2691 S Cabrillo, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
Loading property details...
San Pedro, California 90731
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $649,676 Fair Market Value by 7%. Featuring a Condition Rating of 5, this 1926 home requires a full-scale renovation to modernize its original systems and layout. The corner lot offers peek-a-boo harbor views and proximity to Taper Avenue Elementary and Palos Verdes Peninsula High School. This asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking to restore character and capture value in the Palisades area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2691 S Cabrillo Subject | $699,000* List Price | 2 | 1 | 832 | $781 | - |
A 2840 S Carolina Street Sold | $644,000 | 2 | 1 | 817 | $788 | 0.3 mi |
B 715 W 30th Sold | $727,200 | 2 | 1 | 871 | $835 | 0.3 mi |
C 2937 S Carolina Street Sold | $580,000 | 2 | 1 | 890 | $652 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926 and described as 'mostly original' after 50 years of single-family ownership, the property features a highly dated kitchen and interior that likely haven't been updated in over 30 years. The listing explicitly suggests the need to 'restore, renovate, or reimagine,' indicating a need for a full rehab.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated on a desirable corner lot in the sought-after Palisades area of San Pedro, the property offers peek-a-boo harbor views and excellent curb appeal within a vibrant coastal community.
Held by the same family for nearly 50 years, this mostly original 1926 home presents a rare 'blank canvas' opportunity for investors or end-users to renovate and build immediate equity.
The home is in mostly original condition from 1926, meaning buyers should anticipate significant capital expenditures for modernizing systems, fixtures, and finishes.
At just 832 square feet with a single bathroom, the compact footprint may be restrictive for modern buyers or those requiring more generous living and storage space.
Welcome to 2691 Cabrillo — Located in the Palisades area of San Pedro, a charming 2-bedroom, 1-bath home situated on a desirable corner lot with great curb appeal, a welcoming porch, and peek-a-boo harbor views. Owned by the same family for almost 50 years, this mostly original home is full of character, history, and opportunity. Offering classic charm and plenty of potential, the home is ready for a buyer to bring their vision and make it their own. In addition to the main bathroom, the property features a non-conforming shower in the laundry room, providing added flexibility. The corner-lot setting creates a nice sense of openness, while the inviting exterior and welcoming porch offer a warm first impression. Located in a coastal community known for its harbor, local amenities, and convenient access to shops, dining, parks, and the waterfront, this home presents a wonderful opportunity to restore, renovate, or reimagine. 2691 Cabrillo is ready for its next chapter.
No exterior & parking available.
Grades K-6 • 0.5 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 | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 832 | 1,254 | 17% |
| Lot Size | 3,664 | 5,000.5 | 19% |
| Price | $699.0K | $807.5K | 22% |
| Price per sq ft | $840 | $637 | 83% |
| Built year | 1926 | 1938 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 131 | 7% |
May 12, 2026
$699,000
Initial Listing