
San Pedro, California 90731
This Multi-Unit Residential Asset presents a Strong Value Opportunity, listed at $1,350,000—positioned above the $1,253,199 Fair Market Value. While priced at a premium, the property offers a rare Two-on-a-Lot Configuration with a bonus studio, providing significant rental yield potential in the desirable Vista Del Oro neighborhood. With a Condition Rating of 4, the property is functional but offers room for cosmetic upgrades to drive future appreciation. Located near Top-Rated Schools like Taper Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1235 W 24th Street Subject | $1,350,000* List Price | 0 | 0 | 2,903 | $432 | - |
A 939 941 W 17th Sold | $1,075,000 | 6 | 4 | 2,804 | $383 | 0.6 mi |
B 1331 S Patton Sold | $1,188,000 | 0 | 0 | 2,357 | $504 | 0.7 mi |
C 841 W 25th Street Sold | $1,200,000 | 0 | 0 | 3,603 | $333 | 0.5 mi |
D 1810 S Leland Active | $1,149,000 List Price | 0 | 0 | 2,781 | $413 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of two homes built in 1953 and 1977. While functional and move-in ready with some minor updates like newer flooring and water heaters, the kitchens and bathrooms are significantly dated, featuring 1950s-style blue tiling and older cabinetry that exceed the 20-30 year age threshold for modern standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
This rare 'two on a lot' configuration features two spacious 3-bedroom homes plus a bonus studio, offering exceptional rental yield or multi-generational living flexibility in a high-demand market.
Situated in the highly sought-after Vista Del Oro area of San Pedro, the property benefits from a desirable microclimate and close proximity to well-rated schools like Leland Street and White Point Elementary.
The back house contains three bedrooms but only one bathroom, which may limit its appeal to larger families and could impact the maximum achievable rental rate for that unit.
With three potential living units situated on a 5,409 square foot lot, the property may feel crowded, potentially resulting in limited private outdoor space and parking congestion for multiple tenants.
TWO HOUSES!!! TWO 3 bedroom homes PLUS a bonus studio. Very private two on a lot, with a long driveway and covered parking. The front house is a 3 bedroom, two bathroom home built in 1953 with hardwood floors, terra cotta tiles, lots of windows, and one designated parking spot. The back upstairs house, built in 1977 is a 3 bedroom with one bath. This home has a large kithcen and dining room, newer flooring, balcony with peekaboo view covered parking, backyard with lemon tree and garden area. The property also has a bonus studio area with a kitchen and 1/2 bath. The bonus area is being rented with the upstairs 3 bedroom at this time. Two utility rooms are at the back of the property, one has washer hookups and two newer water heaters. Located in very desirable upper Vista Del Oro area in Coastal San Pedro, boasting some of the best weather in the country if not the world. The owner may consider carrying the loan for the buyer.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.3 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,903 | 2,854.929 |
| Lot Size | 5,409 | 5,420.5 |
| Price | $1.35M | $949.9K |
| Price per sq ft | $465 | $400 |
| Built year | 1953 | 1955 |
| HOA | $0 | $0 |
| Days on market | 21 | 76 |
Aug 19, 2026
$1,350,000
Initial Listing
Mar 2, 2022
$1,235,000
Public Record