224 S Grand Avenue, San Pedro, CA 90731
Local realty services provided by:CENTURY 21 Epic
224 S Grand Avenue,San Pedro, CA 90731
$1,995,888
- - Beds
- - Baths
- 3,210 sq. ft.
- Multi-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 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 garages—totaling 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 risk—ideal 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....
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Home facts
- Year built:1925
- Listing ID #:CV26081671
- Added:1 day(s) ago
- Updated:April 17, 2026 at 06:40 PM
Rooms and interior
- Living area:3,210 sq. ft.
Heating and cooling
- Heating:Wall Furnance
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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