
San Pedro, California 90732
This Renovated San Pedro Townhome is a High-Potential Investment Opportunity listed at $800,000—positioned well below the $840,000 Fair Market Value by 4%. This valuation gap provides $40,000 in Instant Equity. Boasting an Excellent Condition Rating with $100,000 in recent upgrades, the home features soaring ceilings, a modernized kitchen, and a private brick patio. Families benefit from Top-Rated Schools like Taper Avenue Elementary (9/10). With a rare 2.25% VA assumable loan, this is a premier acquisition for Owner-Occupants or first-time buyers seeking long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 W Capitol 18 Subject | $800,000* List Price | 3 | 3 | 1,747 | $481 | - |
A 1553 Dalmatia Sold | $700,000 | 2 | 3 | 1,429 | $490 | 0.5 mi |
B 1410 Brett Place 238 Sold | $560,000 | 2 | 2 | 1,085 | $516 | 0.1 mi |
C 27980 S Western 303 Sold | $565,000 | 2 | 2 | 1,188 | $476 | 0.7 mi |
D 1360 W Capitol 146 Sold | $625,000 | 2 | 3 | 1,582 | $395 | 0.2 mi |
E 1310 W Park Western Drive 155 Active Under Contract | $625,000 List Price | 3 | 2 | 1,189 | $526 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone over $100,000 in extensive renovations within the last 5 years, meeting the criteria for excellent condition. The interior features a fully modernized kitchen with crisp white shaker cabinetry, quartz countertops, and stainless steel appliances. The home boasts updated hardwood flooring throughout, contemporary light fixtures, and a stylishly renovated bathroom with a vessel sink and modern vanity. The soaring ceilings and updated fireplace tile further contribute to a virtually new interior feel with no visible deferred maintenance.
Elementary School: Taper Avenue Elementary School (9/10).
The property features a rare VA-assumable loan at a 2.25% interest rate, providing a massive financial advantage and significant monthly savings in the current market.
With over $100,000 invested in renovations over the last five years, including a modernized kitchen and hardwood flooring, the home offers a premium, move-in-ready interior.
The monthly HOA fee of $730 is relatively high for the area, which may deter budget-conscious buyers or impact overall loan qualification.
While the interior is heavily upgraded, the 1982 construction means the underlying building systems and common areas are over 40 years old, potentially leading to future maintenance assessments.
Welcome to 1150 West Capitol Drive, San Pedro, CA—a bright, beautifully maintained townhome in the Baywatch Townhomes Association, offering the perfect blend of comfort, style, and indoor/outdoor living. Step inside to soaring ceilings, warm hardwood floors, and a striking tiled fireplace that anchors the inviting living room. The home flows naturally into the dining area and updated kitchen featuring crisp white cabinetry, generous counter space, and a clean, timeless look—ideal for everyday living and easy entertaining. You’ll also love the convenience of in-unit laundry tucked neatly behind louvered doors. This home has over $100K of upgrades in the last 5 years. Outside, enjoy a private brick patio—your own outdoor retreat for morning coffee, weekend BBQs, and hosting under the gazebo lights, with plenty of room for container gardening or a cozy lounge setup. One of the biggest highlights: this home offers an outstanding financing opportunity with a VA loan that may be assumable at 2.25% (buyer must qualify and assumption is subject to VA/lender approval and applicable terms)—a rare advantage in today’s market. The HOA is $730/month. Location is everything, and this home places you near the excitement of San Pedro’s transforming waterfront. West Harbor is anticipated to open around summer 2026, bringing a vibrant new destination with an amphitheater, a Ferris wheel, a carousel, and a nearby beach park—an incredible lifestyle perk just minutes away. Don’t miss this opportunity to own a move-in-ready townhome with a private patio retreat, a rare VA assumable loan possibility, and a front-row seat to San Pedro’s next big waterfront moment.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,747 | 1,107 | 94% |
| Lot Size | 207,029 | 176,200 | 55% |
| Price | $800.0K | $485.0K | 94% |
| Price per sq ft | $458 | $484 | 33% |
| Built year | 1982 | 1986 | 36% |
| HOA | $730.0 | $596 | 91% |
| Days on market | 54 | 194 | 6% |
Mar 28, 2026
$800,000
$840,000
-5% Price Drop
Initial Listing
Feb 27, 2026
$840,000
Initial Listing
May 11, 2020
$600,000
Public Record
May 20, 2003
$355,000
Public Record
Jul 27, 2001
$299,000
Public Record
Mar 15, 1994
$200,000
Public Record