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$924,900

Est. payment - /mo

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4 Beds

2 Baths

2,226 SqFt

Active

1316 S Grand Avenue San Pedro, CA 90731

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Gina Biglione

gbiglione@gmail.com +1(619) 884-9555

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,226 sqft

Price per Sqft $415

MLS Listing ID DW25215548

Bedrooms 4

Full Baths 2

Year Built 1925

Lot Size 4,506 Sqft

Property Sub-Type Detached

Property Description

Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63,600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the $924,900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern Californias most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.

Location

State CA

County Los Angeles

Direction Take Gaffey to 10th Street to Grand Avenue

Interior

Cooling Wall/Window

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

View Courtyard, Neighborhood, City Lights

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 7454026002

Acceptable Financing Conventional, FHA, VA, Cash To New Loan

Listing Terms Conventional, FHA, VA, Cash To New Loan

Special Listing Condition Standard

Virtual Tour https://youtube.com/shorts/hukHoSMJjOM

Listed by Herbert Diaz PLF Real Estate Solutions

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Gina Biglione

Agent | License ID: 02225190

+1(619) 884-9555

1316 S Grand Avenue San Pedro, CA 90731

Gina Biglione

Key Details

Location

Interior

Exterior

Building

Others

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1316 S Grand Avenue