224 S Grand Avenue, San Pedro, CA 90731
224 S Grand Avenue, San Pedro, CA 90731
224 S Grand Avenue, San Pedro, CA 90731
18
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$1,995,888
Est. payment /mo
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5 Beds
4 Baths
4,997 Sqft Lot
New

224 S Grand Avenue San Pedro, CA 90731

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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


MLS Router / San Diego MLS
Listed by Luis Alvarez, DRE#01210144 DREAM LIFE REALTY 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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224 S Grand Avenue