1034 W 24th, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
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1034 W 24th
San Pedro, California 90731
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,089Sq Ft
5,000Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$746,818
SUMMARY
FULL_VERSION
This R3-Zoned Residential Asset represents a Strong Value Opportunity, listed at $795,000—positioned well below the $754,910 Fair Market Value by -5%. While the property requires cosmetic updates given its Condition Rating of 4, the structural integrity is bolstered by a recent seismic retrofit. The expansive 5,000-square-foot lot, featuring a private orchard and detached garage, offers significant ADU Potential for forced appreciation. Located near Top-Rated Schools like Taper Avenue Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term development upside.
SEO VERSION
San Pedro R3-zoned home with ADU potential and private orchard. Features seismic retrofit and proximity to top-rated schools. Great investment or renovation project.
Estimated Market Value
$746,818
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1034 W 24th Subject | $750,000* List Price | 2 | 1 | 1,089 | $686 | - |
A 2417 S Gaffey Street Sold | $719,000 | 2 | 1 | 1,248 | $576 | 0.4 mi |
B 1266 W 19th Sold | $856,500 | 2 | 1 | 1,317 | $650 | 0.4 mi |
C 1166 W 25th Sold | $600,000 | 2 | 1 | 896 | $670 | 0.2 mi |
D 834 W 24th Sold | $915,000 | 3 | 2 | 1,279 | $715 | 0.3 mi |
E 1181 W 25th Sold | $849,000 | 3 | 1 | 984 | $863 | 0.2 mi |
F 814 S Alma Street Sold | $775,000 | 2 | 1 | 1,104 | $702 | 1.0 mi |
G 2691 S Cabrillo Sold | $685,000 | 2 | 1 | 832 | $823 | 0.3 mi |
H 1055 W 17th Pending | $829,900 List Price | 2 | 1 | 1,115 | $744 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1923, the property has received some recent functional updates including a seismic retrofit, new water heater, and newer laminate flooring. However, the interior remains dated with a basic, older bathroom vanity and 1970s-style wood paneling in the bonus room, indicating that major living areas have not been fully renovated in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Development Potential
The R3 zoning combined with a detached garage presents a significant opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's investment value.
- Recent Infrastructure Upgrades
The property features essential modern updates including a full structural retrofit, a new water heater, and a newly installed electrical gate, reducing immediate maintenance concerns for a buyer.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving two bedrooms and a bonus room, the home's layout may be less convenient for families or guests, potentially impacting its competitive appeal.
- Century-Old Structure
Originally built in 1923, the home's age may require ongoing attention to vintage systems and finishes that have not been fully modernized, despite recent structural retrofitting.
About 1034 W 24th
This thoughtfully enhanced San Pedro residence offers two bedrooms, one bath, and a versatile bonus room from a permitted enclosed patio. The property features a newly installed electrical gate off the back alley, an updated driveway able to park several cars, and dual side gates with vinyl doors on each side of the property. Recent upgrades include a new water heater and a full retrofit completed just a year ago. The expansive outdoor space is adorned with citrus trees—orange, lime, lemon—along with avocado, apple, Asian pear, and cherry trees. With R3 zoning and a detached garage offering ADU potential, this property presents a rare opportunity for future expansion.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Leland Street Elementary School
Grades K-6 • 0.2 mi
5/10
White Point Elementary School
Grades K-6 • 0.7 mi
7/10
Fifteenth Street Elementary School
Grades K-5 • 1.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,089 | 1,461.695 |
| Lot Size | 5,000 | 5,050.458 |
| Price | $750.0K | $989.3K |
| Price per sq ft | $689 | $611 |
| Built year | 1923 | 1950 |
| HOA | $0 | $275 |
| Days on market | 84 | 50 |
Pricing History
Listed for Sale
Sep 2, 2026
$750,000
$779,000
-4% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$779,000
$795,000
-2% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$795,000
Initial Listing
Sold
Dec 23, 2015
$430,000
Public Record