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1,985 sqft

$950,000

521 W 16th, San Pedro CA, 90731

Price per sqft$478.59
Built in1922
Property size1,985 sqft
Property typeMulti-family

Overview

Active

Listed Jul 30, 2026

Updated Aug 17

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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26164033

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

Listed by Dareh Gregorian, Executive Realty & Finance, CA DRE 02208598

Listing Contact: 818-590-3198 

Based on information from the CRISNet MLS as of 8/17/2026, 10:35 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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