1316 S Grand Ave San Pedro, CA 90731
Estimated payment $5,603/month
Total Views
7,776
4
Beds
2
Baths
2,226
Sq Ft
$415
Price per Sq Ft
Highlights
- Very Popular Property
- City Lights View
- No HOA
- All Bedrooms Downstairs
- Private Yard
- 2 Car Attached Garage
About This Home
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.
Listing Agent
PLF Real Estate Solutions Brokerage Phone: 562-639-9636 License #01458024 Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,099
Year Built
- Built in 1925
Lot Details
- 4,506 Sq Ft Lot
- Private Yard
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Neighborhood
- Courtyard
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,226 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 45
- Assessor Parcel Number 7454026002
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,099 | $661,411 | $417,691 | $243,720 |
| 2024 | $8,099 | $648,443 | $409,501 | $238,942 |
| 2023 | $7,945 | $635,729 | $401,472 | $234,257 |
| 2022 | $7,577 | $623,264 | $393,600 | $229,664 |
| 2021 | $7,477 | $611,044 | $385,883 | $225,161 |
| 2020 | $7,550 | $604,780 | $381,927 | $222,853 |
| 2019 | $7,255 | $592,923 | $374,439 | $218,484 |
| 2018 | $7,160 | $581,298 | $367,098 | $214,200 |
| 2017 | $7,003 | $569,900 | $359,900 | $210,000 |
| 2016 | $2,901 | $236,110 | $101,825 | $134,285 |
| 2015 | $2,859 | $232,564 | $100,296 | $132,268 |
| 2014 | $2,864 | $228,010 | $98,332 | $129,678 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $924,900 | +62.3% | $415 / Sq Ft |
| 08/26/2016 08/26/16 | Sold | $569,900 | 0.0% | $380 / Sq Ft |
| 07/07/2016 07/07/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $569,900 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $570,000 | Arista National Title | |
| Trustee Deed | $412,000 | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Financial | |
| Interfamily Deed Transfer | -- | First Southwestern Title Co | |
| Grant Deed | $185,500 | South Coast Title | |
| Grant Deed | $125,000 | Fidelity National Title Ins | |
| Trustee Deed | $177,749 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Credit Line Revolving | |
| Previous Owner | $630,850 | FHA | |
| Previous Owner | $559,577 | FHA | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $0 | Commercial | |
| Previous Owner | $90,000 | Credit Line Revolving | |
| Previous Owner | $444,000 | New Conventional | |
| Previous Owner | $420,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $31,895 | Unknown | |
| Previous Owner | $244,000 | Purchase Money Mortgage | |
| Previous Owner | $148,400 | No Value Available | |
| Previous Owner | $112,500 | Seller Take Back | |
| Closed | $37,100 | No Value Available |
Source: Public Records
About the Listing Agent
Herb has been a real estate professional for the last 20 years, a period in which the industry has experienced significant change. The real estate industry has been revolutionized as a consequence of the financial crisis of 2008 and the evolution of the internet and social media. As a result, the knowledge and experience he achieved during this period is an invaluable asset that he utilizes to assist his clients reach their desired real estate goals. Herb is a California State University,
Herb's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25215548
APN: 7454-026-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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