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1038 South Walker Avenue

Updated Oct 31, 2025

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

About this deal

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

$153.8M

vol

57 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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Deal FAQ

About $292 per square foot on a published $1.9M for 6,590 square feet (2025).

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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

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