1038 South Walker Avenue
1038 South Walker Avenue
$1,925,000
$292/SF
Building Size
6,590 SF
Asset Type
MultiFamily
Closing
Oct 10, 2025
AI
The multifamily property located at 1038 South Walker Avenue in the San Pedro market was sold for $1,925,000. The asset comprises 7 units, with a price per unit of $275,000 and a total square footage of 6,590, resulting in a price per square foot of $292.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Units: 7
- Price Per Unit: $275,000
- Square Footage: 6,590
- Price Per Square Foot: $292
- Buyer: James Min Zhu & Ichun Liu
- Seller: Margaret Ann Sahroian
- Broker Representatives: Cameron Samimi & Olga Wright - Lyon Stahl Investment Real Estate
Cameron Samimi and Olga Wright served as the brokers for this transaction, representing the seller, Margaret Ann Sahroian, as the deal was finalized on 10/10/2025.
Players
San Pedro MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93