Exceptional value-add investment opportunity at 727 W 16th Street, a well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is just minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. ***The property features an ideal unit mix of all 2 Bedroom 1 Bath units. Garage in the rear of the property is currently vacant and can be rented or converted into an ADU (buyer to verify). Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. ***This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
Sold for $710,000
Listed by: Lyon Stahl Investment Real Estate, Inc. • Olga Wright • Contact: 310-606-2076
Bought with: Beach City Brokers
Tax assessed value
$710,000
727 W 16th St, San Pedro, CA 90731
4beds
2baths
1,523sqft
Duplex
Built in 1947
-- sqft lot
$799,100 Zestimate®
$466/sqft
$3,269 Estimated rent
Home value
$799,100
$735,000 - $863,000
$3,269/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Olga Wright DRE #01315042 3108017373,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Rebecca Bond, DRE #01938242
Beach City Brokers
Source: CRMLS,MLS#: SB24101707
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,523
- Total interior livable area: 1,523 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 5,218 Square Feet
- Features: Walkstreet
Details
- Parcel number: 7454035010
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $710,000
- Annual tax amount: $8,690
- Date on market: 5/23/2024
- Cumulative days on market: 60 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2024 | Sold | $710,000-5.3%$466/sqft |
Source:  CRMLS #SB24101707 Report a problem | ||
| 8/22/2024 | Pending sale | $750,000$492/sqft |
Source: CRMLS #SB24101707 Report a problem | ||
| 7/24/2024 | Contingent | $750,000$492/sqft |
Source: CRMLS #SB24101707 Report a problem | ||
| 5/26/2024 | Listed for sale | $750,000$492/sqft |
Source: CRMLS #SB24101707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,690 +164.3% | $710,000 +181.4% |
| 2024 | $3,288 +1.9% | $252,314 +2% |
| 2023 | $3,228 +4.7% | $247,368 +2% |
| 2022 | $3,081 +1.4% | $242,518 +2% |
| 2021 | $3,038 -0.9% | $237,764 +1% |
| 2020 | $3,064 | $235,328 +2% |
| 2019 | $3,064 +6.4% | $230,714 +2% |
| 2018 | $2,879 | $226,192 +2% |
| 2017 | $2,879 +2.3% | $221,758 +2% |
| 2016 | $2,816 +2.8% | $217,410 +1.5% |
| 2015 | $2,739 +0.6% | $214,146 +2% |
| 2014 | $2,722 | $209,952 +2.5% |
| 2012 | -- | $204,906 +2% |
| 2011 | -- | $200,890 +0.8% |
| 2010 | -- | $199,390 -0.2% |
| 2009 | -- | $199,864 +2% |
| 2008 | -- | $195,946 +2% |
| 2007 | -- | $192,104 +2% |
| 2006 | -- | $188,338 |
| 2005 | -- | $188,338 +4% |
| 2004 | -- | $181,026 +1.9% |
| 2003 | -- | $177,710 +2% |
| 2002 | -- | $174,226 +4% |
| 2000 | -- | $167,462 |
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: 0.6 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$799,100
Get a cash offer in 3 minutes
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Estimated market value
$799,100
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