CA > San Pedro (los Angeles)
San Pedro (los Angeles), CA 90731,1038 S Walker Ave
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San Pedro (los Angeles), CA 90731,1038 S Walker Ave
San Pedro (los Angeles), CA 90731,1038 S Walker Ave
San Pedro (los Angeles), CA 90731,1038 S Walker Ave
San Pedro (los Angeles), CA 90731,1038 S Walker Ave
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$ 2,050,000
Est. payment /mo
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Pending

1038 S Walker Ave San Pedro (los Angeles), CA 90731

6,590 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,590 sqft

Price per Sqft $311

MLS Listing ID CRSB25175372

HOA Y/N No

Year Built 1985

Lot Size 6,250 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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. Located in a fast-growing area of San Pedro, fueled by over $500M in waterfront redevelopment and lifestyle improvements slated through 2026, this property is a rare opportunity in a market outperforming neighboring cities in both affordability and returns.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Other

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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