1504 S Grand San Pedro, CA 90731
5,266 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB26038089
Construction Status Turnkey
HOA Y/N No
Year Built 1972
Lot Size 5,266 Sqft
Property Sub-Type Triplex
Property Description
The Spacious 3 Bedroom 2 Bath home has an open kitchen and eat-at bar that opens to dining room, and a Large Family room and Living room with a split fireplace .The spacious Master bedroom is ensuite with storage cupboards and a large wall of closets and forced air heating. This home also comes with a Private Patio with sliding Door Access from the kitchen area, perfect for entertaining. This home also comes with a Private Garage with direct access and washer dryer hookup.
Located in a Family friendly neighborhood, this property can be yours for a Low Down Payment and provide additional rental income to help with the monthly mortgage payments.
The 2 additional rental units include long term tenants with steady rental income and plenty of upside rent potential. The 3 Bedroom 2 Bath home can be rented for $3800.00 per month. The large 2 bedroom 1 bath apartment over the garages rents for $1344.00 while the studio apartment rents for an additional $1250 per month, making this property an Outstanding Investment with monthly income of $6394.
Prime location only 8 miles to Long Beach, 23 miles to Downtown L.A., and 20 miles to L.A.X. A short commute to many cities.
Located near the New Waterfront project with restaurants, shops, museums, and music venues, the property has valuable nearby access to the 110 freeway.
This property has been well maintained. New roof 2025, new vinyl windows, fresh paint. Raised foundation and well-insulated, help lower energy costs. Two separate electric and gas meters.
The 2 additional rentals include a large 2 Bedroom 1 Bathroom rental above the 2 car garage. This unit has one of the garages with a private washer dryer hookup and a Private Patio.
The other unit is a large Studio apartment that has two rooms, plus a full bathroom. The Kitchen is open with den-like seating area, gas range, refrigerator and plenty of cupboard space. The “Bedroom” has a 3' deep large closet for clothing and storage. This unit has a front and back door and a private yard.
Key things to know:
Great Freeway Access – near Long Beach, L.A.X. and Downtown L.A.
Popular friendly family neighborhood.
Additional rental income for Homeowner.
Near Oceanfront entertainment venue and Downtown San Pedro Events.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Interior Features Block Walls, Open Floorplan, Tile Counters, Main Level Primary
Heating Central, Forced Air, Wall Furnace
Flooring Carpet, Vinyl
Fireplaces Type Family Room, Living Room, Primary Bedroom, Outside, Wood Burning
Fireplace Yes
Appliance Built-In Range, Gas Cooktop, Gas Oven, Range Hood
Laundry In Garage
Exterior
Parking Features Assigned, Door-Single, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Masonry
Pool None
Community Features Biking, Curbs, Foothills, Golf, Hiking, Street Lights, Sidewalks, Water Sports, Fishing, Marina
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Composition,Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description 11-15 Units/Acre, Level, Rectangular Lot
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Custom, Traditional
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7454032001
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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