521 W 16th St San Pedro, CA 90731
San Pedro AreaEstimated payment $6,042/month
Highlights
- No HOA
- Park
- Privacy Fence
- Wood Frame Window
- Bike Trail
- Level Lot
About This Home
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.
Listing Agent
Executive Realty & Finance Brokerage Phone: 818-590-3198 License #02208598 Listed on: 07/30/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922 | Remodeled
Lot Details
- 4,385 Sq Ft Lot
- No Common Walls
- Privacy Fence
- Fenced
- Level Lot
- Front Yard
Home Design
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
Interior Spaces
- 1,985 Sq Ft Home
- 1-Story Property
- Wood Frame Window
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 2969
- Assessor Parcel Number 7454033012
- $387 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Water Sports
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,245
- Trash Expense $1,364
- Water Sewer Expense $4,800
- Operating Expense $6,164
- Net Operating Income $63,828
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,961 | $806,310 | $561,816 | $244,494 |
| 2024 | $9,828 | $790,500 | $550,800 | $239,700 |
| 2023 | $9,640 | $775,000 | $540,000 | $235,000 |
| 2022 | $7,799 | $640,166 | $446,750 | $193,416 |
| 2021 | $7,699 | $627,615 | $437,991 | $189,624 |
| 2019 | $5,075 | $404,993 | $289,283 | $115,710 |
| 2018 | $5,002 | $397,053 | $283,611 | $113,442 |
| 2016 | $4,769 | $381,637 | $272,599 | $109,038 |
| 2015 | $4,701 | $375,906 | $268,505 | $107,401 |
| 2014 | $4,741 | $368,544 | $263,246 | $105,298 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $950,000 | +22.6% | $479 / Sq Ft | |
| 08/24/2022 08/24/22 | Sold | $775,000 | -1.3% | $390 / Sq Ft | View Prior Sale |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- | |
| 07/13/2022 07/13/22 | Price Changed | $785,000 | -3.0% | $395 / Sq Ft | |
| 06/26/2022 06/26/22 | For Sale | $809,000 | +32.8% | $408 / Sq Ft | |
| 05/01/2019 05/01/19 | Sold | $609,000 | 0.0% | $307 / Sq Ft | View Prior Sale |
| 04/15/2019 04/15/19 | Off Market | $609,000 | -- | -- | |
| 02/22/2019 02/22/19 | Price Changed | $629,000 | -10.0% | $317 / Sq Ft | |
| 02/13/2019 02/13/19 | For Sale | $699,000 | -- | $352 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $775,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $609,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $350,000 | Progressive Title Company | |
| Grant Deed | $605,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | -- | Southland Title Company | |
| Interfamily Deed Transfer | -- | Southland Title Company | |
| Grant Deed | -- | Southland Title Company | |
| Grant Deed | $185,000 | Commonwealth Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $455,000 | New Conventional | |
| Previous Owner | $456,750 | New Conventional | |
| Previous Owner | $234,300 | Unknown | |
| Previous Owner | $484,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $368,000 | Purchase Money Mortgage | |
| Previous Owner | $239,400 | Unknown | |
| Previous Owner | $182,000 | Unknown | |
| Previous Owner | $148,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26164033
APN: 7454-033-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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