$924,900

1316 S Grand Avenue, San Pedro, CA 90731

  • 4 beds |
  • 2 baths |
  • 2,226 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon4,504sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $415/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
September 11, 2025 at 05:00AM
Listing Office:
PLF Real Estate Solutions : 562-639-9636
Listing Agent:
Herbert Diaz : 562-639-9636
MLS ID:
DW25215548
  • General: All Bedrooms UpAll Bedrooms Down
  • Laundry: Common Area
  • A/C: Wall/Window Unit(s)
  • Fireplace: None
  • Pool: None
  • Parking: Parking spaces: 2
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: Los Angeles Unified
  • County: Los Angeles
  • Zoning: 7454026002
  • View: City LightsCourtyardNeighborhoodView
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM
  • Exclusions: Personal property

This listing courtesy of Herbert Diaz, PLF Real Estate Solutions

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

1

15th Street Elementary School

1527 S Mesa St, San Pedro, CA, 90731

Grades KG-5

0.26 miles away

D

Dana Middle School

1501 S Cabrillo Ave, San Pedro, CA, 90731

Grades 6-8

0.31 miles away

S

San Pedro High School

1001 W 15th St, San Pedro, CA, 90731

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby