Point Fermin Real Estate

Located in the coastal city of San Pedro in Los Angeles County, California, Point Fermin is a charming region that offers a unique blend of natural beauty, historical significance, and recreational opportunities. Situated on the southernmost tip of the Palos Verdes Peninsula, Point Fermin provides residents and visitors with stunning views of the Pacific Ocean and the nearby Catalina Island.

One of the main attractions in Point Fermin is the Point Fermin Lighthouse, a historic landmark that dates back to 1874. This Victorian-style lighthouse served as a guiding light for ships entering the bustling Los Angeles Harbor. Today, visitors can explore the lighthouse and learn about its fascinating history through guided tours and exhibits.

In addition to its historical significance, Point Fermin boasts a variety of outdoor activities. The region is home to Point Fermin Park, a picturesque green space that offers picnic areas, walking paths, and panoramic ocean views. The park is also a popular spot for whale watching, as gray whales migrate along the coast during certain times of the year.

Point Fermin is well-known for its vibrant community events, including the annual Shakespeare by the Sea festival, where visitors can enjoy free outdoor performances of the Bard's classic plays. The region also hosts art walks, farmers markets, and concerts, providing residents with an array of cultural and entertainment options.

With its breathtaking scenery, rich history, and lively community, Point Fermin is a sought-after destination for those seeking a coastal lifestyle in Southern California. Whether you're exploring the lighthouse, enjoying a picnic in the park, or attending a local event, Point Fermin offers something for everyone to enjoy.

Newest Listings in Point Fermin

$1,300,000

8 Beds ⋅ 4 Baths ⋅ 26870919 MLS

We are pleased to present the exclusive offering of 2404 S Carolina St, a well-maintained coastal multifamily investment located in the desirable San Pedro submarket. This exceptional asset represents an attractive opportunity to acquire a 4-unit apartment community in one of Southern California's established coastal rental markets. Originally constructed in 1957, the property consists of approximately 3,672 rentable square feet situated on a 6,092 square foot lot. Residents enjoy ocean views from the property, further enhancing its desirability and tenant appeal. Ideally situated in the Point Fermin neighborhood, the property is near the San Pedro waterfront, Cabrillo Beach, Point Fermin, West Harbor, and a variety of restaurants, retail, and entertainment destinations, offering residents a desirable coastal lifestyle with convenient access to the broader South Bay and Los Angeles markets. Additional amenities include in-unit washers and dryers, four covered parking spaces, and a shared outdoor patio. The property has also benefited from significant recent capital improvements, including a completely repaired foundation, new PEX plumbing throughout the building, five new electrical panels, new exterior paint, and extended gutters. Both upstairs units have been fully renovated, providing a strong foundation for continued property performance. The property is currently operating at a 6.23% capitalization rate and an 11.63 GRM, offering investors an attractive combination of current cash flow and future upside. Additional value-add potential can be realized through renovations to the downstairs units and strategic rent increases, allowing a new owner to enhance rental income and overall property performance. Potential ADU development may provide additional upside, subject to applicable zoning and permitting requirements. Buyer to verify all ADU development potential, requirements, and feasibility. Offered at $1,300,000, 2404 S Carolina St provides investors with an opportunity to acquire a well-maintained coastal multifamily asset at an attractive basis, with a combination of current income, recent capital improvements, and future value-add potential. The property's desirable San Pedro location, ocean views, parking, in-unit laundry, and proximity to ongoing waterfront revitalization position it as an attractive investment opportunity with potential for long-term income growth and appreciation.

2404 S Carolina St, San Pedro

Courtesy of BRC Advisors- BH, John Katnik - CA DRE#02002695

$820,000

4 Beds ⋅ 4 Baths ⋅ 25594511 MLS

Price reduced! This property is now active in an online auction. All offers must be submitted through the property's listing page. Attention savvy investors looking to build or diversify their real estate portfolio! This triplex presents a fantastic opportunity to add an occupied asset to your portfolio. New roof installed December 2024. Conveniently situated near local amenities, schools, and public transportation, making it appealing to a wide range of tenants. Ideal for investors or ambitious owner-users looking to capitalize on a well-located property while having the flexibility to renovate or personalize. Whether you are looking to enhance your investment portfolio or envision a property that reflects your design sensibilities, this triplex is ready for your creative touch. Property sold fully occupied, sight unseen/no interior access. Contact with occupants is prohibited. Do Not Disturb. A Buyer's Premium of 5% will be added to all winning bid amounts to determine the Total Purchase Price. See auction website for more information. All bids will be subject to seller approval (minimums may apply).

667 W 22nd St, San Pedro

Courtesy of Coldwell Banker Realty, Tiffany Dalgic - CA DRE#01896614

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.