1223 W 23rd Street, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 1 bath

1223 W 23rd Street, San Pedro, California 90731 home-pic-0
ACTIVE UNDER CONTRACT$699,000
1223 W 23rd Street, San Pedro, California 90731
3Beds
1Bath
972Sqft
5,402Lot

Price Vs. Estimate

The estimated value ($668,719.865) is $30,280.135 (4%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Condition & Renovation Needs: Described as a 'diamond in the rough' and sold 'AS IS,' indicating the property requires substantial renovation and financial investment to modernize and improve.

Compared to the nearby listings

Price:$699.0K vs avg $855.0K ($-156,000)19%
Size:972 sqft vs avg 1,403 sqft20%
Price/sqft:$719 vs avg $65765%

More Insights

Built in 1953 (72 years old).
Condition: This property, built in 1953, is explicitly marketed as a 'diamond in the rough' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. The kitchen features highly outdated tiled countertops, old cabinets, and vinyl flooring, clearly needing a complete renovation. While no bathroom images are provided, the property only has one bathroom for three bedrooms, which is insufficient for modern standards and likely equally outdated. The HVAC system consists of a dual-sided wall heater and window AC units, which are inefficient and outdated. Flooring includes worn carpet and worn hardwood, and the overall aesthetic is from several decades ago. Although some infrastructure updates (sewer, water main) have been done, these do not address the significant internal cosmetic and functional obsolescence, making the property uncomfortable to live in its current state without major investment.
Year Built
1953
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
PV25272327
Home ConditionPoor
Features
Patio
View-

About this home

Diamond in the rough! Charming fixer with loads of potential & great opportunity for buyer to remodel, add a 2nd unit (zoned R2) or build brand new. Awesome street & nice coastal breezes in highly desirable Vista Del Oro neighborhood surrounded by longtime residents. Currently single story 3 bedrooms, 1 bath, with dining area & laundry hook-ups in kitchen. Dual-sided wall heater, 2 ceiling fans & 2 window air conditioning units. Front yard has white picket fence & off-street parking in driveway leading to attached 1 car garage. Large backyard has block wall fencing & covered rear patio. Sewer was relined from house to street & new water main shut-off was installed. Priced for quick sale in “AS IS” condition - don't miss out!

Nearby schools

5/10
Leland Street Elementary School
Public,K-60.2mi
7/10
White Point Elementary School
Public,K-60.5mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,K-51.0mi
4/10
Seventh Street Elementary School
Public,K-51.1mi
3/10
Cabrillo Avenue Elementary School
Public,K-51.1mi
5/10
Fifteenth Street Elementary School
Public,K-51.2mi
5/10
Bandini Street Elementary School
Public,K-61.6mi
2/10
Barton Hill Elementary School
Public,K-61.9mi
5/10
Crestwood Street Elementary School
Public,K-61.9mi
9/10
Park Western Place Elementary School
Public,K-52.1mi
8/10
Mira Catalina Elementary School
Public,K-52.1mi
9/10
Taper Avenue Elementary School
Public,K-52.7mi
4/10
Hawaiian Avenue Elementary School
Public,K-53.9mi
6/10
Eshelman Avenue Elementary School
Public,K-54.5mi
6/10
Harbor City Elementary School
Public,K-54.9mi
4/10
Richard Henry Dana Middle School
Public,6-80.7mi
8/10
Miraleste Intermediate School
Public,6-82.3mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-83.0mi
6/10
Alexander Fleming Middle School
Public,6-84.9mi
4/10
Hudson K-8
Public,K-87.2mi
6/10
San Pedro Senior High School
Public,9-120.6mi
5/10
Phineas Banning Senior High School
Public,9-125.5mi
5/10
Nathaniel Narbonne Senior High School
Public,9-125.6mi
10/10
Palos Verdes Peninsula High School
Public,9-125.6mi
3/10
Cabrillo High School
Public,9-127.0mi
8/10
Palos Verdes High School
Public,9-127.8mi
Condition Rating
Poor

This property, built in 1953, is explicitly marketed as a 'diamond in the rough' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. The kitchen features highly outdated tiled countertops, old cabinets, and vinyl flooring, clearly needing a complete renovation. While no bathroom images are provided, the property only has one bathroom for three bedrooms, which is insufficient for modern standards and likely equally outdated. The HVAC system consists of a dual-sided wall heater and window AC units, which are inefficient and outdated. Flooring includes worn carpet and worn hardwood, and the overall aesthetic is from several decades ago. Although some infrastructure updates (sewer, water main) have been done, these do not address the significant internal cosmetic and functional obsolescence, making the property uncomfortable to live in its current state without major investment.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Development Potential: Zoned R2, offering a significant opportunity to add a second unit or redevelop the property entirely, enhancing its long-term value and investment appeal.
Prime Location: Situated in the highly desirable Vista Del Oro neighborhood, known for its pleasant coastal breezes and established community of long-time residents.
Key Infrastructure Updates: Important and costly infrastructure updates, including a relined sewer line and a new water main shut-off, have already been completed, reducing immediate maintenance concerns.
Ample Outdoor Space: Features a large backyard with block wall fencing and a covered rear patio, providing generous outdoor living and entertaining space.
Convenient School Access: Located within walking distance to Leland Street Elementary School (0.20 miles) and close to San Pedro Senior High School (0.58 miles), ideal for families.

Cons

Condition & Renovation Needs: Described as a 'diamond in the rough' and sold 'AS IS,' indicating the property requires substantial renovation and financial investment to modernize and improve.
Limited Bathroom Facilities: The property currently features only one bathroom for three bedrooms, which may be insufficient for modern living standards and likely requires an expansion during renovation.
Outdated HVAC System: Relies on a dual-sided wall heater and window air conditioning units, lacking a central HVAC system, which could lead to less efficient and less comfortable climate control.

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