Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by DREAM LIFE REALTY, Luis Alvarez, Listing Contact: 323-855-9346 
5 Beds
4 Baths

$1,995,888

224 S Grand Avenue, San Pedro CA, 90731

Property typeMulti-family

Overview

Active

Listed Apr 16, 2026

Updated Aug 11

6-Unit Income Property with ADU Potential | San Pedro Near West Harbor Well-located 6-unit property in the growing San Pedro market, just minutes from the West Harbor redevelopment. The property consists of three separate structures: a fourplex, a detached single-family residence (2 bed / 1 bath), and a 1 bed / 1 bath unit above the garagestotaling 5 bedrooms, 2 single units, and 6 bathrooms. One garage will be delivered with approved ADU plans, providing a straightforward opportunity to add approximately $1,750/month in additional rental income. Both one-car garages will be delivered vacant, offering flexibility for the new owner (one unit may also be delivered vacant at close of escrow). The current unit mix provides steady income and helps spread risk across multiple units, which can be especially beneficial for a first-time multifamily buyer. The property is tenant-occupied with consistent rental demand and low vacancy, offering reliable in-place income. Located near the waterfront, local dining, and major transportation routes, the property benefits from ongoing growth and redevelopment in the area. A solid investment with current income and clear potential to increase cash flow through the approved ADU addition.

$13,279/mo

Est. mortgage payment based on a $1,995,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CV26081671

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2026 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 5:05 AM UTC, 8/11/2026

   

 

Website advertised by Exude Luxury Group , DRE 397790

Powered by Luxury Presence