1240 W 22nd St, San Pedro, California 90731, San Pedro, 90731 - 4 bed, 2 bath

1240 W 22nd St
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 1240 W 22nd St, San Pedro, California 90731 is currently available with a list price of $955,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1917 duplex was extensively renovated in 2019, placing it within the 5-15 year window for a 'good' rating. The kitchens and bathrooms were modernized with quartzite countertops and new fixtures, and the property underwent significant structural and system updates including new plumbing, gas lines, studs, and windows. It is move-in ready with well-maintained original hardwood and new porcelain tile flooring; however, the reliance on older gas floor heating and a 10-year-old roof prevents it from reaching the 'excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Dual-Unit Versatility
The property features two detached, move-in-ready homes on a single lot, offering an exceptional opportunity for high-yield rental income, multigenerational living, or an owner-user looking to offset their mortgage.
- Extensive Infrastructure Upgrades
Beyond cosmetic 2019 remodels, the homes feature significant structural and utility improvements including new studs, joists, plumbing, gas lines, and windows, ensuring reduced maintenance costs for the next owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Parking Infrastructure
With only a single-car garage serving two separate residences, the property may face parking constraints for multi-vehicle households or tenants, despite the long driveway.
- Dated Climate Control
The reliance on gas floor heating and the lack of a modern central HVAC system may be a drawback for contemporary buyers or tenants seeking integrated cooling and more efficient heating solutions.
About 1240 W 22nd St
Ideal updated investment opportunity or multigenerational living in one of San Pedro’s most sought-after neighborhoods! Welcome to this beautifully remodeled duplex located in the highly desirable Upper Vista Del Oro neighborhood of San Pedro featuring two detached homes on one lot, both tastefully updated and truly move-in ready! The front home (1242) offers 2 bedrooms, 1 bathroom, at 950 sq. ft., showcasing original hardwood flooring throughout with new porcelain wood-tile flooring in the kitchen area. The rear home (1240) features 2 bedrooms, 1 bathroom, and approximately 842 sq. ft., highlighted by new porcelain wood-tile flooring throughout. Both residences have been thoughtfully upgraded with new quartzite kitchen countertops and modern bathrooms remodeled in 2019. Extensive additional improvements include new studs and joists, windows, drywall, tile, bathtubs, toilets, plumbing, gas lines, and fixtures, providing long-term durability and peace of mind. Each home is equipped with gas floor heating, and Unit 1242 includes newer appliances. The roof is approximately 10 years old, and the property also features new fencing and a sprinkler system. The exterior offers a long driveway and a single-car garage located at the rear of the lot, delivering excellent parking and functionality. Enjoy close proximity to parks (including walking distance to Averill Park designed by renowned Central Park architect Frederick Law Olmsted), schools, shopping, UCLA South Bay Campus, the soon-to-be-reopened West Harbor Marketplace featuring Yamashiro’s new restaurant, live music venues, Little Italy, and the vibrant downtown artist district with dozens of restaurants. Not to mention easy access to multiple freeways. With the coastal charm of the LA Waterfront just minutes away, this exceptional duplex blends location, lifestyle, and consistent income potential.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1917
- Lot Size
- 5,403 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Leland Street Elementary School
Grades K-6 • 0.2 mi
White Point Elementary School
Grades K-6 • 0.6 mi
Seventh Street Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | - | 86% |
| Baths | 2.0 | - | 79% |
| Square foot | 1,792 | 2,197 | 33% |
| Lot Size | 5,403 | 5,001 | 65% |
| Price | $955.0K | $940.0K | 53% |
| Price per sq ft | $533 | $427 | 70% |
| Built year | 1917 | 1928 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 177 | 2% |
Pricing History
Listed for Sale
Feb 1, 2026
$955,000
Initial Listing
Sold
Apr 13, 2018
$710,000
Public Record
Sold
Nov 13, 2000
$259,000
Public Record


























































