224 S Grand Avenue, San Pedro, CA 90731
224 S Grand Avenue, San Pedro, CA 90731
224 S Grand Avenue, San Pedro, CA 90731
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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

6-Unit Income Property with ADU Potential | San Pedro Near West Harbor Well-located 6-unit property in the growing San Pedro market, just minutes from the West Harbor redevelopment. The property consists of 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. One garage will be delivered with approved ADU plans, providing a straightforward opportunity to add approximately $1,750/month in additional rental income. Both one-car garages will be delivered vacant, offering flexibility for the new owner (one unit may also be delivered vacant at close of escrow). The current unit mix provides steady income and helps spread risk across multiple units, which can be especially beneficial for a first-time multifamily buyer. The property is tenant-occupied with consistent rental demand and low vacancy, offering reliable in-place income. Located near the waterfront, local dining, and major transportation routes, the property benefits from ongoing growth and redevelopment in the area. A solid investment with current income and clear potential to increase cash flow through the approved ADU addition.

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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Jacklyn Lamkin Dougan

Jacklyn Lamkin Dougan

Agent | License ID: 01797149

+1(619) 957-0600

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224 S Grand Avenue