
San Pedro, California 90731
This Four-Unit Residential Income Property is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,215,081 Fair Market Value by 1%. This valuation gap offers $16,081 in Instant Equity. With a Condition Rating of 3, the property features a Turnkey Vacant Unit, Townhouse-Style Layouts, and Private Patios. Located near Top-Rated Schools like Taper Avenue Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1206 W 25th Street Subject 0 bd · 0 ba · 3,639 sqft · $334 | $1,199,000* List Price | 0 | 0 | 3,639 | $334 | - |
A 1136 W 10th Sold 0 bd · 0 ba · 3,065 sqft · $424 · 0.9 mi | $1,300,000 | 0 | 0 | 3,065 | $424 | 0.9 mi |
B 1504 S Grand Sold 0 bd · 0 ba · 3,343 sqft · $290 · 1.0 mi | $969,000 | 0 | 0 | 3,343 | $290 | 1.0 mi |
C 1504 S Grand Sold 3 bd · 2 ba · 3,343 sqft · $290 · 1.0 mi | $969,000 | 3 | 2 | 3,343 | $290 | 1.0 mi |
D 841 W 25th Street Sold 0 bd · 0 ba · 3,603 sqft · $333 · 0.5 mi | $1,200,000 | 0 | 0 | 3,603 | $333 | 0.5 mi |
E 665 W 21st Sold 0 bd · 0 ba · 4,438 sqft · $282 · 0.7 mi | $1,250,000 | 0 | 0 | 4,438 | $282 | 0.7 mi |
F 939 941 W 17th Sold 0 bd · 0 ba · 2,804 sqft · $383 · 0.6 mi | $1,075,000 | 0 | 0 | 2,804 | $383 | 0.6 mi |
G 534 W 19th Sold 0 bd · 0 ba · 4,000 sqft · $245 · 0.9 mi | $980,000 | 0 | 0 | 4,000 | $245 | 0.9 mi |
H 1109 W 24th Street Active 0 bd · 0 ba · 3,476 sqft · $302 · 0.1 mi | $1,050,000 List Price | 0 | 0 | 3,476 | $302 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained with significant recent capital improvements including a newer roof, double-pane vinyl windows, and a new water heater. One unit has been freshly renovated (<5 years) with new flooring, countertops, and paint, while the overall building remains functional and move-in ready.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features four spacious two-story townhouse units with private patios, a highly desirable configuration that attracts long-term tenants and offers a more residential feel than traditional apartment flats.
One unit is delivered vacant and recently renovated with new flooring, countertops, and paint, providing an immediate opportunity for an owner-occupant or the ability to set market-rate rent without renovation delays.
The property has undergone two price reductions totaling $151,000 within its first 30 days on the market, which may indicate initial overpricing or a need for more aggressive marketing to secure a buyer.
With only one assigned carport space per two-bedroom unit, the property may face challenges with tenant retention or street parking congestion, as two-bedroom households typically require multiple spaces.
TWO UPDATED UNITS WILL BE DELIVERED VACANT, creating an exceptional opportunity for an owner-user or investor to establish two new tenancies at current market rents. Located in the desirable Vista Del Oro area of San Pedro, this well-maintained four-unit property offers strong rental potential and significant future upside. The property features four spacious townhouse-style units, each with two bedrooms and a large full bathroom upstairs, plus a living room, dining area, kitchen and half bathroom downstairs. Each unit also enjoys its own private patio. Both vacant units have been freshly updated and refreshed with new downstairs flooring, new upstairs carpeting, new kitchen countertops, freshly painted cabinetry and fresh interior paint throughout. The two vacancies provide exceptional flexibility for an owner-occupant, multigenerational household or investor seeking the opportunity to lease at current market rents. Additional features include double-pane vinyl windows, one assigned carport space per unit, on-site coin-operated laundry, separately metered electricity and individual gas meters. The property also benefits from a newer roof, fresh exterior paint and a new water heater. Conveniently located near shopping, restaurants, transportation, freeways and the coast, this fourplex offers an attractive combination of existing rental income, rental upside and the rare flexibility of two updated vacant units. An excellent opportunity for a long-term investor or owner-occupant looking to offset housing costs with rental income.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.3 |
| Square foot | 3,639 | 2,591.526 |
| Lot Size | 4,999 | 5,309.842 |
| Price | $1.20M | $912.4K |
| Price per sq ft | $329 | $383 |
| Built year | 1964 | 1953 |
| HOA | $0 | $0 |
| Days on market | 51 | 78 |
Oct 3, 2026
$1,199,000
$1,299,000
-8% Price Drop
Initial Listing
Sep 15, 2026
$1,299,000
$1,350,000
-4% Price Drop
Initial Listing
Sep 4, 2026
$1,350,000
Initial Listing
Feb 7, 2007
$830,000
Public Record
May 20, 2002
$407,500
Public Record
Oct 28, 1994
$240,000
Public Record