325 N Palos Verdes 2, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This High-Potential Investment Opportunity is a Duplex Asset listed at $629,000, positioned well below the $592,648 Fair Market Value by -6%. While the property carries a Poor Condition Rating and requires significant modernization, the dual-unit configuration provides immediate rental income potential. Located near the West Harbor development, this site offers strategic growth upside. With separate driveways and a 4,951 sqft lot, it is a prime acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on San Pedro’s ongoing waterfront revitalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 N Palos Verdes 2 Subject | $629,000* List Price | 0 | 0 | 1,489 | $398 | - |
A 620 W 8th Sold | $622,500 | 2 | 2 | 1,836 | $339 | 0.8 mi |
B 578 W Oliver Pending | $645,000 List Price | 0 | 0 | 1,624 | $397 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and explicitly described as needing TLC, this property is marketed toward investors and developers. Interior photos reveal dated popcorn ceilings and exposed wiring on the floor, while the exterior shows signs of deferred maintenance. With no mention of updated HVAC or electrical systems and a clear need for rehab, it falls into the poor category.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features two separate homes on a single lot—a 3-bedroom Victorian and a 2-bedroom bungalow—offering excellent flexibility for rental income or multi-generational living.
Located near the brand new 'West Harbor' waterfront development and cruise ship terminal, the property is positioned to benefit from significant local area revitalization and appreciation.
The property is noted as needing 'TLC,' implying that an owner-occupant or investor will need to budget for immediate repairs and cosmetic updates.
Built in 1922, the homes likely require significant modernization of major systems such as plumbing and electrical to meet current building standards and buyer expectations.
Absolutely great value for 2 houses on one lot. Front home is a Charming Victorian 3 bedroom and 1 bath and the rear home is a bungalow with 2 bedroom and 1 bath. Both have separate driveways with the ability to park 2+ cars each. Property needs some TLC however the price makes it ideal for an owner occupier OR investor/developer. Close to the the Cruise Ships and the Brand New "West Harbor" waterfront development. Also close to freeways and Down Town San Pedro.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,489 | 1,676 |
| Lot Size | 4,951 | 5,101 |
| Price | $629.0K | $998.9K |
| Price per sq ft | $422 | $457 |
| Built year | 1922 | 1923 |
| HOA | $0 | $0 |
| Days on market | 23 | 108 |
Jun 29, 2026
$629,000
Initial Listing
Mar 28, 2012
$250,500
Public Record