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7 Beds
4 Baths
2,608 sqft

$1,200,000

2038 S Alma Street, Los Angeles CA, 90731

Price per sqft$460.12
Built in1936
Property size2,608 sqft
Property typeResidential

Overview

Active

Listed Aug 28, 2026

Updated 2 weeks ago

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.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26886629

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Greg Egemo, Think Boutiq Real Estate, CA DRE 01083554

Listing Contact: 310-753-5986 

Based on information from the CRISNet MLS as of 9/23/2026, 9:27 PM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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