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3605 Stephen M White, San Pedro, CA 90731

San Pedro
Local realty services provided by:CENTURY 21 Coastal Properties
3605 Stephen M White,San Pedro, CA 90731
$3,500,000
  • - Beds
  • - Baths
  • 9,356 sq. ft.
  • Multi-family
  • Pending
Listed by: jignesh (jack) patel, juan huizar
Office: sage real estate group inc562-400-7622
MLS#:RS26079930
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$374.09

About this home

Located in the highly desirable Point Fermin coastal neighborhood of San Pedro, 3605 Stephen M. White Drive is a 16-unit multifamily property (15 legal units + 1 non-conforming studio) offering a rare opportunity to acquire a true coastal asset directly across from Cabrillo Beach. Available for the first time in decades, this generational offering presents investors with a unique chance to secure a well-located property in a tightly held submarket. This investment is currently being offered at a 4.91% Cap Rate and 11.26 GRM, with the opportunity to achieve a 7.31% Cap Rate and 8.66 GRM through a value-add program. A new owner can capitalize on approximately 22%+ upside in income by implementing strategic unit renovations, improving management, and turning over units to market rents . The property features a well-balanced unit mix along with on-site parking and select units that offer harbor and ocean views, creating strong tenant appeal. While the building requires capital...

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Home facts

  • Year built:1959
  • Listing ID #:RS26079930
  • Added:58 day(s) ago
  • Updated:June 12, 2026 at 08:33 AM

Rooms and interior

  • Living area:9,356 sq. ft.

Structure and exterior

  • Year built:1959
  • Building area:9,356 sq. ft.
  • Lot area:0.3 Acres
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$374.09

Parking

  • Total parking spaces:12
  • Parking description:10 Carport Space(s)
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:10
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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