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2145 Mcrae Drive, San Pedro, California 90732, San Pedro, 90732 - 3 bed, 4 bath

2145 Mcrae Drive, San Pedro, California 90732 home-pic-0
ACTIVE$1,649,000
2145 Mcrae Drive, San Pedro, California 90732
3Beds
4Baths
1,910Sqft
6,747Lot

Price Vs. Estimate

The estimated value ($1,070,809.745) is $578,190.255 (35%) lower than the list price ($1,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unobstructed Ocean Views: The property offers stunning, unobstructed panoramic ocean, Catalina, and coastline views, significantly enhancing its desirability and value.
Top Cons:
Significant Overpricing: The current list price is substantially higher than the property's estimated value and recent comparable sales, potentially leading to a longer time on market or requiring a price adjustment.

Compared to the nearby listings

Price:$1.65M vs avg $1.13M (+$519,000)90%
Size:1,910 sqft vs avg 1,693 sqft63%
Price/sqft:$863 vs avg $66483%

More Insights

Built in 1961 (64 years old).
Condition: Despite being built in 1961, the property has undergone an 'ALL NEW remodeled' renovation, explicitly stating 'Brand new upgrades' including premium kitchen appliances, stylish new light fixtures, full repiping, central A/C, and freshly painted interiors/exteriors. The description of a 'gourmet kitchen' and 'each bedroom comes with its own en-suite bath' indicates modern, high-quality finishes in these key areas. This extensive and recent renovation brings the property to a virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
1961
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$863
HOA
-
Days on market
-
Sold On
-
MLS number
AR24252365
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic
Deck
Patio
ViewCatalina, Coastline, Ocean, Panoramic

About this home

ALL NEW remodeled home with unobstructed ocean views! Brand new upgrades include: premium kitchen appliances (oven, range, and dishwasher), stylish new light fixtures (both indoor and outdoor), an installed Ring camera for added security, full repiping with new plumbing pipes, a white vinyl backyard fence, a wrought iron backyard gate, backyard paving stones, and a freshly painted, attached 2-car garage with EV charging. No HOA. Nestled in the highly desirable South Shores neighborhood, this beautifully updated 3-bedroom, 3.5-bath home features freshly painted interiors and exteriors, exuding a modern and inviting atmosphere. The layout is open-concept, seamlessly connecting the gourmet kitchen, spacious living room, and elegant dining area. Each bedroom comes with its own en-suite bath, providing comfort and privacy, with an additional powder bathroom for guests. Enjoy relaxing moments on the peaceful balcony, where you can take in the stunning ocean views. The home is equipped with central A/C and two smooth finish stucco fireplaces—one on each level. The property also boasts spacious yards with fruit trees, perfect for outdoor enjoyment. This coastal retreat is situated near the prestigious Rancho Palos Verdes coastline with proximity to Trump National Golf Club. Conveniently located near San Pedro Downtown Waterfront for dining and the famous San Pedro Seafood Market. Seize the opportunity to make this ocean-view home yours.

Nearby schools

7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•0.3mi
4/10
Seventh Street Elementary School
Public,•K-5•1.0mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.6mi
6/10
San Pedro Senior High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
08/04/21
Sold
$1,115,000
Condition Rating
Excellent
Despite being built in 1961, the property has undergone an 'ALL NEW remodeled' renovation, explicitly stating 'Brand new upgrades' including premium kitchen appliances, stylish new light fixtures, full repiping, central A/C, and freshly painted interiors/exteriors. The description of a 'gourmet kitchen' and 'each bedroom comes with its own en-suite bath' indicates modern, high-quality finishes in these key areas. This extensive and recent renovation brings the property to a virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Unobstructed Ocean Views: The property offers stunning, unobstructed panoramic ocean, Catalina, and coastline views, significantly enhancing its desirability and value.
Extensive Modern Remodel: Recently 'ALL NEW remodeled' with premium kitchen appliances, new plumbing, stylish fixtures, and fresh paint, offering a move-in ready, modern living experience.
Desirable South Shores Location: Situated in the highly sought-after South Shores neighborhood, with convenient access to Trump National Golf Club, San Pedro Downtown Waterfront, and the Seafood Market.
Functional & Private Layout: Features an open-concept living area and all bedrooms include en-suite baths, providing comfort, privacy, and a modern flow.
Comfort & Outdoor Amenities: Equipped with central A/C for year-round comfort and boasts spacious yards with fruit trees, plus a peaceful balcony for outdoor enjoyment.

Cons

Significant Overpricing: The current list price is substantially higher than the property's estimated value and recent comparable sales, potentially leading to a longer time on market or requiring a price adjustment.
Older Original Construction: Despite extensive renovations, the home's 1961 build year may present underlying structural or design characteristics that some buyers might perceive as less desirable than newer construction.
Potentially Limited Natural Green Space: The mention of 'backyard paving stones' suggests a hardscaped yard, which might not appeal to buyers seeking expansive natural lawns or extensive garden areas.

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