1914 Pelican Ave - Multi-Family FOR SALE


San Pedro, CA 90732- Coastal San Pedro
$2,100,000 USD
541-543-0407
1914 Pelican Ave, San Pedro, CA for Sale
$2,100,000 USD
Multi-Family - FOR SALE
1/47
null | 5.05% Cap Rate

1914 Pelican Ave
San Pedro, CA 90732
Coastal San Pedro


HIGHLIGHTS

  • Not Subject to LA City Rent Control
  • Massive 8,300 SF Lot w/ Ocean Views
  • Options: Use as Primary Home, Duplex, or Triplex
  • Shore Shores San Pedro
  • Architecturally Tasteful Renovations
  • No Rental Competition In The Immediate Area

OVERVIEW

Exceptional opportunity to own a fully remodeled architectural SFR/ duplex in San Pedro’s most premier neighborhood — Upper South Shores! This turnkey coastal gem has been thoughtfully reimagined with attention to every detail, offering rare south- and west-facing ocean views and walkability to the coastal bluff trails. NOT subject to LA City Rent Control! Set on an expansive 8,330 sq. ft. lot, the property features 2,300 sq. ft. of total living space and functions as a duplex—comprised of a beautifully updated 3-bedroom, 2-bath main residence plus a 400 sq. ft. studio with a full kitchen and bathroom—ideal for guests, extended family, or additional income. Outdoor living shines here, with a private backyard, a side deck with trellis, and a welcoming front porch—perfect for enjoying sunsets and coastal breezes. Parking is abundant, including a detached two-car garage, enclosed tandem carport, and a spacious front driveway. Delivered vacant at COE. There's rental interest at: $6,500/month for the main home, $2,300/month for the studio, and an additional $2,500/month for a future ADU (projection based on build quality and layout). For investors, the detached rear garage presents an excellent opportunity to build a 700 sq. ft. 1BD/1BA ADU (estimated construction cost around $200,000). A rare, fully remodeled home in one of Los Angeles’ most coveted enclaves—Upper South Shores—offering ocean views, versatility, and exceptional long-term value. Lots of options! Note the property features a new roof and fruit trees on-site. See photos for details. Contact the listing agent for more information. Buyer to verify all marketed information.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$972 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,050,000

CAP RATE

5.05%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,330 SF

ZONING

LAR1

APN/PARCEL ID

7562-008-039

ASK ABOUT THIS PROPERTY

Matthew SillamanWest Shores CREMore Info
541-543-0407

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Matthew SillamanWest Shores CREMore Info
541-543-0407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.