1285 W 23rd Street, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 3 bath
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1285 W 23rd Street
San Pedro, California 90731
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,518Sq Ft
5,403Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,113,858
7% AboveMARKET VALUE
SUMMARY
This Craftsman Single Family Residence is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,113,859 Fair Market Value by -7%. While the list price reflects a premium, the property offers a meticulous, top-to-bottom restoration and a massive 1,600 sqft garage/loft structure. With an Excellent Condition Rating and proximity to top-rated schools like Taper Avenue Elementary, this home balances modern luxury with significant income-generating potential. It is an ideal acquisition for Owner-Occupants seeking a turnkey coastal lifestyle or Buy-and-Hold Investors.
Estimated Market Value
$1,113,858
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1285 W 23rd Street Subject | $1,200,000* List Price | 3 | 3 | 1,518 | $734 | - |
A 2630 S Patton Sold | $1,100,000 | 3 | 2 | 1,506 | $730 | 0.2 mi |
B 1226 W 21st Sold | $1,063,500 | 2 | 2 | 1,544 | $689 | 0.2 mi |
C 834 W 24th Sold | $915,000 | 3 | 2 | 1,279 | $715 | 0.6 mi |
D 2633 Averill Avenue Sold | $1,255,000 | 4 | 2 | 1,933 | $649 | 0.3 mi |
E 3103 S Leland Street Sold | $1,275,000 | 4 | 3 | 1,467 | $869 | 0.4 mi |
F 2025 S Alma Sold | $1,200,000 | 3 | 2 | 1,968 | $610 | 0.4 mi |
G 3605 Roxbury Sold | $1,135,000 | 3 | 2 | 1,823 | $623 | 0.8 mi |
H 1505 S Walker Avenue Sold | $935,000 | 2 | 2 | 1,380 | $678 | 0.5 mi |
I 1223 W 23rd Active | $1,099,000 List Price | 4 | 2 | 1,310 | $839 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This 1938 Craftsman has undergone a complete top-to-bottom restoration and modernization, qualifying as a recent renovation (<5 years). The interior features a mint-condition open floor plan with vaulted ceilings, recessed lighting, and high-end custom finishes in the kitchen and bathrooms. The listing explicitly states it was restored with the finest materials and includes a 2-year warranty, indicating all systems (HVAC/Electric) are updated and in peak condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Exceptional Accessory Structure
The property features a massive 1,600 sqft three-car garage with a second-story loft, offering significant potential for an ADU conversion, rental income, or a premium home office.
- Superior Restoration Quality
This Craftsman home underwent a meticulous, custom restoration using high-end materials rather than a standard flip, and uniquely includes a two-year warranty for peace of mind.
CONSRISKS & DEFICIENCIES
- Market Pricing Alignment
Two price reductions within the first 30 days suggest the initial list price was aggressive, potentially impacting buyer perception of value during the early listing period.
- Modest Primary Living Footprint
At 1,518 sqft, the main residence is relatively compact for the $1.2M price point, which may be a drawback for families requiring more interior living space.
About 1285 W 23rd Street
PRICED TO SELL!! LET'S TALK! This open floor plan of 1518 Sqft and SPACIOUS 1600 Sqft 3 CAR GARAGE / LOFT Second Story is everyone's income dream! As you step inside, you will notice the tranquility and pleasant flow of this VERY CUSTOM home, greeted also by a warm and inviting atmosphere. The living spaces are thoughtfully laid out, with an emphasis on comfort and functionality. This dwelling is an extremely spacious and modernized,, including a lighted patio area perfect for enjoying the good life, while dining and enjoying meals together. This completely renovated and upgraded dwelling is absolutely a work of art , a great place to BE YOUR home, only 3/8's of a mile from the water, you will enjoy and live affordably near the beautiful Blue Pacific Ocean and enjoy a fresh ocean breeze daily! This Craftsman (GAS/ELECTRIC) home was renovated and completely restored with the finest materials top to bottom, corner to corner (NOT A FLIP!!) including: COMES WITH (2) YEARS WARRANTY!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 5,403 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 0.3 mi
5/10
White Point Elementary School
Grades K-6 • 0.5 mi
7/10
South Shores/Csudh Visual And Performing Arts
Grades K-5 • 1.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,518 | 1,461.695 |
| Lot Size | 5,403 | 5,050.458 |
| Price | $1.20M | $989.3K |
| Price per sq ft | $791 | $611 |
| Built year | 1938 | 1950 |
| HOA | $0 | $275 |
| Days on market | 30 | 50 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,200,000
$1,229,000
-2% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$1,229,000
$1,245,000
-1% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$1,245,000
Initial Listing