1038 S Walker Ave, San Pedro, CA 90731

Local realty services provided by:ERA North Orange County Real Estate
1038 S Walker Ave,San Pedro, CA 90731
$2,050,000
  • 6 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:olga wright
Office:lyon stahl investment real estate, inc.
MLS#:SB25175372
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,050,000

About this home

Prime Investment Opportunity Built in 1985 Not Subject to LA City Rent Control (Only AB-1482)...Located in the sought-after Vista del Oro neighborhood, 1038 S Walker Ave is a well-maintained multifamily asset offering strong in-place income and substantial upside. The property features ample parking, and includes an additional unpermitted unit that was previously rented and now offers a straightforward ADU conversion opportunity. There's also an attached office/storage space adjacent to the communal laundry area, which presents potential for a second ADU or additional income through rental. The 6,590 SF building sits on a 6,250 SF lot, priced attractively at $311/SF, operating at a 5.07% CAP and 12.28 GRM. The property features a diverse unit mix with one 3-bedroom/3-bath and six 1-bedroom/1-bath units with some units offering private balconies, fireplaces, and exceptional ocean views. A spacious 3-bed, 3-bath townhouse-style unit is ideal for an owner-user or top-market rent.

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Home facts

  • Listing ID #:SB25175372
  • Added:57 day(s) ago
  • Updated:October 04, 2025 at 02:00 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6

Finances and disclosures

  • Price:$2,050,000
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