
San Pedro, California 90732
This Penthouse Condominium is a Strong Value Opportunity, listed at $598,000—positioned well below the $664,448 Fair Market Value by 10%. This valuation gap offers $66,448 in Instant Equity. Featuring an Excellent Condition Rating, this unit boasts soaring vaulted ceilings, panoramic harbor views, and modern quartz finishes. Located near top-rated schools like Taper Avenue Elementary, it offers a sophisticated, low-maintenance lifestyle. This property is an ideal acquisition for Owner-Occupants seeking immediate comfort or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1450 Brett Place 305 Subject | $598,000* List Price | 2 | 2 | 1,478 | $450 | - |
A 1380 W Capitol Drive 122 Sold | $560,000 | 2 | 3 | 1,438 | $389 | 0.2 mi |
B 27980 S Western 215 Sold | $551,000 | 2 | 2 | 1,174 | $469 | 0.7 mi |
C 1310 W Park Western Drive 155 Sold | $620,000 | 3 | 2 | 1,189 | $521 | 0.2 mi |
D 1602 Dalmatia Drive Sold | $715,000 | 2 | 3 | 1,588 | $450 | 0.5 mi |
E 1410 Brett Place 238 Sold | $560,000 | 2 | 2 | 1,085 | $516 | 0.2 mi |
F 1553 Dalmatia Sold | $700,000 | 2 | 3 | 1,429 | $490 | 0.6 mi |
G 1418 Brett Place #206 Active | $615,000 List Price | 3 | 2 | 1,365 | $451 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the unit has undergone significant cosmetic renovations within the last 5-10 years, including quartz countertops, painted cabinetry, and modern wood laminate flooring. It is well-maintained, move-in ready, and features updated stainless steel appliances and EV charging access.
Elementary School: Taper Avenue Elementary School (9/10).
As a top-floor unit, this property boasts soaring vaulted ceilings, extra windows for abundant natural light, and a versatile loft space that adds significant functional square footage for a home office.
The unit offers rare dual-aspect views, capturing the Los Angeles Harbor and downtown skyline to the east, alongside the scenic Palos Verdes hills to the west.
The monthly association fee of $642 is relatively high for the area and price point, which may impact the debt-to-income ratio for some prospective buyers.
Constructed in 1986, the complex may lack the modern aesthetic and energy-efficient infrastructure found in newer developments, potentially leading to higher long-term maintenance needs.
Welcome to a penthouse unit in the small 38 unit complex known as The Terraces. Tucked away at the end of Brett Place, this development is a hidden jewel highlighted by unique architecture that employs angled walls and ceilings throughout the interior to create a visually interesting living space while also making it very functional. Being on the top floor doesn't just mean that there's nobody living above you, it also means you get to enjoy soaring vaulted ceilings, extra windows for natural sunlight and a cozy loft area that makes a great home office. Sit at your desk and enjoy views to the east that stretch from downtown LA to the LA harbor. To the West you have views of the PV hill. The living room features a corner fireplace and sliding glass doors that open up to a large balcony that is large enough to accommodate a table for dining al fresco. Captivating views that include the mountains, city lights and harbor can be enjoyed from the living spaces as well as the primary suite. Adjacent to the living room is another informal living area with built-in bookshelves that makes a great TV room or study. The wonderful kitchen features painted cabinetry, quartz counters and a dining area. Outiside the kitchen is a wet bar and an entry hall that leads to the full guest bath, conveniently located laundry closet and the secondary bedroom. The spacious primary suite featues a vaulted ceiling, two closets (including a walk-in), and a large bathroom featuring a double vanity, soaking tub, separate shower, tile flooring and recessed lighting. Wood laminate flooring runs throughout the interior and is both appealing and easy to maintain. An elevator services all floors so you don't have to navigate stairs to get to the front door. Secured community garage provides two side-by-side parking spaces (84 & 86) and there are EV chargers as an added convenience. The complex was designed with the building and beautiful landscaping wrapping around the resort-like pool and spa area to create a very relaxing atmosphere. Additional community amenities include a rec room with with billiards and a gym. This complex is in a very walkable location with dining, shopping, banking and theaters just a short distance away. For commuters it offers easy access to the freeway and Vincent Thomas Bridge. If you're looking for a distinctive, low-maintenance lifestyle at an affordable price, this is the one for you. Don't miss it!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,478 | 1,143 | 90% |
| Lot Size | 56,131 | 151,307 | 23% |
| Price | $598.0K | $551.0K | 69% |
| Price per sq ft | $405 | $507 | 15% |
| Built year | 1986 | 1986 | 50% |
| HOA | $642.0 | $622 | 59% |
| Days on market | 32 | 139 | 3% |
May 15, 2026
$598,000
Initial Listing
Aug 6, 2021
$555,000
Public Record