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Four-Unit Property with Two Buildings
For Sale
$950,000

521 W 16th, San Pedro, CA 90731

Four occupied units offer one-bedroom layouts, in-unit laundry hookups, and recently upgraded elements.

Property Size1,985 SF
Days on Market44

Property Features for 521 W 16th

General Information

Standard status Active
Size 1,985 SF
Property subtype Investment
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Amenities

in-unit washer/dryer hookups

Building Details

Building Size 1,985 SF
Year Built 1922
Buildings 2
Stories 1
Units 4
Tenancy Multi
Listing Agency: Executive Realty and Finance
Listed By: Dareh Gregorian · License #02208598
Source: Elliman
Added: Aug 3 Changed: Sep 11 Last Checked: Sep 15 at 7:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Executive Realty and Finance

Investment Insights

Based on property information with market context.

This quadplex comprises two separate buildings with four total one-bedroom, one-bathroom units. Each residence measures approximately 500 square feet and includes a living room, kitchen, full bathroom, and washer and dryer hookups. Two units have been recently upgraded, and the roof has also received a recent upgrade. All four residences are occupied by long-term tenants, supporting an established rental configuration.

The property is located at 521 W 16th in San Pedro, within walking distance of local shops, restaurants, and neighborhood amenities. Cabrillo Beach is a few blocks away. The property is designated Public Rec zoning. Showings are available by appointment, and occupants are not to be disturbed.

Key Highlights

  • Four total units across two separate buildings
  • Each unit is approximately 500 square feet with one bedroom and one bathroom
  • All four units are occupied by long‑term tenants

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Building Supply Real Estate Agency Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9,048
Businesses Nearby

Demographics for 90731, CA

61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied units offer one-bedroom layouts, in-unit laundry hookups, and recently upgraded elements.
Where is this quadplex located?
The property is located at 521 W 16th San Pedro, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four total units across two separate buildings; Each unit is approximately 500 square feet with one bedroom and one bathroom; All four units are occupied by long‑term tenants
More about this property
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