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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
    : 
    $6,339/mo
    Get pre-qualified
    Quadruplex
    Built in 1922
    -- sqft lot
    $932,900 Zestimate®
    $479/sqft
    $-- HOA

    What's special

    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.
    36 days
    257
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Dareh Gregorian DRE #02208598 818-590-3198,

    Executive Realty & Finance

    Source: CRMLS,MLS#: SR26164033MLS LogoOriginating 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

        DateEventPrice
        7/30/2026Listed for sale$950,000+22.6%$479/sqft
        Source: CRMLS #SR26164033 Report a problem
        8/24/2022Sold$775,000-1.3%$390/sqft
        Source: Public Record Report a problem
        8/10/2022Pending sale$785,000$395/sqft
        Source: CRMLS #SB22139311 Report a problem
        8/2/2022Listed for sale$785,000$395/sqft
        Source: CRMLS #SB22139311 Report a problem
        7/18/2022Contingent$785,000$395/sqft
        Source: CRMLS #SB22139311 Report a problem
        7/14/2022Price change$785,000-3%$395/sqft
        Source: CRMLS #SB22139311 Report a problem
        6/26/2022Listed for sale$809,000-3.7%$408/sqft
        Source: CRMLS #SB22139311 Report a problem
        5/11/2022Listing removed--
        Source: CLAW #21-114797 Report a problem
        4/11/2022Price change$839,999-2.2%$423/sqft
        Source: CLAW #21-114797 Report a problem
        3/21/2022Price change$859,000-3.4%$433/sqft
        Source: CLAW #21-114797 Report a problem
        1/6/2022Listed for sale$889,000+46%$448/sqft
        Source: CLAW #21114797 Report a problem
        4/30/2019Sold$609,000-3.2%$307/sqft
        Source: Public Record Report a problem
        4/24/2019Listed for sale$629,000$317/sqft
        Source: West Shores Realty, Inc. #PV19033569 Report a problem
        3/26/2019Pending sale$629,000$317/sqft
        Source: West Shores Realty, Inc. #PV19033569 Report a problem
        2/22/2019Price change$629,000-10%$317/sqft
        Source: West Shores Realty, Inc. #PV19033569 Report a problem
        2/13/2019Listed for sale$699,000+99.7%$352/sqft
        Source: West Shores Realty, Inc. #PV19033569 Report a problem
        10/9/2009Sold$350,000-26.3%$176/sqft
        Source: Public Record Report a problem
        5/18/2009Listing removed$475,000$239/sqft
        Source: Listhub #P664543 Report a problem
        5/17/2009Price change$475,000-10.2%$239/sqft
        Source: Listhub #P664543 Report a problem
        11/15/2008Listed for sale$529,000-12.6%$266/sqft
        Source: Listhub #P664543 Report a problem
        5/2/2006Sold$605,000+227%$305/sqft
        Source: Public Record Report a problem
        7/10/2001Sold$185,000$93/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: San Pedro

        Getting around

        88 / 100
        Very Walkable
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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