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Off Market

672 West 37th Street

Los Angeles CA 90731

8
4
6403 sq. ft.
Multi-Family
Last sold for $450,000
Daniel FredericksDaniel Fredericks, last sold this property on 17 July 2026 after 121 days on market.

Overview

***50% Sale*** of a well-located 4-unit multifamily property in the highly desirable Point Fermin neighborhood of San Pedro. Constructed in 1956, the asset comprises approximately 3,288 square feet of improvements situated on a 6,400 square foot lot. The building features a consistent unit mix of four 2-bedroom, 1-bath units, offering efficient layouts and broad tenant appeal. The property provides stable in-place income with potential for rental growth and operational upside, supported by strong fundamentals in this coastal submarket. It represents a compelling opportunity for investors seeking to expand a portfolio with a well-positioned asset offering both current cash flow and long-term appreciation potential. Ideally located within walking distance of Point Fermin Park, the Korean Bell of Friendship, and scenic coastal bluff trails, the property benefits from a supply-constrained location that continues to drive consistent tenant demand and low vacancy. The property also offers convenient access to Cabrillo Beach, the San Pedro waterfront, and nearby retail and dining amenities, further enhancing its long-term desirability.

Features

8 bedrooms
4 bathrooms
6403 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Los Angeles over the last 12 months, the estimated median property value of 672 West 37th Street is $1.28m.

Median value
$1.28m
Estimated value range
$450k - $1.63m
Median days on market
70
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 672 West 37th Street

2026
Sold
$450,000
17 Jul 2026 by Daniel Fredericks, of Fredericks Realty,Broker

Happy sellers in Los Angeles

92%
92% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom multi families in Los Angeles

In the last 12 months, 7 eight-bedroom multi families similar to 672 West 37th Street, have been sold.

This represents a 33% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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