Est. cap rate

1.1%

Assumed rent, all units

$6,420/mo

Units

3

Price per unit

$1,200,000

Est. annual NOI

$38,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

5,211 sqft

Lot size

5,967 sqft

Year built

1978

Stories

3

Garage spaces

14

Pool

None

View

Coastline,Ocean,Bluff,Mountain(s),White Water,City Lights,Marina,Landmark,Harbor,Vincent Thomas Bridge,Hills,Water,Bridge(s),Panoramic

Status

Active

Days on market

183

MLS #

239151084

About this property

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. A truly rare offering, the property includes an exceptional 14-car garage—ideal for car collectors, storage, or additional income potential. A great building with minimal maintenance and easy management. 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, 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.

Location

3935 Bluff Place

San Pedro, Los Angeles, CA, 90731