1316 S Grand Avenue, San Pedro, CA, US, 90731
Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 4
- Bathrooms: 2
- Area: 2226 sq ft
- Lot size: 4506, 4506 sq ft
- Year built: 1925
- View: CityLights,Courtyard,Neighborhood
- County: Los Angeles
- MLS ID: DW25215548
Description
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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.
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Location
- Directions: Take Gaffey to 10th Street to Grand Avenue
- Lot Size Acres: 0.1034 acres
Building Details
- Structure Type: House
- Water Source: Public
- Lot Features: Yard
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 2
- Levels: Two
Amenities & Features
- Pool Features: None
- Parking Total: 2
- Cooling: WallWindowUnits
- Fireplace Features: None
- Interior Features: AllBedroomsUp, AllBedroomsDown
- Laundry Features: CommonArea
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Herbert Diaz
- Agent MLS: YDIAZHER
- Agent email: herb@PLFrealestatesolutions.com
- Agent officephone: 562-639-9636
Miscellaneous
- List Office Name: PLF Real Estate Solutions
- Listing Terms: CashToNewLoan,Conventional,FHA,VaLoan
- Common Interest: None
- Community Features: StreetLights,Urban
- Exclusions: Personal property
- Inclusions: N/A
- Attribution Contact: 562-639-9636
