1516 W 5th Street, San Pedro, California 90732, San Pedro, 90732 - 3 bed, 3 bath
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San Pedro, California 90732
This Modernized Coastal Residence is a Strong Value Opportunity, listed at $1,219,000—positioned well below the $1,333,409 Fair Market Value by 8%. This valuation gap provides $114,409 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a Remodeled Granite Kitchen, designer tile baths, and Panoramic Harbor Views. With rare parking for six vehicles and proximity to Seventh Street Elementary, it balances luxury with utility. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-demand coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 W 5th Street Subject | $1,219,000* List Price | 3 | 3 | 2,376 | $561 | - |
A 304 John Way Sold | $1,350,000 | 3 | 3 | 2,071 | $652 | 0.1 mi |
B 1118 S Malgren Avenue Sold | $1,494,000 | 3 | 3 | 2,359 | $633 | 0.5 mi |
C 1767 W Chandeleur Drive Sold | $1,285,000 | 4 | 2 | 2,063 | $623 | 0.3 mi |
D 1623 W 14th Street Sold | $1,485,000 | 5 | 4 | 2,843 | $522 | 0.7 mi |
E 1212 S Weymouth Active | $1,189,000 List Price | 5 | 4 | 2,190 | $543 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone extensive recent renovations that align with current quality standards. The kitchen is fully modernized with new cabinetry, granite countertops, mosaic backsplashes, and high-end stainless steel appliances. All bathrooms have been completely remodeled with designer tile work, new toilets, and modern fixtures. The interior features updated hardwood and designer tile flooring, recessed lighting, and crown molding throughout, showing no signs of deferred maintenance and a high level of pride of ownership.
The property features impressive ocean and city views accessible from the living room, dining area, and primary bedroom, further enhanced by multiple decks and balconies.
The expansive concrete front provides rare accommodations for up to six vehicles or dedicated space for an RV and boat, a significant asset in this residential area.
The home boasts extensive upgrades, including a remodeled kitchen with granite countertops and designer bathrooms featuring marble, limestone, and elegant mosaic tile work.
With the primary bedroom and main living areas situated on the upper levels, the multi-story floor plan may be less desirable for buyers seeking single-level accessibility.
The property's close proximity to a major hospital and an elementary school may result in increased ambient noise and local traffic during peak operating hours.
located near end of cul-de-sac street, pride of ownership home, concrete in front of home giving enough space for up to 6 vehicles or space for RV and/or boat. Manicured home with primary bedroom on top floor level with full kitchen, family room, deck, balcony and livingroom. Close to famous Little Company Mary Hospital, popular 7th street elementary school in excellent San Pedro area. Ocean and city view with deck from open Livingroom, dining & primary bedroom. Enclosed backyard with matured palm trees and nicely landscaped yard for your pets to roam. Solid wood door entry leads to first floor with 2 spacious bedrooms & family room with elegant mosaic/lime stone & marble fire place and access to backyard, family room could be used as 4th bedroom, full guest bath downstairs. Main or 2nd floor with large living room with new wet bar, leads to a large balcony, spacious dining area with granite counter top bar, designer tile floors, large kitchen with many new elegant cabinets with granite counter top with mosaic back splash & tile flooring. Huge primary bedroom, access to balcony, & primary bath with double sink, granite counter top, all bathrooms are remodeled with designer new tiles, new toilets, faucets, light fixtures.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,376 | 1,696.5 | 88% |
| Lot Size | 6,928 | 6,927 | 50% |
| Price | $1.22M | $1.15M | 58% |
| Price per sq ft | $513 | $664 | 6% |
| Built year | 1979 | 1956 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 186 | 2% |
Apr 8, 2026
$1,219,000
Initial Listing
Sep 19, 2014
$665,000
Public Record
Jul 11, 2002
$399,000
Public Record