New Listing
$1,200,000
 $6,442 est/mo Sourced by Back At You

2038 S Alma Street,Los Angeles, CA 90731

Los Angeles, CA 90731

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Description

Investment opportunity in San Pedro featuring a four-unit property with a versatile unit mix and four private one-car garages. The property includes three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. The two front units 2038 and 2038 1/2 Alma are single-level 2-bedroom attached residences. The two rear units are 982 W 21st, a 2-bedroom, 1-bathroom unit situated above three of the 1 car garages and 982 1/2 W 21st a 1-bedroom, 1-bathroom unit above a separate one-car garage. The 1 bedroom unit is currently vacant, making it a great option for owner occupied. .With four individual garages and a mix of two- and one-bedroom floor plans, the property offers a solid foundation for an investor looking to improve, reposition, or hold for the long term. The property has some deferred maintenance, presenting an opportunity for a buyer to make improvements and add value over time. Landlord pays water, trash, and sewer. 4 gas and 4 electric meters. Main sewer line replaced in 2025.Unit 2038 Alma was recently updated. Located in San Pedro with convenient access to neighborhood amenities, shopping, dining, transportation routes, and many destinations throughout the Harbor Area. A compelling opportunity for an investor seeking a multi-unit property with parking, functional layouts, and future upside.

Details

MLS #26886629
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1936
Days On Site5
Listing Provided ByThink Boutiq Real Estate | Greg Egemo

Features

Bed(s)7
Bath(s)4
SQ Feet2,608
Garage4
Story(s)2
Units4
Building(s)2
ZoningLARD1.5
Acreage0.10

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesRefrigerator

Exterior

Lot FeaturesFront Yard

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90731
Area183 Vista Del Oro
Listing VS Median (in 90731)
Price:
$1,200,000
low | high
Med:
$796,500
83.625% of Average
sqft:
2,608
low | high
Med:
1,825
80.04217791411% of Average
$ / sqft:
$460
low | high
Med:
$440
54.420891214035% of Average
On site:
5
low | high
Med:
101
4.950495049505% of Average
Sourced by Back At You

Market Activity 90731

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90731
Area183 Vista Del Oro
Listing VS Median (in 90731)
Price:
$1,200,000
low | high
Med:
$796,500
83.625% of Average
sqft:
2,608
low | high
Med:
1,825
80.04217791411% of Average
$ / sqft:
$460
low | high
Med:
$440
54.420891214035% of Average
On site:
5
low | high
Med:
101
4.950495049505% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
2025 S Alma Property Photo 1
$1,200,000
2025 S Alma
San Pedro, CA 90731
Listing Updated: August 31, 2026 at 10:39:15 AM PDT