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Corner Mixed-Use Property
For Sale
$1,249,000

537 S Cabrillo, San Pedro, CA 90731

Four residential units and three commercial spaces support a diversified mixed-use configuration with on-site laundry and dedicated parking.

Property Size4,920 SF
Days on Market96

Property Features for 537 S Cabrillo

General Information

Standard status Active
Size 4,920 SF
Property subtype Investment

Building Details

Building Size 4,920 SF
Year Built 1923
Stories 2
Units 7
Listing Agency: Location Hunters RE Management
Listed By: Dina Ammari · License #01442382
Source: Elliman
Added: Jul 4 Changed: Sep 30 Last Checked: Oct 7 at 12:52PM

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 Location Hunters RE Management

Investment Insights

Based on property information with market context.

This corner mixed-use property combines four residential units with three ground-floor commercial spaces. The residential component includes two one-bedroom, one-bath units and two studios. Property improvements include refreshed interiors, renovated kitchens and bathrooms, upgraded flooring, newer windows, and common-area enhancements. On-site laundry and dedicated parking add practical tenant amenities, while select units offer harbor and coastal views.

The property is located at 537 S Cabrillo in San Pedro, near Downtown San Pedro, the waterfront district, restaurants, retail destinations, and major transportation corridors. WalkScore is 82, BikeScore is 56, and TransitScore is 45. Originally built in 1923, the asset offers a combination of residential and commercial space within a walkable San Pedro setting.

Key Highlights

  • Four residential units: two one‑bedroom/one‑bath units and two studios
  • Three ground‑floor commercial spaces
  • Corner property at 537 S Cabrillo, San Pedro, CA 90731

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$99,630
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,992,600 $2.0M
Cap Rate 7%
$1,423,286 $1.4M
Cap Rate 9%
$1,107,000 $1.1M
Market Conditions
NOI Build-Up for 4,920 SF
Gross rent
$177.1K $36.00/SF
− Vacancy
−$17.7K −$3.60/SF
EGI
$159.4K $32.40/SF
− OpEx
−$59.8K −$12.15/SF
NOI
$99.6K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,992,600
Cap Rate 7%
$1,423,286
Cap Rate 9%
$1,107,000

Alternative Uses

Best Use
Apartment 5plus
$86.98M
$76.11M – $101.48M (±1% cap)
NOI $6,088,766 @ 7.0% cap · market cap 487.49%
Second Best
Mixed Use
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,630 @ 7.0% cap · market cap 7.98%
Theoretical Best
Multifamily LT 5
$99.68M
$87.22M – $116.29M (±1% cap)
NOI $6,977,337 @ 7.0% cap · market cap 558.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Restaurant Food Market Dental Office Grocery & Convenience Store Building Supply Barber Shop

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

Location Intelligence

Trade Area within ½ mile

1,353
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

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?
Mixed-use property - Four residential units and three commercial spaces support a diversified mixed-use configuration with on-site laundry and dedicated parking.
Where is this mixed-use property located?
The property is located at 537 S Cabrillo San Pedro, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Four residential units: two one‑bedroom/one‑bath units and two studios; Three ground‑floor commercial spaces; Corner property at 537 S Cabrillo, San Pedro, CA 90731
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