224 S Grand Avenue

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Source: California Regional MLS

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C13572

6-Unit Income Property with ADU Potential | San Pedro Near West Harbor Well-located 6-unit property in the growing San Pedro market, just minutes from the West Harbor redevelopment. The property consists of 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. One garage will be delivered with approved ADU plans, providing a straightforward opportunity to add approximately $1,750/month in additional rental income. Both one-car garages will be delivered vacant, offering flexibility for the new owner (one unit may also be delivered vacant at close of escrow). The current unit mix provides steady income and helps spread risk across multiple units, which can be especially beneficial for a first-time multifamily buyer. The property is tenant-occupied with consistent rental demand and low vacancy, offering reliable in-place income. Located near the waterfront, local dining, and major transportation routes, the property benefits from ongoing growth and redevelopment in the area. A solid investment with current income and clear potential to increase cash flow through the approved ADU addition.

224 S Grand Avenue, San Pedro, CA 90731

Market Report for 90731

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