
San Pedro, California 90731
This property presents a Strong Value Opportunity with a List Price of $1,199,000—positioned well above the $1,092,831 Fair Market Value by -9%. Featuring a Condition Rating of 5, the home requires comprehensive modernization of its 1951 infrastructure. However, the Exceptional Coastal Views of the Pacific and Catalina Island, combined with Assumable VA Financing, provide unique market leverage. Located near Taper Avenue Elementary (9/10), this is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking to renovate a coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3421 S Patton Avenue Subject 4 bd · 2 ba · 1,834 sqft · $659 | $1,199,000* List Price | 4 | 2 | 1,834 | $659 | - |
A 3740 Barbara Sold 2 bd · 3 ba · 1,840 sqft · $829 · 0.3 mi | $1,525,000 | 2 | 3 | 1,840 | $829 | 0.3 mi |
B 1266 W 19th Sold 2 bd · 1 ba · 1,317 sqft · $650 · 0.7 mi | $856,500 | 2 | 1 | 1,317 | $650 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 with interior renovations (kitchen cabinetry, heavy wood paneling, and sunken living room) appearing to be over 30-40 years old. The property is significantly dated and requires a comprehensive rehab of the kitchen, baths, and systems to meet modern standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features rare and expansive views of the Pacific Ocean, Catalina Island, and the harbor from nearly every room, significantly enhancing its aesthetic appeal and market value.
The availability of an assumable VA loan offers a significant financial incentive for eligible buyers, providing a potential path to a lower interest rate in a high-rate market.
Built in 1951, the home may require capital improvements or modernization of its original systems to meet the expectations of contemporary buyers.
While the local elementary school is well-rated, the assigned middle school has a lower rating of 4, which may be a concern for families prioritizing top-tier public education.
*Assumable 2.876% VA Loan to VA Eligible Buyer!* Welcome to 3421 S Patton Avenue; situated in San Pedro's coastal Palisades neighborhood is this sprawling 4 bedroom and 2 bath single family home spanning 1,834 square feet on a generous 6,251 square foot lot. Perched in the hills of the Palisades you will be able to enjoy ocean, harbor, or Catalina views in almost every room of the home. Only a few minutes away will have you enjoying the ocean breezes and stunning views of Angel's Gate Park, Cabrillo Beach, and the all new West Harbor development at the Port of Los Angeles, which is welcoming many restaurants and sure to host many events in the future. Upon entering you are welcomed by a spacious and bright living space with bay windows overlooking the Pacific Ocean. The home provides plenty of space with two separate living areas, a well-appointed kitchen, and a dedicated dining area. The flexible layout offers room to accommodate a variety of lifestyles, whether you’re looking for comfortable family living, space to work from home, or areas to gather with friends and family. With it's generous floor plan, ideal location, and outstanding value, this is not an opportunity you want to miss!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,834 | 1,533.653 |
| Lot Size | 6,251 | 5,312.227 |
| Price | $1.20M | $1.02M |
| Price per sq ft | $654 | $644 |
| Built year | 1951 | 1951 |
| HOA | $0 | $275 |
| Days on market | 44 | 53 |
Sep 11, 2026
$1,199,000
Initial Listing
Jun 29, 2021
$1,050,000
Public Record