1561 W 7th Street, San Pedro, California 90732, San Pedro, 90732 - 2 bed, 1 bath
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San Pedro, California 90732
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $686,717 Fair Market Value by -1.8%. While the property requires significant renovation due to its Condition Rating of 5, the 1,132 square foot layout provides a solid foundation for value-add strategies. Located steps from an elementary school in the Vista Del Oro neighborhood, this asset offers long-term upside for Fix-and-Flip Investors or Owner-Occupants capable of executing a comprehensive modernization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 W 7th Street Subject | $699,000* List Price | 2 | 1 | 1,132 | $607 | - |
A 1401 S Weymouth Pending | $700,000 List Price | 2 | 1 | 1,187 | $590 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property is explicitly marketed as a fixer-upper requiring a total rehab. The exterior shows significant staining and wear, while the interior features dated tile flooring, popcorn ceilings, and an outdated kitchen that needs a complete modernization.
Situated in the desirable Vista Del Oro neighborhood, the property is located just steps (0.02 miles) from an award-winning elementary school, offering exceptional convenience and long-term resale value.
As a fixer-upper with a spacious 1,132 square foot layout and a solid foundation, this home presents a prime opportunity for investors or owner-occupants to build substantial equity through renovation.
Built in 1926, the residence retains its vintage charm and character, providing a unique aesthetic and a 'blank canvas' that allows for a thoughtful blend of historic detail and modern updates.
The property is explicitly marketed as a fixer-upper, necessitating a significant additional investment of time and capital to address deferred maintenance and modernize the living spaces.
With only two bedrooms and a single bathroom, the current footprint may limit the buyer pool to smaller households or require a costly expansion to compete with larger family homes in the area.
Every home has a story, and this one is ready for its next chapter. Offering 2 bedrooms, 1 bathroom, and approximately 1,132 square feet of living space, this fixer-upper presents a genuine opportunity to reimagine a property with real potential. The spacious layout provides a solid foundation for renovation, with generously sized living areas that invite creativity and customization. The home retains its original character and offers the kind of structure that can be thoughtfully refreshed rather than rebuilt from scratch. Each room is a blank canvas, ready for modern updates, improved flow, and design choices that reflect how people actually want to live today. Located next to an award-winning elementary school in an established neighborhood, the property offers both everyday convenience and long-term value, whether you're an owner-occupant with a vision or an investor looking for upside. With the right touch, this home has everything it needs to become something truly special.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,132 | 1,475 |
| Lot Size | 4,253 | 5,172 |
| Price | $699.0K | $1.01M |
| Price per sq ft | $617 | $609 |
| Built year | 1926 | 1961 |
| HOA | $0 | $333 |
| Days on market | 41 | 52 |
Jun 11, 2026
$699,000
Initial Listing