233 W Oliver Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath

233 W Oliver Street
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 233 W Oliver Street, San Pedro, California 90731 is currently available with a list price of $1,100,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1963, this quadruplex is well-maintained but shows its age. While it features recent exterior updates like fresh paint and new windows, the interiors remain largely dated. The kitchens have been partially refreshed with newer countertops, but the cabinetry and appliances are older styles. It fits the 'fair' criteria as an aged property maintained through regular upkeep with functional but outdated components.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Strategic Investment Location
Situated in the heart of San Pedro's major transformation, the property benefits from proximity to the West Harbor waterfront redevelopment and AltaSea, promising significant long-term appreciation.
- Stable Income Stream
This fully occupied quadruplex features consistent 2-bedroom, 1-bath layouts with long-term tenants already in place, providing immediate and reliable cash flow for the investor.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The property is zoned for Barton Hill Elementary, which carries a low rating of 2/10, potentially limiting the appeal for families and impacting long-term tenant quality.
- Aggressive Pricing History
With a previous sale recorded at $875,000 in mid-2024, the current $1.1M asking price represents a sharp increase in a short period, which may challenge appraisal valuations.
About 233 W Oliver Street
San Pedro is in the middle of a major transformation. West Harbor is reimagining the old Ports O' Call into a vibrant waterfront destination with chef-driven restaurants, retail, and live entertainment. AltaSea is creating a world-class ocean innovation campus focused on climate and sustainability, while thousands of new housing units, arts spaces, and cultural districts like Little Italy LA are shaping a bold new future. This prime multi-family property offers a rare opportunity to invest in San Pedro’s growth. Thoughtfully maintained, the four-unit building features spacious 2-bedroom, 1-bath layouts, each occupied by long-term tenants for steady income. Recent updates include fresh paint and brand-new windows, while well-kept landscaping adds to the property’s inviting curb appeal. Located in a desirable neighborhood near the evolving waterfront and with easy access to the 110 freeway, the property offers everyday convenience near parks, schools, dining, and shopping. Don’t miss the chance to secure a valuable asset in a prime location as San Pedro steps into its next chapter.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1963
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Barton Hill Elementary School
Grades K-6 • 0.3 mi
Cabrillo Avenue Elementary School
Grades K-5 • 0.9 mi
Bandini Street Elementary School
Grades K-6 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,314 | 2,320 | 70% |
| Lot Size | 5,001 | 5,001 | 50% |
| Price | $1.10M | $940.0K | 63% |
| Price per sq ft | $332 | $422 | 26% |
| Built year | 1963 | 1928 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 177 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,100,000
Initial Listing
Sold
Jun 27, 2024
$875,000
Public Record
Sold
Nov 12, 2002
$325,500
Public Record









