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1038 South Walker Avenue

Property Image
SOLD
$1,925,000

California

See Similar Deals
MultiFamily6,590 SF
Sold 10/10/2025
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Property Image
SOLD

1038 South Walker Avenue

1038 South Walker Avenue

See Similar Deals
MultiFamily6,590 SF
Sold 10/10/2025
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$292
Total Square Footage:6,590 SF
Transaction Type:Sale

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

Cameron Samimi
50 deals$136.6M volume(310) 259-7556
BROKER

Olga Wright
Lyon Stahl Investment Real Estate
8 deals$17.5M volume(310) 801-7373
BROKER

Lyon Stahl Investment Real Estate
BROKERAGE

Details

SOLD
IMAGE: Cameron Samimi & Olga Wright DATE: 10/10/2025 ADDRESS: 1038 South Walker Avenue MARKET: San Pedro ASSET TYPE: Multifamily BUYER: James Min Zhu & Ichun Liu SELLER: Margaret Ann Sahroian BROKERS: Cameron Samimi (@Samimi_Investments) & Olga Wright (@OlgaWrightrealestate) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $1,925,000 UNITS: 7 ~ PPU: $275,000 SF: 6,590 ~ PPSF: $292

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,839.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,125.48
Annual Debt Service$109,505.79