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Closed
- Listed price
- $11,000,000
- Listed Dec 12, 2022
- Sold price
- $11,045,000
- Sold Feb 24, 2023
68,569 sqft lot|1961 Built|22 MLS days on market
2161 W 25th St, San Pedro, CA 90732
Property Description
A true once in a lifetime opportunity to purchase in the most exclusive submarket of San Pedro. The Dolphin Cove is a well maintained, 36 units located overlooking the Pacific Ocean, steps from Palos Verdes Golf Course. There are over 50% 2bed 2bath units with mostly ocean views. The Dolphin Cove is well amenitized with ample parking, balconies, onsite laundry, pool, BBQ & a cabana for tenants' enjoyment. It is priced to sell at only $333 per foot, and 5.34% cap rate current - 7.5% cap rate pro forma (9.7 GRM). Additionally, there is the opportunity to add another 11 ADU units onsite - no soft story retrofit required (buyer to verify/ask agent for details). This is an incredible day-one investment with incredible value added opportunity in an irreplaceable location.
Listing agent: Shane YoungDRE #01963090Shane@YoungLewin.com, Listing office: Younglewin Advisors, Inc.
MLS data updated 11/2/2026, 11:05:17 PM PT
Source: CRMLSMLS #: PW22252148
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$11,045,000
Feb 24, 2023
Available records22022–2023
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
$11,045,000Closed sale · Feb 24, 2023ZIP 90732 · Feb 2023
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 recordsDec 12, 2022 – Feb 24, 2023
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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.