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.
Property Details
Price:
$924,900
MLS #:
DW25215548
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
193
Listed Date:
Sep 11, 2025
Finished Sq Ft:
2,226
Lot Size:
4,506 sqft / 0.10 acres (approx)
Year Built:
1925
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
WW
Laundry Features
AR
Exterior
Community Features
SL, URB
Parking Spots
2
Financial
Map
Community
- Address1316 S Grand AV Lot 2 San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Subdivisions in San Pedro
Market Summary
Current real estate data for Single Family in San Pedro as of Nov 28, 2025
113
Single Family Listed
45
Avg DOM
319
Avg $ / SqFt
$692,872
Avg List Price
Property Summary
- 1316 S Grand AV Lot 2 San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $924,900 and features 4 beds, 2 baths, and has approximately 2,226 square feet of living space, and was originally constructed in 1925. The current price per square foot is $415. The average price per square foot for Single Family listings in San Pedro is $319. The average listing price for Single Family in San Pedro is $692,872.
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