378 S Miraleste Dr Unit 431, San Pedro, California 90732, San Pedro, 90732 - 2 bed, 2 bath
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378 S Miraleste Dr Unit 431
San Pedro, California 90732
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,143Sq Ft
324,746Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$450,432
7% AboveMARKET VALUE
SUMMARY
This Condominium represents a High-Potential Investment Opportunity, listed at $499,000—positioned above the $452,941 Fair Market Value. While the list price exceeds the current valuation, the property offers a Fair Condition Rating with recent cosmetic updates and rare Ocean Views from both bedrooms. Residents enjoy resort-style amenities, including 3 pools, 2 gyms, and 24/7 security. Located near Los Angeles Unified schools, this unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal lifestyle with significant community perks.
Estimated Market Value
$450,432
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 378 S Miraleste Dr Unit 431 Subject | $485,000* List Price | 2 | 2 | 1,143 | $394 | - |
A 378 S Miraleste Drive 426 Sold | $431,000 | 3 | 3 | 1,143 | $377 | 0.0 mi |
B 366 S Miraleste Drive 375 Sold | $460,000 | 3 | 2 | 1,272 | $362 | 0.0 mi |
C 360 S Miraleste 341 Sold | $428,000 | 2 | 2 | 1,143 | $374 | 0.1 mi |
D 106 N Western 205 Sold | $470,000 | 2 | 2 | 1,014 | $464 | 0.4 mi |
E 318 S Miraleste Drive 148 Sold | $462,500 | 2 | 2 | 1,143 | $405 | 0.1 mi |
F 1380 W Capitol 208 Sold | $450,000 | 2 | 2 | 977 | $461 | 1.0 mi |
G 388 S Miraleste 474 Active | $439,000 List Price | 2 | 3 | 1,107 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is a 1971 build that has received recent cosmetic 'lipstick' updates, including new laminate flooring and fresh paint. However, it retains dated elements such as popcorn ceilings and an older wall-mounted A/C unit. While move-in ready, the bathroom fixtures appear dated and the lack of a full renovation to the systems and ceilings keeps it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Ocean Views
This desirable end unit offers rare ocean views from both bedrooms, providing a serene coastal atmosphere and enhancing the property's market value.
- Resort-Style Amenities
Located in a gated community with 24/7 security, residents have access to three pools, two updated gyms, and a clubhouse, offering a high-end lifestyle experience.
- In-Unit Laundry Hookups
The inclusion of dedicated stackable washer and dryer hookups within the unit provides a significant convenience not always found in older condominium complexes.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $714.42 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Limited Assigned Parking
With only one assigned parking space for a two-bedroom residence, multi-vehicle households may find the parking situation restrictive despite the availability of guest spaces.
About 378 S Miraleste Dr Unit 431
Welcome to the gated community of Miraleste Canyon Estates, just adjacent to Rancho Palos Verdes. This beautiful end Condo offers Ocean Views from both bedrooms. Bright and sunny, this home has a lower level powder room that also offers washer/dryer hookups for a stackable washer and dryer. Upstairs you will find two spacious bedrooms with ocean views, the primary has a full wall of closets with mirrored closets doors. Ceiling fans help to keep you cool in the summer! A patio off of the living room is perfect for your summer BBQ's. This Unit comes with 1assigned parking space that is very close to the unit (#842), and plenty of guest parking nearby. This complex offers resort-like-living with 24/7 security, lush landscaping, 3 pools and spas, 2 gyms that have recently been updated with new equipment, a clubhouse with full kitchen, game room and 2 laundry facilities onsite.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 324,746 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $714.42 / Month
Neighborhood Insights
San Pedro Unified Schools
Seventh Street Elementary School
Grades K-5 • 0.4 mi
4/10
Crestwood Street Elementary School
Grades K-6 • 0.6 mi
5/10
Richard Henry Dana Middle School
Grades 6-8 • 1.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,143 | 1,218.923 |
| Lot Size | 324,746 | 95,883 |
| Price | $485.0K | $548.7K |
| Price per sq ft | $424 | $483 |
| Built year | 1971 | 1980 |
| HOA | $714.42 | $632 |
| Days on market | 27 | 67 |
Pricing History
Listed for Sale
Sep 4, 2026
$485,000
$499,000
-3% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$499,000
Initial Listing
Sold
Jun 29, 2018
$359,000
Public Record
Sold
Feb 3, 2012
$152,500
Public Record
Sold
Mar 23, 2006
$364,000
Public Record