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Millman Team Real Estate

$1,200,000
7 Bed
4 Bath
2,608 Sqft
0.10 Acre Lot

2038 S Alma Street, Los Angeles, California 90731

  • Residential Income Property Type
  • 2,608 Sqft Square Footage
  • 1936 Year Built
Property 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.

Basic Details
Residential Income
For Sale
26886629
$1,200,000
7
4
2,608 Sqft
1936
0.10 Acre
Active
Features
: Wall Furnace
: Wall/Window Unit(s)
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90731
Alma
2038
Street
W119° 42' 4.6''
N33° 43' 31.2''
On the corner of Alma and 21st St.
183 - Vista Del Oro
S
LARD1.5
Additional Information
$0
$0
$0
$0
$0
1
2608
4.0
: Two
: Front Yard
4
2026-08-28
2
2
Broker/Agent Information
Think Boutiq Real Estate
Greg Egemo
Listing Information
Dublin Wahlberg
PWWAHLDUB
PB20978
Think Boutiq Real Estate
CLW-C118633
CLW-X83399
Active
2026-09-05T07:16:22Z
CRMLS
: Standard
2026-08-28T00:00:00Z
Agent info
Ray Millman
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