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726 W 37th Street, San Pedro, California 90731, San Pedro, 90731 - 5 bed, 5 bath

726 W 37th Street, San Pedro, California 90731 home-pic-0
ACTIVE$1,748,000
726 W 37th Street, San Pedro, California 90731
5Beds
5Baths
3,070Sqft
6,404Lot
Year Built
1998
Close
-
List price
$1.75M
Original List price
$1.9M
Price/Sqft
$569
HOA
-
Days on market
-
Sold On
-
MLS number
SB25141914
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Park/Greenbelt, Landmark, Ocean, Panoramic
Deck
Patio
ViewCatalina,City Lights,Coastline,Park/Greenbelt,Landmark,Ocean,Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $1.75M(95th), sqft - 3070(62th), beds - 5(93th), baths - 5(98th).

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 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.

Nearby schools

7/10
White Point Elementary School
Public,•K-6•1.0mi
5/10
Leland Street Elementary School
Public,•K-6•1.1mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.4mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.9mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.9mi
4/10
Seventh Street Elementary School
Public,•K-5•2.2mi
2/10
Barton Hill Elementary School
Public,•K-6•2.5mi
5/10
Bandini Street Elementary School
Public,•K-6•2.5mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.9mi
9/10
Park Western Place Elementary School
Public,•K-5•3.0mi
8/10
Mira Catalina Elementary School
Public,•K-5•3.2mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.5mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•4.6mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•5.5mi
6/10
Harbor City Elementary School
Public,•K-5•5.8mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.4mi
8/10
Miraleste Intermediate School
Public,•6-8•3.4mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•4.0mi
6/10
Alexander Fleming Middle School
Public,•6-8•5.8mi
4/10
Hudson K-8
Public,•K-8•7.4mi
6/10
San Pedro Senior High School
Public,•9-12•1.4mi
5/10
Phineas Banning Senior High School
Public,•9-12•6.0mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•6.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.7mi
3/10
Cabrillo High School
Public,•9-12•7.2mi
8/10
Palos Verdes High School
Public,•9-12•8.8mi

Price History

Date
Event
Price
09/10/25
Price Change
$1,748,000-6.8%
09/06/25
Price Change
$1,875,000-1.1%
06/25/25
$1,895,000
Condition Rating
Excellent
This property, built in 1998, has undergone extensive and recent renovations, particularly evident in the upstairs unit. The kitchen features a sleek, modern design with glossy cabinets, integrated stainless steel appliances, custom pantry storage, under-cabinet lighting, and a new dishwasher, all indicative of high-quality, contemporary updates. The living areas boast light wood-look flooring, recessed lighting, modern pendant fixtures, and skylights, creating a 'fresh, modern coastal vibe.' Key systems like central HVAC and a tankless water heater are also modern. While bathroom images are not provided, the overall description of 'modern amenities & design' and the visible quality of other renovated spaces suggest they are also in excellent, updated condition. The property shows no signs of deferred maintenance and meets current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Income Potential & Versatility: This duplex offers over 3,000 SF across two distinct units, providing significant income generation opportunities or flexible multi-generational living. Its R2 zoning and potential for 1-2 additional ADUs further enhance its development and rental income prospects.
Exceptional Car Barn/Garage: A rare and massive, nearly two-story high garage features three commercial roll-up doors, a permitted three-quarter bath, subpanel, 220V outlets, and space for RV/boat parking, making it ideal for car collectors, workshops, or home-based businesses.
Panoramic Ocean & Catalina Views: Enjoy sweeping panoramic views of Catalina Island, the Pacific Ocean, city lights, and local landmarks from the upstairs living room, primary suite, front balcony, and a dedicated rooftop deck.
Modern Amenities & Design: Both units are well-appointed with modern features including central HVAC, tankless water heaters, dual-pane windows, and updated kitchens. The upstairs unit boasts soaring 10.5' ceilings and a desirable rooftop deck.
Spacious & Well-Equipped Units: Each unit offers approximately 1,500 SF of living space, featuring multiple bedrooms and bathrooms. The downstairs unit includes private patios and dedicated tandem parking, enhancing comfort and privacy for residents.

Cons

Recent Price Reductions: The property has undergone multiple price reductions, from an original list price of $1.895M down to $1.748M, which may indicate initial overpricing or market resistance to the current value proposition.
Varying Local School Performance: While some schools are well-rated, several nearby elementary and high schools exhibit lower performance ratings, which could be a significant consideration for families prioritizing access to highly-rated public education.
Specialized Garage Appeal: The exceptionally large and specialized 'car barn' garage, while a unique asset, caters to a niche buyer segment. For buyers without this specific need, it might be perceived as an oversized, potentially underutilized space that adds to the property's cost without offering commensurate value to their lifestyle.

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