$1,249,000
$41K PRICE DROP

537 S Cabrillo Ave San Pedro, CA 90731

San Pedro Area

Estimated payment $7,948/month

Total Views 3,917
2 Beds
4 Baths
4,920 Sq Ft
$254 Price per Sq Ft

Highlights

  • Fishing
  • Contemporary Architecture
  • Central Heating
  • Peek-A-Boo Views
  • Laundry Room
  • Ceiling Fan

About This Home

Exceptional mixed-use investment opportunity in the heart of Vista Del Oro. This well-maintained corner property offers an attractive combination of residential and commercial income streams, providing investors with diversified cash flow, strong street visibility, and long-term upside potential in one of San Pedro's most dynamic submarkets.
The property consists of four residential units, including two one-bedroom/one-bath units and two studio apartments, along with three ground-floor commercial spaces, creating a balanced tenant mix and multiple sources of revenue. The diversified income profile helps mitigate vacancy risk while offering flexibility for future leasing strategies.
Numerous capital improvements have enhanced the property's overall appeal and operational efficiency, including updated interiors, renovated kitchens and bathrooms, upgraded flooring, newer windows, and improvements to common areas. Additional tenant amenities include on-site laundry facilities and dedicated parking. Select units enjoy harbor and coastal views, further supporting tenant demand and rental growth potential.
Ideally located near Downtown San Pedro, the rapidly transforming waterfront district, restaurants, retail destinations, and major transportation corridors, the property is well-positioned to benefit from the area's ongoing public and private investment. Continued redevelopment, infrastructure enhancements, and waterfront revitalization initiatives are driving increased interest from residents, businesses, and investors alike.
For discerning investors, this asset presents an opportunity to acquire a stabilized mixed-use property with value-add potential through strategic rent optimization, commercial lease restructuring, and continued market appreciation. Whether pursuing dependable cash flow, portfolio diversification, future redevelopment potential, or a strategic 1031 exchange acquisition, this property represents a compelling investment opportunity in one of the South Bay's evolving coastal communities.

Listing Agent

Dina Ammari

Location Hunters RE Management Brokerage Phone: 310-766-4814 License #01442382 Listed on: 07/15/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Laminate Flooring
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 10 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 30 / D
  • Tax Tract Number 2966
  • Assessor Parcel Number 7451031029
  • $677 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Fishing
  • Water Sports

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $5,684
  • Trash Expense $5,112
  • Water Sewer Expense $7,380
  • Operating Expense $18,776
  • Gross Income $85,404
  • Net Operating Income $115,024

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,500 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 7380.00
  • Architectural Style: Traditional, Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7451031029
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: Three Or More, Two
  • Price Per Square Foot: 253.86
  • Room Type: All Bedrooms Up, Kitchen
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster, Concrete, Stucco, Glass, Drywall Walls

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Off Street, Parking Space, Uncovered
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 5112.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Watersports, Fishing, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033

Rental Info

  • Tenant Pays: Gas, Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Income: 85404.00
  • Gross Scheduled Income: 144600.00
  • Insurance Expense: 5684.00
  • Lot Size Area: 4500.0000 Square Feet
  • Net Operating Income: 115024.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 18776.00
  • Rent Control: Yes
  • Total Expenses: 18776.00

Tax Info

  • Tax Block: D
  • Tax Lot: 30
  • Tax Tract Number: 2966
  • TaxOtherAnnualAssessmentAmount: 677.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,995 $1,037,426 $557,756 $479,670
2024 $12,797 $1,017,085 $546,820 $470,265
2023 $12,555 $997,144 $536,099 $461,045
2022 $11,979 $977,593 $525,588 $452,005
2021 $11,811 $958,426 $515,283 $443,143
2019 $8,603 $699,745 $449,839 $249,906
2018 $8,504 $686,025 $441,019 $245,006
2016 $8,117 $659,388 $423,895 $235,493
2015 $8,000 $649,484 $417,528 $231,956
2014 $8,027 $636,763 $409,350 $227,413
Source: Public Records

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
08/04/2026 08/04/26 Price Changed $1,249,000 -0.1% $254 / Sq Ft
08/04/2026 08/04/26 Price Changed $1,250,000 -3.1% $254 / Sq Ft
07/15/2026 07/15/26 For Sale $1,290,000 0.0% $262 / Sq Ft
08/01/2020 08/01/20 Rented $1,250 0.0% --
07/07/2020 07/07/20 Under Contract -- -- --
07/07/2020 07/07/20 Off Market $1,250 -- --
06/11/2020 06/11/20 For Rent $1,250 0.0% --
04/26/2019 04/26/19 Sold $930,000 -2.1% $191 / Sq Ft View Prior Sale
12/04/2018 12/04/18 For Sale $950,000 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $930,000 Chicago Title
Grant Deed $565,000 First American Title Company
Trustee Deed $215,999 Southern California Title Co
Source: Public Records

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
Open $604,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26137716

California Regional Multiple Listing Service (CRMLS)

APN: 7451-031-029

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