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224 S Grand Ave , San Pedro, CA 90731
$1,995,888
Est. Payment: $10,042.99/mo
5 Bed
4 Bath
0 Sqft
Status: active | Days on site: 112
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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 garagestotaling 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.
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Highlights

Listed by Luis Alvarez , 323-855-9346 DREAM LIFE REALTY , 909-997-6949. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.11

County

Los Angeles

Listing ID

CV26081671

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Other/Remarks
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$10,043
Taxes
$1,272

Home Price

$1,995,888

Loan Details

30 yrs
6.453%

Down Payment

20%
$399,178
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,042.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,042.99 $1,272.38 $0.00 $11,315.37
Yearly $120,515.91 $15,268.54 $0.00 $135,784.46
Total $3,615,477.44 $458,056.30 $0.00 $4,073,533.73

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (San Pedro, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-09T02:23:19.000Z

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