362 W 11th, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Residential Income Duplex is a Strong Value Opportunity, listed at $815,000—positioned well below the $922,346 Fair Market Value by 11%. This valuation gap offers $107,346 in Instant Equity. Featuring a Condition Rating of 3, the property includes a 2024-remodeled rear unit and separate utility metering. Located near the San Pedro Waterfront and top-rated schools like Taper Avenue Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 362 W 11th Subject | $815,000* List Price | 0 | 0 | 1,932 | $477 | - |
A 620 W 8th Sold | $622,500 | 2 | 2 | 1,836 | $339 | 0.4 mi |
B 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 0.5 mi |
C 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.5 mi |
D 922 W 3rd Street Sold | $870,000 | 0 | 0 | 1,818 | $479 | 0.9 mi |
E 234 & 236 W.12th Street Street Pending | $924,900 List Price | 0 | 0 | 1,773 | $522 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1929, the property has been well-maintained with a significant 2024 remodel of the rear unit featuring modern flooring and finishes. Systems are functional with separate gas/electric meters and individual water heaters, making it move-in ready for tenants or an owner-user.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features two detached units with separate gas and electric meters, providing an ideal opportunity for an owner-occupant to live in one and rent the other to offset mortgage costs.
The rear unit was remodeled in 2024 and can be delivered vacant, offering a turnkey interior that appeals to modern tenants and reduces immediate capital expenditure for the buyer.
With only a one-car garage available for two separate residential units, parking may be a significant constraint for multi-vehicle households or visitors in a dense urban area.
Built in 1929, the property may possess aging structural or mechanical systems that require more frequent maintenance and higher long-term upkeep costs compared to newer constructions.
Located near Downtown San Pedro and the major Waterfront project, this residential property features 2 detached units with a 1 car Garage. Units are 2 bed/ 1 bath and basement for storage and 1 bed + bonus room/1 bath that has been remodeled in 2024. This unit also have a basement for storage. The rear unit can be delevered vacant and has the 1 car garage parking with a front yard to entertain or replax under the tree. Each unit has its own washer/dryer hookups, water heaters with separate gas and electric meters. Front Unit is approx 1,176 SF and the Rear unit is approx 756 SF. The property is located near the Historic Downtown San Pedro District. There are many retail, dining and bar options. There is a Trolly that runs from Cabrillo Marina/Beach to the LA Waterfront. Live in 1 unit and rent the other.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.8 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 | 1,932 | 2,251 | 41% |
| Lot Size | 5,005 | 5,002 | 51% |
| Price | $815.0K | $930.0K | 16% |
| Price per sq ft | $422 | $417 | 51% |
| Built year | 1929 | 1942 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 214 | 3% |
May 20, 2026
$815,000
Initial Listing
Jan 11, 2022
$710,000
Public Record
Oct 17, 2005
$550,000
Public Record