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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.
The income description goes here to explain
| List Price | $924,900 |
| Property Type | Single Family Homes |
| Usable Sqft | 2,226 |
| Number of Stories | 2 stories |
| Parking Spots | 2 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7454026002 |
| MLS # | DW25215548 |
| Property ID | 322168001 |
| Lot Sqft | 4,506 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 174 |
| Original List Price | $924,900 |
| Date Updated | February 27, 2026 |
| Date Created | September 11, 2025 |
Herbert Diaz an agent of . Lic #01458024
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 27, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT