Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    637 S Grand Ave, Unit 4 San Pedro, CA 90731

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $549,000

    Stylish San Pedro home with rooftop patio and city views.

    Source: Kw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Coastal Residence with Harbor Views

    Located in San Pedro, this coastal residence at 637 Grand Ave features a private two-car garage and in-unit washer and dryer. A spacious rooftop patio provides panoramic city and harbor views, suitable for entertaining or relaxation. The property is situated near Cabrillo Marina, Cabrillo Beach, and the San Pedro Fish Market. The Battleship Iowa Museum and various local restaurants are also easily accessible. Freeway access facilitates commuting, and the West Harbor waterfront development, scheduled to debut in 2025, is located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.25573
    Latitude
    34.048466

    Nearby Similar for Sale

    • $2,195,000
      6,910 SF

      San Pedro Multifamily Investment Opportunity

      Eight-unit apartment building in San Pedro with value-add potential.
      1129 W 10Th St, San Pedro, CA 90731
      View Details
    • $2,750,000
      2,996 SF

      San Pedro Restaurant and Property

      Established restaurant, parking, and residence in prime San Pedro location.
      486 W 20 Ave, San Pedro, CA 90731
      View Details
    • $3,600,000
      8,637 SF

      San Pedro Commercial Building For Sale

      Commercial building in San Pedro, CA, ideal for medical use.
      571 W 7Th St, San Pedro, CA 90731
      View Details
    • $1,299,999
      4,194 SF

      San Pedro Fourplex with Harbor Views

      Fourplex in San Pedro with harbor views and development potential.
      730 W 5Th St, San Pedro, CA 90731
      View Details
    • $1,290,000
      4,090 SF

      San Pedro Triplex Near Shoreline

      Meticulously maintained triplex near San Pedro shoreline, no rent control.
      343 W 12Th St, San Pedro, CA 90731
      View Details
    • $1,188,888
      2,357 SF

      San Pedro Duplex with Upside

      Charming duplex in Vista Del Oro neighborhood with ADU potential.
      1331 S Patton St, San Pedro, CA 90731
      View Details
    • $675,000
      1,624 SF

      Income Property in San Pedro

      Two stand-alone houses on one lot, excellent investment opportunity.
      578 W Oliver St, San Pedro, CA 90731
      View Details
    • $699,999
      1 SF

      San Pedro Duplex with Potential

      Spanish-style duplex with remodeling and development potential in San Pedro.
      335 N Palos Verdes St, San Pedro, CA 90731
      View Details
    • $1,619,000
      3,675 SF

      San Pedro Fourplex Investment Opportunity

      Four-unit property in desirable Point Fermin neighborhood, San Pedro.
      545 W 36Th St, San Pedro, CA 90731
      View Details
    • $1,089,999
      2,548 SF

      Well-Maintained Multifamily Investment Opportunity

      Two-unit multifamily property near Downtown Long Beach.
      230-232 W 15Th St, San Pedro, CA 90731
      View Details
    • $1,075,000
      2,760 SF

      San Pedro Fourplex with Vacancy

      Four-unit property in Vista Del Oro neighborhood.
      1025 W 12Th St, San Pedro, CA 90731
      View Details
    • $1,145,000
      3,266 SF

      San Pedro Townhome-Style Triplex

      1999 triplex near Cabrillo Marina and upcoming West Harbor.
      684 W 23Rd St, San Pedro, CA 90731
      View Details

    FAQs

    What type of property is this?
    Single family property - Stylish San Pedro home with rooftop patio and city views.
    Where is this single family property located?
    The property is located at 637 S Grand Ave, Unit 4 San Pedro, CA.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - Spacious rooftop patio with panoramic city and harbor views.; - Prime location near Cabrillo Marina, Cabrillo Beach, and the San Pedro Fish Market.; - Private two-car garage.
    Request Owner's contact information
    637 S Grand Ave, Unit 4 San Pedro, CA 90731
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    637 S Grand Ave, Unit 4
    San Pedro, CA 90731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    637 S Grand Ave, Unit 4 San Pedro, CA 90731
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.