




1211 S Grand Ave, San Pedro, CA, 90731
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
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
