CA > San Pedro
San Pedro, CA 90731,1316 S Grand AVE
San Pedro, CA 90731,1316 S Grand AVE
San Pedro, CA 90731,1316 S Grand AVE
San Pedro, CA 90731,1316 S Grand AVE
San Pedro, CA 90731,1316 S Grand AVE
San Pedro, CA 90731,1316 S Grand AVE
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Sam Spinella

Sam Spinella

+1(408) 393-9294
Listed by Herbert Diaz • PLF Real Estate Solutions
$ 924,900
Est. payment | /mo

4 Beds

2 Baths

2,226 SqFt

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$ 924,900
Est. payment | /mo
Save Virtual Tour

4 Beds

2 Baths

2,226 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,226 sqft

Price per Sqft $415

MLS Listing ID CRDW25215548

Bedrooms 4

Full Baths 2

Year Built 1925

Lot Size 4,506 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

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 toda

Location

State CA

County Los Angeles

Area 193 - San Pedro - North

Interior

Cooling Window / Wall Unit

Fireplaces Type None

Laundry Laundry Area

Exterior

Garage Spaces 2.0

Pool None

View Local/Neighborhood, City Lights

Building

Water District - Public

Others

Tax ID 7454026002

Special Listing Condition Not Applicable

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

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Sam Spinella
Sam Spinella

Your Trusted Real Estate Guy | License ID: 01377658

+1(408) 393-9294 | sam@spinellagroup.com

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1316 S Grand AVE