Active Under Contract

1079 W 22nd

San Pedro, CA 90731
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Bed 3

Bed

Bath 4

Bath

SqFt5,004

Sqft(Lot)

A truly rare opportunity to own one of San Pedro's most recognizable mixed-use properties. Located in the desirable Vista Del Oro neighborhood on a 5,004 SF LARD2-zoned lot, this unique property includes the historic Gray School of Music, established in 1950, along with three residential units tucked privately behind the commercial building. A San Pedro institution for over 75 years, the Gray School of Music has taught generations of musicians, including Eddie and Alex Van Halen. The business is included in the sale and is fully turnkey with an established student base of approximately 85-100 students, experienced instructors willing to remain, recurring tuition income, and significant upside for a new owner. The approximately 1,656 SF commercial building features seven teaching rooms , one restroom, reception area, foyer, display cases, and central heating, providing everything needed to continue operations or expand into recording, music production, or other creative ventures. Behind the school are three residential units totaling approximately 1,479 SF. Two charming 1920s bungalow-style 1-bedroom, 1-bath homes offer timeless character, including one beautifully renovated in 2023. The newly completed ADU (2026) features 1 bedroom, 1 bath, laundry hookups, split-system AC, and modern finishes, making it ideal for an owner-user, employee housing, or additional rental income. Separate electric and water meters, shared laundry, private yard areas, four fenced parking spaces with alley access complete the residential setting. Conveniently located across from Leland Elementary School, where the school has traditionally hosted recitals, and just minutes from the rapidly evolving San Pedro Waterfront and West Harbor development, this property offers a rare combination of history, multiple income streams, owner-user flexibility, and long-term investment potential. Financing options are available through lenders experienced with mixed-use and owner-user properties. Call for business details and private showing.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,300,000

AD Id : 91063357

MLS Id : OC26139968

Beds : 3

Lot Size : 5,004 Sqft

Year Built : 1923

County : Los Angeles

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Feature Features

  • Interior Features

    CeilingFans, Furnished, HighCeilings, AllBedroomsDown
    Laundry Features: WasherHookup, GasDryerHookup
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1923
    Building Area Total: 3135
    Construction Materials: Drywall
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5004 Lot Size Acres: 0.1149 Lot Size Source: Assessor Lot Size Square Feet: 5,004 Lot Description: ZeroToOneUnitAcre,BackYard,Garden

  • Listing Price Information

    Listing Price: $1300000
    CashToExistingLoan

  • Tax Information

    Parcel Number: 7463001002 Tax Lot: 3 Tax Block: 33

  • Utility Information

    ElectricityAvailable, PhoneConnected, WaterConnected
  • Location Information

    Direction: From 19th Street, take Leland south to 22nd. Left on 22nd. Property on lefthand side. WaterSource: Public Security Features: KeyCardEntry
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
517 S Grand Avenue, San Pedro, CA, 90731 $530,000 2 1 1,280 4,499 Sqft
324 W Oliver, San Pedro, CA, 90731 $928,000 3 2 1,164 2,800 Sqft
283 Dockside Lane, San Pedro, CA, 90731 $1,049,000 3 4 2,086 1,346 Sqft
285 W 9th Street, San Pedro, CA, 90731 $699,000 2 1 1,400 1,485 Sqft
230 232 W 15th Street, San Pedro, CA, 90731 $1,089,999 -- -- -- 5,001 Sqft
372 W 11th Street, San Pedro, CA, 90731 $1,039,000 3 4 3,151 5,004 Sqft
802 Bejay Place, San Pedro, CA, 90731 $999,000 4 2 1,430 6,002 Sqft
560 W 4th Street, San Pedro, CA, 90731 $1,100,000 6 -- 3,032 4,999 Sqft
701 N Gaffey Place, San Pedro, CA, 90731 $690,000 2 1 969 2,921 Sqft
570 W 8th, San Pedro, CA, 90731 $1,450,000 8 8 -- 5,001 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 11:37

MLS: OC26139968 LISTED BY: Derek Sepulveda, Arbor Real Estate Group 866-639-6554 SOURCE: CRMLS

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