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Closed
- Listed price
- $1,300,000
- Listed Apr 25, 2022
- Sold price
- $1,300,000
- Sold Jul 1, 2022
11,669 sqft lot|1964 Built|30 MLS days on market
1232 Park Western Pl, San Pedro, CA 90732
Property Description
This fourplex offering presents new investor the exciting opportunity to rehabilitate and reposition the asset, which has some deferred maintenance, to substantially increase rental income and add value: see agent remarks regarding units, and current rents of the remaining two units offer 16 percent rental upside. 1232 North Park Western Drive is a two-story fourplex with a mix of one three-bed/two-bath and three two-bed/one-bath units. The units boast spacious floor plans and in-unit laundry hookups. The property also features ample surface parking in front and an underutilized private backyard. The property is located near the northern bounds of San Pedro on an attractive, quiet residential street near a Target, Harbor Highlands Park, and Park Western Elementary. The average household income within one mile exceeds $124,000. San Pedro is a strong coastal rental submarket that has seen billions of dollars of private and public investment in numerous development projects in recent years. Note: income figures are underwritten using pro forma numbers for two of the four units.
Listing agent: Steven BogoyevacDRE #01332755steve.bogoyevac@marcusmillichap.com, Listing office: Steven M. Bogoyevac, Broker
MLS data updated 11/2/2026, 11:02:39 AM PT
Source: CRMLSMLS #: PW22084121
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,300,000
Jul 1, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,300,000Closed sale · Jul 1, 2022ZIP 90732 · Jul 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsApr 25, 2022 – Jul 1, 2022
ZIP 90732 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.