Property Detail

224 Grand

San Pedro CA 90731

$1,995,888

Status: Active

Property Details

Description

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) Five bedroom Two singles and 6 bathrooms total 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. --

Map Location

Listing provided courtesy of Luis Alvarez of DREAM LIFE REALTY. Last updated 2026-04-17 08:11:36.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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