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 REALTYExceptional 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.
Courtesy of DREAM LIFE REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address224 S Grand AV San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
