REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Sep

Sat

Sep

Sun

Sep

Tony Garcia

homesbyasg@gmail.com +1(323) 334-1124

$ 924,900

Est. payment | -/mo

4 Beds

2 Baths

2,226 SqFt

Save Virtual Tour

$ 924,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

2,226 SqFt

Open House

Sat Sep 13, 11:00am - 3:00pm

Sun Sep 14, 11:00am - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,226 sqft

Price per Sqft $415

MLS Listing ID DW25215548

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1925

Lot Size 4,504 Sqft

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Los Angeles

Area 193 - San Pedro - North

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Urban

View Y/N Yes

View City Lights, Courtyard, Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description Yard

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 7454026002

Acceptable Financing Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://youtube.com/shorts/hukHoSMJjOM

Listed by Herbert Diaz PLF Real Estate Solutions 562-639-9636

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 334-1124

homesbyasg@gmail.com

8526 Florence Ave, Downey, CA, 90240, USA

1316 S Grand AVE San Pedro, CA 90731