2316 S Alma

Welcome to 2316 S Alma Street, a standout income property offering three total units across 2,646 square feet in one of San Pedro's most welcoming neighborhoods. This is a rare chance to acquire a turnkey multi-unit property with built-in flexibility — move in, rent out, or do both.
The front duplex features a spacious 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, both recently updated with remodeled kitchens and bathrooms for a fresh, move-in-ready feel. The 3 bedroom unit will be delivered vacant at close of escrow — perfect for an owner-occupant or a buyer looking to set rents at market from day one — and is covered by fully paid-off solar for meaningful utility savings. The 2-bedroom unit is currently occupied, providing immediate, established rental income.
Rounding out the property is a beautiful, brand new 370 square foot 1-bedroom, 1-bath ADU - thoughtfully finished with a mini-split heating and air system and a tankless water heater. This unit will also be delivered vacant at close of escrow — offering true flexibility for a buyer to move in, host family, or lease up for additional income.
Ideally located near Averill Park and just minutes from neighborhood favorites like Busy Bee, Colossus Bakery, and Choriman, this property sits in a pocket of San Pedro that continues to attract buyers and investors alike.
Whether you're looking to owner-occupy while offsetting your mortgage, or add a fully renovated, income-diversified asset to your portfolio, 2316 S. Alma St delivers rare flexibility and brand-new construction rarely found at this price point. Schedule your showing today!