3644 Almeria St

San Pedro, CA 90731
  • $1,699,000

    Price
  • 7

    Bed
  • 7

    Bath
  • 4,405

    SqFt
  • 0.15

    Acre

About the Listing SB1350760 - SKRILGAR

Location truly sets this exceptionally well-maintained five-unit property apart. Positioned on a beautifully landscaped corner lot just one short block from the ocean bluffs in San Pedro’s highly desirable Palisades neighborhood, the building offers a rare opportunity to own an income property in a premier coastal setting. Several units feature ocean views, while all residents enjoy refreshing afternoon breezes and the year-round coastal climate. The property includes a spacious ground-floor owner’s unit featuring two bedrooms, two bathrooms, a fireplace and peeks of the ocean. For an owner-occupant buyer, the seller will consider providing a credit at the close of escrow to help offset applicable tenant relocation costs. Major improvements completed in 2020 include a new roof, upgraded electrical panels, fresh exterior paint and refreshed landscaping. Parking includes four garage spaces plus off-street parking for two additional vehicles. With no residential units above the garages and a flat-roof configuration, the property may also offer potential to construct one or more ADUs above the garage area, creating an opportunity for additional income and long-term value (buyer to independently investigate and verify all development possibilities with the appropriate agencies). A community laundry room with coin-operated machines serves the residents. Remarkably, this five-unit coastal property is offered at a price below what some single-family homes are selling for in the surrounding area—an exceptional value for investors and owner-users alike. Located near bluff-top parks, coastal walking trails and nature preserves, this is an outstanding opportunity to acquire a legacy property in a setting that would command a substantial premium in many neighboring beach communities. Drive by and explore the neighborhood to fully appreciate just how special this coastal location is.

Listing Highlights for 3644 Almeria St

Status Active
Days on Site 42
Property Type Multi-Family
MLS ® SB26192450
Year Built 1954
Total Square Footage 4,405
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 7
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiant,Wall Furnace
  • Fireplaces: Living Room
  • Floor: Carpet,Tile
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,Landscaped,Near Park,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 6
  • Zoning: LAR1
  • Roof: Rolled/Hot Mop
  • Others: Updated/Remodeled,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7469022047
  • Tax Year: N/A

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3644 Almeria St San Pedro, CA 90731

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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