4115 S Carolina St - Multi-Family FOR SALE


San Pedro, CA 90731- Coastal San Pedro
$1,399,000 USD
310-880-1151
4115 S Carolina St, San Pedro, CA for Sale
$1,399,000 USD
Multi-Family - FOR SALE
1/48
null | 3.37% Cap Rate

4115 S Carolina St
San Pedro, CA 90731
Coastal San Pedro


HIGHLIGHTS

  • Charming 2 story 1920s Craftsman Home, maintaining original character, featuring crown molding, hardwood floors, formal dining room, & front porch
  • Views of the Pacific Ocean
  • 2 studio apartments at the back of the lot for additional income
  • Newer kitchen with a 6-burner range and hardwood cabinetry, remodeled bath with a clawfoot tub, vintage tile, upgraded electrical, copper plumbing
  • Just steps from the ocean bluffs in Point Fermin Park, providing panoramic views

OVERVIEW

We are pleased to present, 4115 South Carolina Street in San Pedro. This offering is a rare opportunity to acquire a coastal property with ocean views that can be rented out as a Triplex income property for investment, or as a Single-Family Residence home with additional income from the two apartment units at the back of the lot. There is a 2-story. 1,920 Square Foot, Craftsman Style house built in 1920 and situated at the front of the lot, which is vacant. The two detached studio cottages, 250 SF each, have their own separate entrance and address. These have been remodeled in recent years and are vacant. There is a single car garage at the rear of the property measuring 11' by 19.5' The property is entered through a gated arbor on Street Carolina Street (Cul de Sac), which leads you into the large garden courtyard that is landscaped with lush plants and natural stone. There are views of the Pacific Ocean from the front courtyard and throughout various rooms inside the main 3 bedroom 1-and-a-half-bathroom home. Features include a formal stone entry that flows into a large family room with an abundance of natural light due to the 10’ high coffered ceilings, and large windows that afford views of the ocean. At the very front of the house is an enclosed sunroom off of the front porch, both with views of the Pacific Ocean. Other architectural features are French doors, crown molding, original doors and hardware, a fireplace (mantle facade), and loads of architectural charm take you back in time to 1920 when this house was originally built. The 3 bedrooms and full bathroom are all upstairs, with a small room off of one of the bedrooms with views of the ocean that could be used as a home office. The kitchen features hardwood cabinetry, Caesar Stone counters, a Viking 6-burner range and a laundry room off of the kitchen with access to the back yard. An expansive formal dining room with a built-in hutch is off the main hallway adjacent to the kitchen. The interior of the house has been updated over the years while preserving its historic character and exterior curb appeal. A fully remodeled bathroom with a classic hexagon floor tile, porcelain tiled walls, a claw-foot tub, and copper plumbing is on the 2nd floor. There is forced air heating, upgraded electrical breakers, tankless water heaters and a pitched roof. Located near Cabrillo Beach, a top destination for surfing and wind sailing, Point Fermin Park, known for its lively Summer Concerts by the Sea, and the walking path on Paseo Del Mar, where you can enjoy breathtaking ocean views, and bike rides. In mid-2026, the Port of Los Angeles in San Pedro is also scheduled to complete the $400 million dollar LA Waterfront Project which will have various eateries, shops, and outdoor music events where Ports of Call was formerly located. This project is going to transform San Pedro’s Waterfront to a destination for entertainment. There are 100 events in the Port of Los Angeles each year and cruise terminals for Princess, Norwegian, and Royal Caribbean collectively making 250 calls to the port each year. San Pedro is one of the last affordable Coastal Communities, and values are on the rise with all of the investment in the peninsula and astute investors who see the future potential in the revitalization of this seaside community.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$578 USD /SF

# OF UNITS

3

PRICE/UNIT

$466,333

CAP RATE

3.37%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex with Ocean Views – Live-In or Invest

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,503 SF

ZONING

R1

APN/PARCEL ID

7467-029-007

ASK ABOUT THIS PROPERTY

Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

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Stephen LampeRE/MAX Commercial & Investment RealtyMore Info
310-880-1151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.