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$ 1,995,888
Est. payment /mo
New
224 S Grand Avenue San Pedro, CA 90731
5 Beds
4 Baths
4,997 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26081671
Bedrooms 5
Lot Size 4,997 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare 6-Unit Opportunity with ADU Upside | Prime San Pedro Near West Harbor Exceptional opportunity to own a well-positioned 6-unit income property in the rapidly growing San Pedro market, just moments from the highly anticipated West Harbor. This unique offering features three separate structures: a fourplex, a detached single-family residence (2 bed / 1 bath), and a 1 bed / 1 bath unit above the garagestotaling 5 bedrooms, 2 single units, and 6 bathrooms. A major highlight of this property is the additional ADU potential, with one garage delivered with approved ADU plans, offering a projected +$1,750/month in additional rental income. Both one-car garages will be delivered unoccupied, providing immediate flexibility for the new owner (one unit may also be delivered vacant at close of escrow). The diverse unit mix is a significant advantage, allowing for multiple rental strategies and helping reduce vacancy riskideal for both seasoned investors and those entering the multifamily space. The property is currently tenant-occupied with strong, consistent rental demand and a history of low vacancy, offering stable in-place income with clear upside. Located near the San Pedro waterfront, dining, and major transportation routes, the property is well-positioned to benefit from ongoing redevelopment and long-term growth in the area. Strong current income + ADU upside + flexible unit mix = a smart investment in a high-growth coastal market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Heading south on the 110 Fryway exit Gaffey St and head south turn left (East) on 1st st the right (South) on Grand to the prope
Interior
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7451017013
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Luis Alvarez, DRE#01210144 DREAM LIFE REALTY
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