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1038 South Walker Avenue

1038 South Walker Avenue
SOLDMultiFamily

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

Cameron Samimi
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Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

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