726 W 37th Street, San Pedro, CA 90731

$1,748,000

New price reflecting exceptional value, this rare property offers over 3,000 SF across two units, ocean views and a massive car “barn” garage perfect for car collectors, creatives, or even a home workshop. The upstairs unit showcases soaring 10.5' ceilings, a rooftop deck, abundant natural light, and a fresh, modern… Read More coastal vibe. Multi-generational living? Live in one and rent the other? Rent both while keeping the garage for your collection? Add 1–2 ADUs? Create a family compound? Opportunities abound. See video virtual tours: one providing a linear walkthrough of the upstairs unit, rooftop deck, garage, and downstairs unit, and another focusing on the garage. Enjoy ocean views from the upstairs living room, primary suite, and front balcony. The kitchen is designed with full-extension drawers, custom pantry storage, cabinets on both sides, under-cabinet lighting, and a new dishwasher. While the cooktop is currently electric, a gas hookup is in place. Central HVAC and a tankless water heater add comfort, while the rooftop deck offers sweeping views of sailboats, Catalina Island, the Korean Bell, and the coastal port town of San Pedro. The downstairs unit (also about 1,500 SF) features three bedrooms, two baths, a spacious living room, dining area, and second living space that opens to a private patio. Highlights include granite countertops, recessed lighting, ceiling fans, new dishwasher, dual-pane windows, and washer/dryer hookups. This unit also includes private patios, three tandem parking spaces. The oversized garage is a rare asset in itself: three commercial roll-up doors, skylights, a permitted three-quarter bath, heavy-duty shelving, a spiral staircase to a loft, dedicated water heater, subpanel, two 220V outlets, a 120+ SF enclosed storage room with exterior access, and washer/dryer hookups. With ceilings nearly two stories high and a steel gantry beam supporting an open truss system, the garage maximizes usable space. It can fit potentially 12+ if you added lifts depending on configuration. Alongside the garage, a large exterior space accommodates an RV or boat. Whether you’re a car collector, creative, home-based business owner, or seeking a workshop, this setup is exceptional. Zoned R2, not subject to RSO, and with the potential to add up to two ADUs (buyer to verify all details with the city), this property combines scale, flexibility, and rare opportunity. Come on by and see if this is a place you can call home. Read Less

Property listed by Keller Williams Palos Verdes, Michelle Velasco [email protected]

Listing Snapshot

Days Online

145

Last Updated

Dec 7, 2025

Property Type

Duplex

Lot Size

0.15 Acres

Year Built

1998

MLS Number

SB25134306

Additional Details

Property Access

Frontage Type: Alley, CityStreet, Road Surface: Paved

Appliances & Equipment

Dishwasher, ElectricCooktop, Microwave

Building

Built in 1998, 2 buildings, 3 stories, Levels: Two, MultiSplit, Entry level: 1, Entry location: Front, Construction Materials: Stucco, CopperPlumbing

Community

Curbs, Fishing, Hiking, PreservePublicLand, StreetLights, Sidewalks, WaterSports, Park

Cooling

CentralAir, SeeRemarks

Expenses

Operating: $43,200

Fireplaces

None

Floors

SeeRemarks

Foundation

Raised

Garage

5 spaces

Heating

Central, NaturalGas

Income

Gross Income: $45,600, Gross ScheduledIncome: $144,000, Net Operating Income: $100,800

Interior Features

RecessedLighting

Laundry

WasherHookup, GasDryerHookup, SeeRemarks

Lot

0.147 acres, ZeroToOneUnitAcre, NearPark

Parking

5 open parking spaces, 10 total parking spaces, Boat, Concrete, Covered, Carport, DoorMulti, Driveway, Garage, GarageDoorOpener, Gated, OffStreet, Oversized, Paved, Private, GarageFacesRear, RvPotential, RvGated, RvAccessParking, SeeRemarks, Storage, Tandem

Pool

None

Sewer

PublicSewer

Taxes

Parcel Number: 7467012019, Tax Block: 12, Lot: 20

Tenant Pays

SeeRemarks

Utilities

ElectricityAvailable, NaturalGasAvailable, SewerConnected, WaterAvailable, Water Source: Public, ElectricityOnProperty, Volts220InGarage, Volts220InWorkshop, 2 separate electric meters, 2 separate gas meters

Windows

DoublePaneWindows

Find The Perfect Home