1054 W 23rd Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Renovated Quadruplex Asset is listed at $1,469,000, representing a stable and fair acquisition at its $1,469,000 Fair Market Value. The property features a rare 4.75% Assumable Mortgage and over $150,000 in Capital Improvements, including a fully updated front house and three modern rear units. Boasting an Extensively Renovated Condition Rating, the asset is positioned near the $100M West Harbor redevelopment and served by Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10). This stabilized income property is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1054 W 23rd Street Subject | $1,399,000* List Price | 0 | 0 | 2,797 | $500 | - |
A 726 West 37th Street 726-728 Sold | $1,700,000 | 0 | 0 | 3,070 | $554 | 1.0 mi |
B 726 W 37th Street Sold | $1,700,000 | 5 | 5 | 3,070 | $554 | 1.0 mi |
C 1331 S Patton Sold | $1,188,000 | 0 | 0 | 2,357 | $504 | 0.7 mi |
D 1239 S Patton Avenue Sold | $1,325,000 | 0 | 0 | 3,104 | $427 | 0.7 mi |
E 644 W 19th Street 2 Sold | $1,030,000 | 0 | 0 | 2,052 | $502 | 0.6 mi |
F 939 941 W 17th Active Under Contract | $1,099,000 List Price | 6 | 4 | 2,804 | $392 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone over $150,000 in recent capital improvements, including a full renovation of three units within the last few years. Interior images show modern shaker cabinetry, quartz countertops, stainless steel appliances, and updated flooring and bathrooms. With major systems like water heaters and drainage updated and minimal deferred maintenance, the property meets the criteria for being extensively renovated within 5 years.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
ASSUMABLE MORTGAGE 4.75%. Four-unit income property with upside in a rapidly improving San Pedro pocket. The property consists of a 2-bed/1-bath front house and three renovated 1-bed/1-bath units in the rear. Over $150,000 in recent capital improvements, including full renovation of rear units, new water heaters and appliances, termite tenting (May 2023), exterior paint, vinyl gates, garage door, and upgraded drainage system. Located minutes from the $100M+ West Harbor waterfront redevelopment, positioning the property for long-term appreciation and rental demand. Strong unit mix, major systems updated, and minimal deferred maintenance. Ideal for investors seeking stabilized income with future upside in one of San Pedro’s most active redevelopment zones.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,797 | 2,338.5 | 63% |
| Lot Size | 5,016 | 5,009 | 50% |
| Price | $1.40M | $1.04M | 87% |
| Price per sq ft | $500 | $470 | 52% |
| Built year | 1987 | 1928 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 210 | 7% |
Apr 18, 2026
$1,399,000
$1,469,000
-5% Price Drop
Initial Listing
Feb 3, 2026
$1,469,000
Initial Listing
Jun 13, 2022
$1,190,000
Public Record
Nov 20, 2003
$650,000
Public Record
Mar 29, 1996
$260,000
Public Record