726 W 37th Street

Description

Rarely does a property like this come to market. Two units over 3000 SF and a massive car “barn”! The upstairs has 10.5′ ceilings, a rooftop deck, ocean views, that’s bright, spacious, fresh and captures the essence of modern coastal living. Multi-generational living possibilities? Living in one rent the other? Rent both and keep the garage for garage toys? Possibility to build 1-2 ADU’s? Family compound? Opportunities abound! Enjoy ocean views from the upstairs living room and primary bedroom and balcony that spans the front. The kitchen offers all full extension drawers, custom pantry storage, cabinetry above and below, additional cabinets facing the living area, and under cabinet lighting and a new dishwasher. Cooktop is electric however there is a gas hookup in place. This unit also has central HVAC and a tankless water heater. There’s also a rooftop deck that offers sweeping views of sailboats and Catalina Island on clear days, the Korean Bell and coastal port town of San Pedro. The downstairs unit, also around 1500 sq/ft, features 3 bedrooms, 2 baths, a spacious living area, dining and second living area that leads to a private patio. Additional highlights include granite countertops, recessed lighting, ceiling fans, new dishwasher and double pane windows throughout. This unit includes washer/dryer hookups, private patios, tandem gated parking, & a carport. The oversized garage is a rare asset with three commercial roll up doors, multiple skylights, a permitted three quarter bath, heavy duty commercial shelving, a spiral staircase leading to a loft. It even a dedicated water heater, its own electric subpanel, two 220V outlets and a 120+ sq/ft enclosed storage room with a separate exterior entry. The garage has ceilings approximately two stories high and a steel gantry beam with an open truss system that eliminates the need for interior support columns, maximizing usable space. It can fit five cars and potentially up to 12+ or more depending on size of cars/configuration and if adding lifts. Alongside the garage is a large exterior space that can accommodate an RV or even a boat. Whether you’re a car collector, enthusiast, creative, or home based business owner, this setup is exceptional. Gross Income Est $12,000/mo. The property is not under RSO and may allow for up to two ADUs. Buyer to verify with the city. Properties with this level of flexibility, scale, and opportunity are truly rare, all while enjoying what’s already in place.