$3,600,000
3935 Bluff Place, San Pedro CA 90731
Multi-Family (Triplex)
Property type
94 days
On market
$691
Price per sqft
14 cars
Garage
1978
Year built
5,967 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Bill Ruth DRE #01047519 310-621-2885, Coastal Legacy Realty Group
Listing updated: Mar 5, 2026 at 02:34pm.
Last checked: Jun 5, 2026 at 03:00am
Source: CRMLS #PV26046318
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $7,000 | $7,000 | $7,000 | Negotiable |
| 1 | 3 | 2 | — | $5,250 | $5,250 | $5,250 | Unfurnished |
| 1 | 2 | 2 | — | $4,000 | $4,000 | $4,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Carpet: 3
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $11,000
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
18.5x
List Price / Annual Gross Rent
Cap Rate
4%
NOI / List Price
Gross Scheduled Income: $195,000
Vacancy Allowance: $5
Operating Expense: $15,000
Net Operating Income: $180,000
Annual Operating Expenses
Electric: $3,100
Fuel: $0
Insurance: $8,520
Trash: $1,000
Water / Sewer: $1,680
Interior
Interior Features: Wet Bar, Built In Features, Balcony, Elevator, Granite Counters, Living Room Deck Attached, Multiple Staircases, Quartz Counters, Recessed Lighting, Bar
Flooring: Carpet, Wood
Fireplace: Living Room
Laundry: Washer Hookup, Inside, Laundry Room
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Two
Roof: Composition, Spanish Tile
Window Features: Bay Windows
Exterior: Barbecue
Common Walls: One Common Wall
Security Features: Security System, Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Bluff, Near Public Transit
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View: Bridges, Bluff, City Lights, Coastline, Harbor, Hills, Landmark, Marina, Mountains, Ocean, Panoramic, Water
Waterfront Features: Across The Road From Lake Ocean, Beach Access, Ocean Access, Ocean Front
Garage and Parking
Parking: Controlled Entrance, Garage, Guest
Garage Spaces: 14
Carport Spaces: 3
Parking Total: 17
Lot Information
Land Lease: No
Common Interest: Condominium
Parcel #: 7467023009
Additional Parcels: No
Tax Lot: 9
Zoning: LARD2
Tax Block: D
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Sidewalks
Nearby Schools
Nearby schools around the 3935 Bluff Place, San Pedro, CA 90731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,880,000
Total Interest
$3,673,281
Total Payment
$6,553,281
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$22,104
per month
Property History for 3935 Bluff Place
San Pedro Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90731.
Similar Homes
Listings with similar prices to 3935 Bluff Place