1211 Grand Avenue S

Rare opportunity to acquire a well-positioned triplex in the heart of San Pedro, offering strong in-place income with additional long-term upside. The property features a desirable unit mix, including a spacious front unit with a 2 bed / 1.5 bath layout, indoor laundry, and a bonus room, providing added flexibility. The rear units consist of a studio and a fully renovated 1 bed / 1 bath, both equipped with in-unit laundry for tenant convenience. The recently remodeled 1 bed / 1 bath unit has now been leased, delivering immediate stabilized income. Additional highlights include four enclosed garages, a significant amenity that enhances tenant appeal and future value. From an investment perspective, the property offers clear upside potential through an ADU conversion, allowing a new owner to further increase cash flow and maximize the site’s potential. Located in a strong rental market near the ongoing San Pedro waterfront redevelopment, this is a well-rounded asset suited for investors seeking both stable income and future growth. Reach out today for more information.