
San Pedro, California 90731
This Dual-Residence Coastal Income Property is a High-Potential Investment Opportunity listed at $895,000—positioned well below the $930,278 Fair Market Value by 3%. This valuation gap offers $35,278 in Instant Equity. Boasting a Move-in Ready Condition Rating, the asset features two detached homes, including a vacant rear unit with a private deck and $3,000/month rental potential. Located blocks from the beach near Top-Rated Schools like Taper Avenue Elementary, it perfectly balances lifestyle with dual-income versatility. This is an ideal acquisition for Owner-Occupants seeking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3046 S Kerckhoff Subject | $875,000* List Price | 0 | 0 | 1,900 | $471 | - |
A 2617 S Pacific Avenue A Sold | $780,000 | 0 | 0 | 1,480 | $527 | 0.3 mi |
B 2617 S Pacific Avenue Sold | $820,000 | 3 | 2 | 1,380 | $594 | 0.3 mi |
C 935 937 W 17th Active | $950,000 List Price | 4 | 2 | 1,740 | $546 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring recent cosmetic updates such as new laminate flooring and fresh interior paint. While the kitchen and bathrooms show some dated elements—including older tile work in the shower and basic cabinetry—they are clean and fully functional. The exterior stucco and concrete show minor wear consistent with age, but the overall presentation of the vacant rear unit suggests it has been updated within the last 5 to 15 years to meet current rental market standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The 'two homes on one lot' configuration provides exceptional flexibility for owner-users to house-hack or for investors to capitalize on dual rental streams in a high-demand area.
Situated in the sought-after Point Fermin neighborhood, the property is just blocks from the beach and the high-profile West Harbor redevelopment, ensuring strong potential for long-term appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1900, other record living area = 1136.
Originally constructed in 1923, the property may require ongoing maintenance or capital improvements to aging systems typical of century-old structures.
The 3,750 square foot lot is relatively small for two detached residences, which results in limited private outdoor space and close proximity between the two dwellings.
Just Blocks from the Beach | Point Fermin Gem | Two Homes on One Lot Welcome to the Point Fermin neighborhood of San Pedro—just a few blocks from the coastline and minutes from the exciting West Harbor redevelopment project. This unique property features two separate homes on one lot, offering incredible flexibility for investors, owner-users, or multigenerational living. The front home offers 2 bedrooms and 1 bathroom across approximately 1,132 sq ft, complete with in-unit laundry and dedicated parking. Currently tenant-occupied at $2,000/month, with tenants paying utilities. The rear unit is VACANT and move-in ready, presenting a rare opportunity for an owner to occupy or to lease at market rent. This two-story residence features 2 bedrooms and 2 bathrooms, along with an attached one-car garage. Estimated market rent is approximately $3,000/month, making this a strong income-producing asset. Enjoy coastal living just moments from the beach, local parks, dining, and the rapidly transforming waterfront. With significant upside potential and a prime location, this is an opportunity you don’t want to miss.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,900 | 2,258.5 | 41% |
| Lot Size | 3,750 | 5,001.5 | 11% |
| Price | $875.0K | $985.0K | 37% |
| Price per sq ft | $461 | $462 | 46% |
| Built year | 1923 | 1928 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 210 | 2% |
Apr 21, 2026
$875,000
$895,000
-2% Price Drop
Initial Listing
Apr 2, 2026
$895,000
Initial Listing