of Cooling System: There is no mention of air conditioning in the units, which could be a disadvantage for tenant comfort during warmer months and potentially affect rental appeal or market rates.
Potential for Interior Modernization: While units are in 'good shape' with hardwood floors, the description lacks specific details on modern kitchen and bathroom updates, suggesting potential for future renovation costs to maximize rental income or tenant appeal.

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