Fourplex in Desirable San Pedro Location - Just a Few Blocks from Cabrillo Marina & the Pacific Ocean | 1978 Construction | No Local Rent Control - Defaults to AB 1482* | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit Residential Asset - Presents Desirable Owner-User Opportunity | Each Unit Contains Washer/Dryer Hook-Ups | Located Near L.A. Waterfront, San Pedro Plaza Park and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Total of 8 Parking Spaces | Some Units Contain Private Balconies | Qualifies for Residential Financing | 4.63% Current Cap Rate & 13.63 Current GRM | 6.25% Pro-Forma Cap Rate & 11.10 Pro-Forma GRM | Close Proximity to World Cruise Center, Battleship USS Iowa Museum, the Los Angeles Maritime Museum & the Port of San Pedro & Port of Long Beach
Sold for $1,290,000
$1,290,000
559 W 21st St, San Pedro, CA 90731
8beds
5baths
4,339sqft
Multi Family
Built in 1978
-- sqft lot
$1,279,200 Zestimate®
$297/sqft
$3,931 Estimated rent
Home value
$1,279,200
$1.15M - $1.42M
$3,931/mo
Zestimate® history
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Private balconies
Zillow last checked:
Listing updated:
Listed by:
Gianluca Jacoli DRE # 01938297 510-708-2662,
Shield CRE, Inc. 310-593-9869,
Jonathan Nikfarjam DRE # 01856803 310-593-9868,
Shield CRE, Inc.
Bought with:
Fred Dibernardo, DRE # 00573495
Fred DiBernardo
Tyler Dibernardo, DRE # 02041856
DiBernardo Realty
Source: CLAW,MLS#: 25526007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Other
Cooling
- Other
Appliances
- Included: Washer, Dryer
- Laundry: In Unit, Other
Interior area
- Total structure area: 4,339
- Total interior livable area: 4,339 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Covered, Open
- Covered spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,000 Square Feet
- Dimensions: 40 x 125
Details
- Additional structures: Other
- Parcel number: 7462030003
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1978
Community & HOA
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $1,363,740
- Annual tax amount: $16,562
- Date on market: 4/16/2025
- Total actual rent: 97205
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Sold | $1,290,000-2.6%$297/sqft |
Source:  CLAW #25526007 Report a problem | ||
| 4/16/2025 | Listed for sale | $1,325,000+99900%$305/sqft |
Source: CLAW #25526007 Report a problem | ||
| 3/3/2012 | Listing removed | $1,325 |
Source: Ingrid Davis DRE#01298353- Mattucci Real Estate Report a problem | ||
| 11/16/2011 | Listed for sale | $1,325-99.8% |
Source: Ingrid Davis DRE#01298353- Mattucci Real Estate Report a problem | ||
| 7/30/2004 | Sold | $770,500$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,125 +1.4% | $1,391,014 +2% |
| 2024 | $16,891 +30.9% | $1,363,740 +32.2% |
| 2023 | $12,907 +4.8% | $1,031,956 +2% |
| 2022 | $12,313 +1.4% | $1,011,722 +2% |
| 2021 | $12,145 -1% | $991,885 +1% |
| 2020 | $12,264 | $981,716 +2% |
| 2019 | $12,264 +5% | $962,468 +2% |
| 2018 | $11,684 | $943,597 +2% |
| 2017 | $11,684 +2.2% | $925,096 +2% |
| 2016 | $11,431 +2.6% | $906,958 +1.5% |
| 2015 | $11,139 +32.6% | $893,336 +35.4% |
| 2014 | $8,403 | $660,000 +20% |
| 2012 | -- | $550,000 |
| 2011 | -- | $550,000 -33.9% |
| 2010 | -- | $831,765 -0.2% |
| 2009 | -- | $833,742 +2% |
| 2008 | -- | $817,395 +2% |
| 2007 | -- | $801,368 +2% |
| 2006 | -- | $785,655 |
| 2005 | -- | $785,655 +102.2% |
| 2004 | -- | $388,635 +1.9% |
| 2003 | -- | $381,513 +2% |
| 2002 | -- | $374,033 +26.8% |
| 2000 | -- | $295,000 |
Find assessor info on the county website
Neighborhood: San Pedro
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Nearby schools
GreatSchools rating
- 6/10Leland Street Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,279,200
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Estimated market value
$1,279,200
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