45
See all 45 photos
$924,900
Est. payment /mo
4 Beds
2 Baths
2,226 SqFt
Open Sat 11AM-3PM
1316 S Grand Avenue San Pedro, CA 90731
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Open House
Sat Sep 13, 11:00am - 3:00pm
Sun Sep 14, 11:00am - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $415
MLS Listing ID DW25215548
Bedrooms 4
Full Baths 2
Year Built 1925
Property Sub-Type Detached
Property Description
Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63,600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the $924,900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern Californias most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.
Location
State CA
County Los Angeles
Direction Take Gaffey to 10th Street to Grand Avenue
Interior
Cooling Wall/Window
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Courtyard, Neighborhood, City Lights
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 7454026002
Special Listing Condition Standard
Virtual Tour https://youtube.com/shorts/hukHoSMJjOM
Listed by Herbert Diaz PLF Real Estate Solutions
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