726 W 37th Street

Description

Ocean View DUPLEX + Potential 12+ Car Two-story Garage? Its rare to find luxury, income potential and a premium garage with commercial grade features and massive versatility all in one property. The upstairs owners unit captures the essence of modern coastal living, filled with natural light from six skylights and soaring 10 ft+ ceilings. Enjoy ocean views from the living room and primary bedroom, both with direct access to the front deck. 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. Theres also a rooftop deck that offers sweeping views of Catalina Island and the Lighthouse on clear days, the Korean Bell and our 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, and a front 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 additional ADUs. Buyer to verify with the city. Properties with this level of flexibility, scale, and opportunity are truly rare, all while enjoying whats already in place. Come see if this is the place youll want to call home.