$980,000
SOLD DEC 18, 2025

252 W 11th St San Pedro, CA 90731

6 Beds
7 Baths
3,234 Sq Ft
6,757 Sq Ft Lot

Recently Sold

$303 Per Sq Ft

2% Below List Price

62 Days on Market

Highlights

  • No HOA
  • South Facing Home
  • Rectangular Lot
  • San Pedro Senior High School Rated A-

About This Home

As of December 2025

Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Last Agent to Sell the Property

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/03/2025

Co-Listed By

Josh Ess

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659

Last Buyer's Agent

Janet D-Martinez

LPT Realty, Inc License #01230778

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,757 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Rectangular Lot

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 3,234 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Paved Parking

Additional Features

  • Suburban Location
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 6 / 57
  • Tax Tract Number 2971
  • Assessor Parcel Number 7456003012
  • $830 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $5,660
  • Maintenance Expense $4,824
  • Pest Control $450
  • Professional Management Expense $4,824
  • Water Sewer Expense $5,099
  • New Taxes Expense $12,438
  • Operating Expense $35,028
  • Gross Income $101,556
  • Net Operating Income $96,478

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.20
  • Professional Management Expense: 4824.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5099.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7456003012
  • Year Built: 1914
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 303.03

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Electric: Standard
  • Pest Control Expense: 450.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6757.00
  • Lot Size Acres: 0.1551

Multi Family

  • Gross Income: 101556.00
  • Gross Multiplier: 9.80
  • Gross Operating Income: 96478.00
  • Gross Scheduled Income: 101556.00
  • Insurance Expense: 5660.00
  • Lot Size Area: 6757.0000 Square Feet
  • Maintenance Expense: 4824.00
  • Net Operating Income: 96478.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 35028.00
  • Rent Control: Yes
  • Total Expenses: 35028.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12438.00
  • Tax Block: 57
  • Tax Census Tract: 2971.10
  • Tax Lot: 6
  • Tax Tract Number: 2971.10
  • TaxOtherAnnualAssessmentAmount: 830.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Dec 4, 2025
Sold by
Jma La 1 Llc
Bought by
Ab Alliance Ventures Llc
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Janet D-Martinez
LPT Realty, Inc
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.91%

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 15, 2020
Sold by
Mm San Pedro 11Th St Llc
Bought by
Jma La 1 Llc
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,025,000
Sold Price
$970,000
Premium/Discount to List
-$55,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$637,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2017
Sold by
Rodriguez Rogelio and The Rogelio Rodriguez Revocabl
Bought by
Mm San Pedro 11Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2001
Sold by
Rodriguez Rogelio
Bought by
Rodriguez Rogelio and The Rogelio Rodriguez Revocabl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $980,000 Commonwealth Title
Grant Deed $970,000 First American Title
Grant Deed $565,000 First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $637,000 Commercial
Previous Owner $376,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Sold $980,000 -1.5% $303 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $995,000 +2.6% $308 / Sq Ft
08/07/2020 08/07/20 Sold $970,000 -5.4% $300 / Sq Ft View Prior Sale
06/05/2020 06/05/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,025,000 +81.4% $317 / Sq Ft
01/19/2018 01/19/18 Sold $565,000 -22.1% $175 / Sq Ft View Prior Sale
10/06/2017 10/06/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $725,000 +7.4% $224 / Sq Ft
07/31/2016 07/31/16 Sold $675,000 -6.3% $209 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $720,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,183 $1,049,957 $692,756 $357,201
2024 $13,183 $1,029,371 $679,173 $350,198
2023 $12,938 $1,009,188 $665,856 $343,332
2022 $12,358 $989,400 $652,800 $336,600
2021 $12,201 $970,000 $640,000 $330,000
2020 $7,852 $588,126 $442,170 $145,956
2019 $7,564 $576,600 $433,500 $143,100
2018 $2,454 $173,249 $169,330 $3,919
2017 $2,299 $169,559 $166,010 $3,549
2016 $2,209 $166,235 $162,755 $3,480
2015 $2,179 $163,739 $160,311 $3,428
2014 $2,221 $160,532 $157,171 $3,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25232251

California Regional Multiple Listing Service (CRMLS)

APN: 7456-003-012