224 S Grand Avenue, San Pedro, CA 90731
Local realty services provided by:ERA Excel Realty
224 S Grand Avenue,San Pedro, CA 90731
$1,995,888
- - Beds
- - Baths
- 3,210 sq. ft.
- Single family
- Active
Listed by: luis alvarez
Office: dream life realty909-997-6949
MLS#:CV26081671
Source:CRMLS
Price summary
- Price:$1,995,888
- Price per sq. ft.:$621.77
About this home
Rare opportunity to acquire a well-positioned 6-unit income property in the rapidly evolving San Pedro market, just moments from the highly anticipated West Harbor. This unique offering consists of three separate structures: a fourplex, a detached single-family residence (2 bed / 1 bath), and an additional 1 bed / 1 bath unit situated above a two-car garage. Both garages will be unoccupied (One unit may be delivered vacant at close of escrow)
The property is fully tenant-occupied with strong, consistent rental demand and a proven history of low vacancy. One garage will be delivered with approved ADU plans, presenting immediate upside potential for additional income and long-term value growth.
Positioned in a high-demand coastal submarket undergoing significant redevelopment, this asset offers investors the rare combination of stable in-place income and future expansion potential. Ideal for both seasoned investors and 1031 exchange buyers seeking a strategic addition to their portfolio.
Conveniently located near the San Pedro waterfront, dining, and major transportation corridors, the property benefits from continued economic growth driven by ongoing revitalization efforts in the area.
Don’t miss this opportunity to secure a value-add asset in one of Los Angeles’ fastest-growing coastal communities.
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Home facts
- Year built:1925
- Listing ID #:CV26081671
- Added:1 day(s) ago
- Updated:April 16, 2026 at 07:27 PM
Rooms and interior
- Living area:3,210 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1925
- Building area:3,210 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,995,888
- Price per sq. ft.:$621.77
Parking
- Total parking spaces:2
- Parking description:On Street
- Garage:Yes
- Garage spaces:2
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