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USACASan Pedro1316 S Grand Ave
1316 S Grand Ave, House other with 4 bedrooms, 2 bathrooms and 2 parking in San Pedro CA | Image 1
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$924,900

1316 S Grand Ave, San Pedro, CA

House

For Sale

$--,---,---
422
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2226 sqft
Garage Yes
Taxes 
Days Active 2
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $415
MLS® Number DW25215548

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63, 600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the $924, 900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern California’s most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.Show Description
MLS® NumberDW25215548
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1034
Exterior
GarageYes
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/CWall Window Units
Heating Fuel

Extras

N/A

Rooms

Show Details
Bedroom 1:Not available

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