Don't miss this exceptional opportunity to own an income-producing fourplex located just half miles from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities.
The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups.
Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income.
This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies).
Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment. Please read agent remarks for showing.
For sale
Listed by: Executive Realty & Finance • Dareh Gregorian • Contact: 818-590-3198
$950,000
521 W 16th St, San Pedro, CA 90731
4beds
4baths
1,985sqft
Quadruplex
Built in 1922
-- sqft lot
$932,900 Zestimate®
$479/sqft
$-- HOA
What's special
- 36 days
- 257
- 9
Zillow last checked:
Listing updated:
Listed by:
Dareh Gregorian DRE #02208598 818-590-3198,
Executive Realty & Finance
Source: CRMLS,MLS#: SR26164033
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Flooring: Carpet, Vinyl
- Windows: Wood Frames
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,985
- Total interior livable area: 1,985 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
- Spa features: None
- Fencing: Privacy
Lot
- Size: 4,385 Square Feet
- Features: Front Yard, Level
Details
- Parcel number: 7454033012
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Raised
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Biking, Park, Water Sports
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $822,435
- Date on market: 7/30/2026
- Cumulative days on market: 37 days
- Listing terms: Cash,Conventional
Estimated market value
$932,900
$886,000 - $980,000
$2,974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $950,000+22.6%$479/sqft |
Source: | ||
| 8/24/2022 | Sold | $775,000-1.3%$390/sqft |
Source: Public Record Report a problem | ||
| 8/10/2022 | Pending sale | $785,000$395/sqft |
Source: | ||
| 8/2/2022 | Listed for sale | $785,000$395/sqft |
Source: | ||
| 7/18/2022 | Contingent | $785,000$395/sqft |
Source: | ||
| 7/14/2022 | Price change | $785,000-3%$395/sqft |
Source: | ||
| 6/26/2022 | Listed for sale | $809,000-3.7%$408/sqft |
Source: | ||
| 5/11/2022 | Listing removed | -- |
Source: | ||
| 4/11/2022 | Price change | $839,999-2.2%$423/sqft |
Source: | ||
| 3/21/2022 | Price change | $859,000-3.4%$433/sqft |
Source: | ||
| 1/6/2022 | Listed for sale | $889,000+46%$448/sqft |
Source: | ||
| 4/30/2019 | Sold | $609,000-3.2%$307/sqft |
Source: Public Record Report a problem | ||
| 4/24/2019 | Listed for sale | $629,000$317/sqft |
Source: West Shores Realty, Inc. #PV19033569 Report a problem | ||
| 3/26/2019 | Pending sale | $629,000$317/sqft |
Source: West Shores Realty, Inc. #PV19033569 Report a problem | ||
| 2/22/2019 | Price change | $629,000-10%$317/sqft |
Source: West Shores Realty, Inc. #PV19033569 Report a problem | ||
| 2/13/2019 | Listed for sale | $699,000+99.7%$352/sqft |
Source: West Shores Realty, Inc. #PV19033569 Report a problem | ||
| 10/9/2009 | Sold | $350,000-26.3%$176/sqft |
Source: Public Record Report a problem | ||
| 5/18/2009 | Listing removed | $475,000$239/sqft |
Source: Listhub #P664543 Report a problem | ||
| 5/17/2009 | Price change | $475,000-10.2%$239/sqft |
Source: Listhub #P664543 Report a problem | ||
| 11/15/2008 | Listed for sale | $529,000-12.6%$266/sqft |
Source: Listhub #P664543 Report a problem | ||
| 5/2/2006 | Sold | $605,000+227%$305/sqft |
Source: Public Record Report a problem | ||
| 7/10/2001 | Sold | $185,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $822,435 +2% |
| 2025 | $9,961 +1.4% | $806,310 +2% |
| 2024 | $9,828 +2% | $790,500 +2% |
| 2023 | $9,640 +23.6% | $775,000 +21.1% |
| 2022 | $7,799 +1.3% | $640,166 +2% |
| 2021 | $7,699 -1% | $627,615 +1% |
| 2020 | $7,774 | $621,180 +53.4% |
| 2019 | $7,774 +55.4% | $404,993 +2% |
| 2018 | $5,002 | $397,053 +2% |
| 2017 | $5,002 +2.2% | $389,268 +2% |
| 2016 | $4,894 +2.6% | $381,637 +1.5% |
| 2015 | $4,769 +0.6% | $375,906 +2% |
| 2014 | $4,741 | $368,544 +4.5% |
| 2011 | -- | $352,635 +0.8% |
| 2010 | -- | $350,000 -44.4% |
| 2008 | -- | $629,442 +214.7% |
| 2005 | -- | $199,985 +4% |
| 2004 | -- | $192,222 +1.9% |
| 2003 | -- | $188,700 +2% |
| 2002 | -- | $185,000 +2.8% |
| 2000 | -- | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: San Pedro
Local buyer's agents are ready to help







