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1211 S Grand Ave, San Pedro, CA, 90731

3beds
4baths
2,114sqft
$879,999
$416price/sqft
$5,567/moest. monthly cost
$222,680/yrincome needed

About This Home

Rare opportunity to acquire a well-positioned triplex in the heart of San Pedro, offering strong in-place income with additional long-term upside. The property features a desirable unit mix, including a spacious front unit with a 2 bed / 1.5 bath layout, indoor laundry, and a bonus room, providing added flexibility. The rear units consist of a studio and a fully renovated 1 bed / 1 bath, both equipped with in-unit laundry for tenant convenience. The recently remodeled 1 bed / 1 bath unit has now been leased, delivering immediate stabilized income. Additional highlights include four enclosed garages, a significant amenity that enhances tenant appeal and future value. From an investment perspective, the property offers clear upside potential through an ADU conversion, allowing a new owner to further increase cash flow and maximize the site’s potential. Located in a strong rental market near the ongoing San Pedro waterfront redevelopment, this is a well-rounded asset suited for investors seeking both stable income and future growth. Reach out today for more information.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 2,114
  • Total interior livable area: 2,114 sqft

Property

Details

  • Parcel number: 7454021028
  • Attached to another structure: Yes
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 4,501 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4