224 S Grand Avenue

Rare 6-Unit Opportunity with ADU Upside | Prime San Pedro Near West Harbor Exceptional opportunity to own a well-positioned 6-unit income property in the rapidly growing San Pedro market, just moments from the highly anticipated West Harbor. This unique offering features three separate structures: a fourplex, a detached single-family residence (2 bed / 1 bath), and a 1 bed / 1 bath unit above the garages—totaling 5 bedrooms, 2 single units, and 6 bathrooms. A major highlight of this property is the additional ADU potential, with one garage delivered with approved ADU plans, offering a projected +$1,750/month in additional rental income. Both one-car garages will be delivered unoccupied, providing immediate flexibility for the new owner (one unit may also be delivered vacant at close of escrow). The diverse unit mix is a significant advantage, allowing for multiple rental strategies and helping reduce vacancy risk—ideal for both seasoned investors and those entering the multifamily space. The property is currently tenant-occupied with strong, consistent rental demand and a history of low vacancy, offering stable in-place income with clear upside. Located near the San Pedro waterfront, dining, and major transportation routes, the property is well-positioned to benefit from ongoing redevelopment and long-term growth in the area. Strong current income + ADU upside + flexible unit mix = a smart investment in a high-growth coastal market.