1311 S. Grand Ave 5, San Pedro, California 90731, San Pedro, 90731 - 1 bed, 1 bath
1311 S. Grand Ave 5
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 1311 S. Grand Ave 5, San Pedro, California 90731 is currently available with a list price of $360,000. 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.
The property, built in 1978, is move-in ready with several key updates. The kitchen features updated white shaker cabinets, dark granite/quartz countertops, and a newer stainless steel refrigerator, though the range appears older. The bathroom has an updated vanity and light fixture, but the shower tile and floor tile show signs of being older or from an earlier renovation. New laminate flooring has been installed throughout the living areas and bedroom, which significantly enhances the appeal. While popcorn ceilings are present and the bathroom shower tile is dated, these do not require immediate renovation. The overall condition reflects a well-maintained home with recent cosmetic updates, aligning with the 'Good' criteria of being move-in ready with functional systems and some updated components, even if not a full recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Affordability & Value
Positioned as an affordable option and a 'perfect starter home' for building equity, offering 'real value' in a rising neighborhood, especially after significant price adjustments.
- Prime Location
Strategically located minutes from Downtown San Pedro, the Harbor waterfront, and the upcoming West Harbor development, providing easy access to local amenities and a vibrant coastal community.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has undergone multiple price reductions from its original list price of $420,000 down to $360,000, which may suggest initial overpricing or challenges in market appeal.
- Monthly HOA Fee
A monthly association fee of $355.0 adds a recurring cost to homeownership, which potential buyers must factor into their budget.
- Virtual Staging Disclosure
The listing notes that 'Some images have been virtually staged,' which could potentially set unrealistic expectations for buyers regarding the actual appearance and furnishings of the unit.
About 1311 S. Grand Ave 5
Welcome to 1311 S Grand Ave #5 — a bright, functional, and affordable 1-bedroom, 1-bathroom condo that’s the perfect starter home if you’re ready to stop renting and start building equity. Enjoy an open-concept layout that’s ideal for hosting friends, a spacious bedroom retreat, your own assigned parking for everyday convenience, laundry on-site and a gym room. Located just minutes from Downtown San Pedro, the Harbor waterfront, and the exciting new West Harbor development, you’ll love the easy access to local coffee shops, restaurants, parks, and the vibrant coastal community vibe. Whether you’re a first-time buyer or investor, this condo offers real value in a neighborhood on the rise. Affordable. Convenient. Totally yours. Welcome home to 1311 South Grand Avenue, Unit 5 — ready for its next owner. *Some images have been virtually staged.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 14,810.4 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $355.0 / Month
Neighborhood Insights
San Pedro Unified Schools
Fifteenth Street Elementary School
Grades K-5 • 0.3 mi
Cabrillo Avenue Elementary School
Grades K-5 • 0.4 mi
Leland Street Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 748 | 1,197 | 14% |
| Lot Size | 14,810.4 | 12,438.5 | 64% |
| Price | $360.0K | $577.5K | 14% |
| Price per sq ft | $481 | $478 | 50% |
| Built year | 1978 | 1987 | 32% |
| HOA | $355.0 | $421 | 36% |
| Days on market | 155 | 191 | 41% |
Pricing History
Listed for Sale
Feb 2, 2026
$360,000
$375,000
-4% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$375,000
$384,000
-2% Price Drop
Initial Listing
Price Change
Nov 15, 2025
$384,000
$399,000
-4% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$399,000
$420,000
-5% Price Drop
Initial Listing
Price Change
Oct 2, 2025
$420,000
Initial Listing
Sold
Apr 12, 2018
$219,000
Public Record
Sold
Nov 29, 2001
$100,000
Public Record