
San Pedro, California 90731
This Prime Investment Opportunity is a stabilized mixed-use asset listed at $1,290,000, positioned well below the $1,323,670 Fair Market Value by 2%. This valuation gap offers $33,670 in Instant Equity. Featuring a Condition Rating of 3, the property includes four residential units and three commercial spaces with recent capital improvements. With proximity to Top-Rated Schools like Taper Avenue Elementary, this asset is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking diversified cash flow and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 S Cabrillo Subject | $1,290,000* List Price | 0 | 0 | 4,920 | $269 | - |
A 828 W 9th Street Sold | $1,399,000 | 0 | 0 | 5,609 | $249 | 0.2 mi |
B 629 W 8th W Active | $999,900 List Price | 0 | 0 | 3,716 | $269 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1923, the property has undergone significant capital improvements including renovated kitchens and bathrooms, upgraded flooring, and newer windows. The description indicates a well-maintained, stabilized asset with updated interiors and functional systems, making it move-in ready for tenants.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a strategic mix of four residential units and three commercial spaces, providing a balanced income profile that mitigates vacancy risk and offers multiple sources of cash flow.
Situated in the desirable Vista Del Oro area near the San Pedro waterfront redevelopment, the property is perfectly positioned to benefit from ongoing public and private investment and long-term market appreciation.
Originally constructed in 1923, the property may require more frequent maintenance and oversight of aging structural systems compared to modern builds, despite recent cosmetic updates.
The immediate neighborhood elementary school carries a low rating of 3/10, which may limit the property's appeal to long-term residential tenants with school-aged children.
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.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,920 | 7,598 |
| Lot Size | 4,500 | 8,354 |
| Price | $1.29M | $1.48M |
| Price per sq ft | $262 | $227 |
| Built year | 1923 | 1964 |
| HOA | $0 | $0 |
| Days on market | 7 | 80 |
Jul 15, 2026
$1,290,000
Initial Listing
Apr 26, 2019
$930,000
Public Record
Aug 20, 2004
$565,000
Public Record