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For sale
  • Listed by: Location Hunters RE Management • Dina Ammari • Contact: 310-766-4814
    $1,290,000

    537 S Cabrillo Ave, San Pedro, CA 90731

    4beds
    4baths
    4,920sqft
    : 
    $8,586/mo
    Get pre-qualified
    Mixed Use
    Built in 1923
    -- sqft lot
    $1,254,000 Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Improvements to common areasUpdated interiorsRenovated kitchens and bathroomsNewer windowsUpgraded flooringWell-maintained corner propertyDedicated parking
    Exceptional mixed-use investment opportunity in the heart of Vista Del Oro. This well-maintained corner property offers an attractive combination of residential and commercial income streams, providing investors with diversified cash flow, strong street visibility, and long-term upside potential in one of San Pedro's most dynamic submarkets. The property consists of four residential units, including two one-bedroom/one-bath units and two studio apartments, along with three ground-floor commercial spaces, creating a balanced tenant mix and multiple sources of revenue. The diversified income profile helps mitigate vacancy risk while offering flexibility for future leasing strategies. Numerous capital improvements have enhanced the property's overall appeal and operational efficiency, including updated interiors, renovated kitchens and bathrooms, upgraded flooring, newer windows, and improvements to common areas. Additional tenant amenities include on-site laundry facilities and dedicated parking. Select units enjoy harbor and coastal views, further supporting tenant demand and rental growth potential. Ideally located near Downtown San Pedro, the rapidly transforming waterfront district, restaurants, retail destinations, and major transportation corridors, the property is well-positioned to benefit from the area's ongoing public and private investment. Continued redevelopment, infrastructure enhancements, and waterfront revitalization initiatives are driving increased interest from residents, businesses, and investors alike. For discerning investors, this asset presents an opportunity to acquire a stabilized mixed-use property with value-add potential through strategic rent optimization, commercial lease restructuring, and continued market appreciation. Whether pursuing dependable cash flow, portfolio diversification, future redevelopment potential, or a strategic 1031 exchange acquisition, this property represents a compelling investment opportunity in one of the South Bay's evolving coastal communities.
    14 days
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    304
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dina Ammari DRE #01442382 310-766-4814,

    Location Hunters RE Management

    Source: CRMLS,MLS#: SB26137716MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Rooms
      • Room types: Bedroom, Kitchen, Other
      Bedroom
      • Features: All Bedrooms Up
      Heating
      • Central
      Cooling
      • None
      Appliances
      • Laundry: Common Area, Laundry Room
      Features
      • Ceiling Fan(s), All Bedrooms Up
      • Flooring: Laminate
      • Windows: Blinds, Screens
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,920
      • Total interior livable area: 4,920 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off Street, One Space, Uncovered
      • Carport spaces: 5
      • Uncovered spaces: 5
      Features
      • Levels: Two,Three Or More
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Peek-A-Boo
      Lot
      • Size: 4,500 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 7451031029
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary,Traditional
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Drywall, Glass, Concrete, Plaster, Stucco
      • Foundation: Slab
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1923

      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: Fishing, Street Lights, Sidewalks, Water Sports
      Location
      • Region: San Pedro

      Financial & listing details

      • Price per square foot: $262/sqft
      • Tax assessed value: $1,037,426
      • Annual tax amount: $12,995
      • Date on market: 7/15/2026
      • Cumulative days on market: 14 days
      • Listing terms: Submit
      • Tenant pays: Cable TV, Electricity, Gas, Trash Collection

        Estimated market value

        $1,254,000

        $1.19M - $1.32M

        $2,779/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$1,290,000+38.7%$262/sqft
        Source: CRMLS #SB26137716 Report a problem
        7/7/2020Listing removed$1,250
        Source: Zillow Rental Manager Report a problem
        6/8/2020Listed for rent$1,250
        Source: Zillow Rental Manager Report a problem
        4/26/2019Sold$930,000-2.1%$189/sqft
        Source: CRMLS #PV18285187 Report a problem
        12/6/2018Listed for sale$950,000+68.1%$193/sqft
        Source: Movoto Real Estate #PV18285187 Report a problem
        8/20/2004Sold$565,000+161.6%$115/sqft
        Source: Public Record Report a problem
        5/25/1994Sold$215,999$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,995 +1.5%$1,037,426 +2%
        2024$12,797 +1.9%$1,017,085 +2%
        2023$12,555 +4.8%$997,144 +2%
        2022$11,979 +1.4%$977,593 +2%
        2021$11,811 -1%$958,426 +1%
        2020$11,926 $948,600 +35.6%
        2019$11,926 +40.2%$699,745 +2%
        2018$8,504 $686,025 +2%
        2017$8,504 +2.2%$672,574 +2%
        2016$8,319 +2.5%$659,388 +1.5%
        2015$8,117 $649,484
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: San Pedro

        Getting around

        91 / 100
        Walker's Paradise
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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