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
$1,995,888
224 S Grand AV
San Pedro, CA, 90731
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.

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

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
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Single Family in San Pedro as of Apr 19, 2026
244
Single Family Listed
85
Avg DOM
328
Avg $ / SqFt
$705,049
Avg List Price

Community

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Property Summary

    224 S Grand AV San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $1,995,888 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in San Pedro is $328. The average listing price for Single Family in San Pedro is $705,049. To schedule a showing of MLS#cv26081671 at 224 S Grand AV in San Pedro, CA, contact your James Outland agent at 8057482262.
224 S Grand AV
San Pedro, CA
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