
San Pedro, California 90732
This 1926 residence represents a High-Potential Investment Opportunity, listed at a List Price of $700,000—positioned well above the $643,449 Fair Market Value by -8%. Featuring a Condition Rating of 5, the property requires significant interior rehabilitation and system updates. Its prime location across from Averill Park and flexible floor plan provide a strong foundation for value-add renovations. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior overhaul to modernize this historic home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 S Weymouth Subject | $700,000* List Price | 2 | 1 | 1,187 | $542 | - |
A 1231 W Santa Cruz St. Sold | $550,000 | 3 | 1 | 1,036 | $531 | 1.0 mi |
B 1509 W Santa Cruz Active | $749,000 List Price | 3 | 2 | 1,182 | $634 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this nearly century-old home requires significant rehabilitation. While the living areas feature charming original wood floors, the kitchen is severely dated with finishes likely exceeding 40 years in age and missing appliances. The property's age and the visible condition of the kitchen and interior walls suggest that major system updates and a full interior overhaul are necessary to meet modern standards.
Situated directly across from the iconic Averill Park, the property offers immediate access to premium green space and scenic views in one of San Pedro's most sought-after neighborhoods.
Built in 1926, the home features timeless architectural details including original hardwood flooring, a classic fireplace, and an updated bathroom that preserves its vintage appeal.
The layout includes a formal dining area, a cozy breakfast nook, and a versatile bonus room ideal for a home office or creative studio, maximizing the utility of the square footage.
With only one bathroom serving two bedrooms and a bonus space, the home may present functional challenges for growing families or those who frequently host guests.
The listing's emphasis on 'potential' and 'making it your own' suggests that while the bathroom is updated, other areas of the 1920s-era home may require additional capital for modern upgrades.
Warm character, timeless details, and an unbeatable location directly across from Averill Park. This charming 2-bedroom, 1-bath home is filled with personality and opportunity in one of San Pedro’s most beloved neighborhoods. Inside, you’ll find beautiful original wood floors, a charming fireplace that anchors the living space, and an updated bathroom that blends modern comfort with classic character. The formal dining area flows into a cozy breakfast nook, creating the perfect space for morning coffee. Just off the dining room, a flexible bonus space offers endless possibilities for a home office, creative studio, reading room, or workout area. Set in a picturesque pocket of San Pedro surrounded by mature trees, historic homes, and the beauty of Averill Park just steps away, this home offers the kind of charm and neighborhood feel buyers are always searching for. Whether you’re looking to move right in or slowly make it your own over time, the potential here is undeniable.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 1,187 | 1,745 | 7% |
| Lot Size | 4,507 | 6,393 | 7% |
| Price | $700.0K | $1.16M | 4% |
| Price per sq ft | $590 | $650 | 43% |
| Built year | 1926 | 1956 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 115 | 11% |
May 28, 2026
$700,000
Initial Listing
Dec 9, 2004
$540,000
Public Record
Mar 3, 2000
$295,000
Public Record
Aug 7, 1998
$238,500
Public Record