Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveTriplex

1504 S Grand

San Pedro, CA, 90731

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$999,000

MLS: SB26056332

Beds

6

Baths

4

Sq Ft

3,343

Lot

0.12 ac

Year Built

1972

MLS #

SB26056332

Days on Market

16

Listed

Mar 15, 2026

Description

Only $50,000. Down Payment. OWNER IS IN DISCUSSIONS WITH CURRENT TENANTS TO PROVIDE AN EMPTY UNIT FOR OWNER OCCUPANCY. Great Home plus rental income property. Very well maintained Residential Income property with an Extra Large 3 Bedroom 2 Bath Owners unit with a large Family Room and Custom Palos Verdes Stone Fireplace. Prime Corner location a few blocks from the New Los Angeles Waterfront Promenade and Music Venue. Perfect Investment for a Large Family with 2 additional rental units. One Spacious 2 Bedroom 1 Bathroom Upstairs, and Large Studio Apartment on the Ground Level. All of the units have a private yard area. Both the 3 Bedroom owners Unit and the Upstairs 2 Bedroom apartment have private enclosed Garages with Washer and Dryer Hookups. New roof in 2025 and all new vinyl windows. Upgraded forced air heater in the 3 bedroom house, new wall heater in the two-bedroom apartment. Long Term Excellent Tenants. 3 Bedroom home currently rented at $2674. Per month. 2bedroom 1bath upstairs unit rented for 1344. per month. Large studio apartment rented for $1300.00 per month. Priced for immediate sale. Hurry this one won't last!!

Location

San Pedro, Los Angeles County, CA 90731

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Listed by: Fred DiBernardo · Fred DiBernardo

Payment estimate

$7,239

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100

%
Principal & Interest
$5,524
Property tax (1.25%)
$1,041
Homeowners insurance
$300
Mortgage insurance
$375
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this San Pedro home with as little as 3.5% down using an FHA loan — roughly $34,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See San Pedro, CA 90731 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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