Sold for $980,000

Listed by: Buckingham Investments, Inc • Anthony Walker • Contact: 310-982-7055

Bought with: PARTNER Real Estate

$980,000

252 W 11th St, San Pedro, CA 90731

6beds

7baths

3,234sqft

Multi Family

Built in 1914

-- sqft lot

$-- Zestimate^®

$303/sqft

$4,928 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,928/mo

Zestimate^® history

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What's special

Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7

Cooling

None

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,234
Total interior livable area: 3,234 sqft

Property

Parking

Total spaces: 5
Parking features: Concrete
Uncovered spaces: 5

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 6,757 Square Feet
Features: Rectangular Lot

Details

Parcel number: 7456003012
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Composition

Condition

New construction: No
Year built: 1914

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Suburban

Location

Region: San Pedro

Financial & listing details

Price per square foot: $303/sqft
Tax assessed value: $1,050,257
Annual tax amount: $13,396
Date on market: 10/3/2025
Cumulative days on market: 62 days
Listing terms: Cash to New Loan

Price history

Date	Event	Price
12/18/2025	Sold	$980,000-1.5%$303/sqft
Source: CRMLS #SB25232251 Report a problem
12/4/2025	Pending sale	$995,000$308/sqft
Source: CRMLS #SB25232251 Report a problem
11/6/2025	Listed for sale	$995,000$308/sqft
Source: CRMLS #SB25232251 Report a problem
10/28/2025	Contingent	$995,000$308/sqft
Source: CRMLS #SB25232251 Report a problem
10/4/2025	Listed for sale	$995,000+2.6%$308/sqft
Source: CRMLS #SB25232251 Report a problem
6/3/2025	Listing removed	$2,499$1/sqft
Source: Zillow Rentals Report a problem
5/29/2025	Price change	$2,499-4.8%$1/sqft
Source: Zillow Rentals Report a problem
5/20/2025	Listed for rent	$2,625$1/sqft
Source: Zillow Rentals Report a problem
8/7/2020	Sold	$970,000+71.7%$300/sqft
Source: Public Record Report a problem
1/19/2018	Sold	$565,000$175/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,396 +1.6%	$1,050,257 +2%
2024	$13,183 +1.9%	$1,029,671 +2%
2023	$12,938 +4.7%	$1,009,488 +2%
2022	$12,358 +1.3%	$989,700 +2%
2021	$12,201 +55.4%	$970,300 +65%
2020	$7,852	$588,126 +2%
2019	$7,852 +220%	$576,600 +232.8%
2018	$2,454	$173,249 +2.2%
2017	$2,454 +6.7%	$169,559 +2%
2016	$2,299 +4.1%	$166,235 +1.5%
2015	$2,209 -0.5%	$163,739 +2%
2014	$2,221	$160,532 +4.5%
2011	--	$153,604 +0.8%
2010	--	$152,457 -0.2%
2009	--	$152,820 +2%
2008	--	$149,825 +2%
2007	--	$146,888 +2%
2006	--	$144,009 +4%
2004	--	$138,418 +3.9%
2002	--	$133,219