Stacey Alysson Melman

224 S Grand AV San Pedro CA 90731 MLS #CV26081671

224 S Grand AV
San Pedro, CA, 90731
$1,995,888
Beds
0 Baths
0 SqFt
0.11 Acres
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MLS #CV26081671 image #0
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.
AGENT: Luis Alvarez
LISTING BROKERAGE: DREAM LIFE REALTY
224 S Grand AV
San Pedro, CA

Property Details

Price:
$1,995,888
MLS #:
CV26081671
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
193sanpedronorth
Listed Date:
Apr 16, 2026
Total Sq Ft:
3,210
Lot Size:
4,997 sqft / 0.11 acres (approx)
Year Built:
1925
193 – San Pedro – North193sanpedronorth
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Schools

Interior

Cooling
SEE
Heating
WL
Laundry Features
NO

Exterior

Common Walls
_2CW
Community Features
CRB
Garage Spaces
2
Parking Spots
2
Parking Total
2

Financial

Gross Operating Income
$78,178
Net Operating Income
$78,522

Map

Community

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