
San Pedro, California 90732
This Condominium represents a Strong Value Opportunity, listed at a List Price of $439,000—positioned well below the $442,572 Fair Market Value by 0.8%. This valuation gap offers $3,572 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a functional layout with significant potential for cosmetic modernization. Residents enjoy resort-style amenities, including pools and 24h security. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the San Pedro market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 388 S Miraleste 474 Subject | $439,000* List Price | 2 | 3 | 1,107 | $400 | - |
A 378 S Miraleste Drive 426 Sold | $431,000 | 3 | 3 | 1,143 | $377 | 0.0 mi |
B 320 Miraleste Drive 163 Sold | $435,000 | 2 | 3 | 1,107 | $393 | 0.2 mi |
C 313-352 S Miraleste 313 Sold | $515,000 | 2 | 3 | 1,107 | $465 | 0.1 mi |
D 366 S Miraleste Drive 375 Sold | $460,000 | 3 | 2 | 1,272 | $362 | 0.0 mi |
E 360 S Miraleste 341 Sold | $428,000 | 2 | 2 | 1,143 | $374 | 0.1 mi |
F 340 Miraleste Drive 275 Sold | $440,750 | 2 | 3 | 1,107 | $398 | 0.1 mi |
G 106 N Western Avenue 104 Sold | $475,000 | 2 | 2 | 1,040 | $457 | 0.4 mi |
H 370 S Miraleste 389 Sold | $450,000 | 3 | 2 | 1,272 | $354 | 0.1 mi |
I 378 S Miraleste Dr Unit 431 Active | $499,000 List Price | 2 | 2 | 1,143 | $437 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this condo is well-maintained but shows significant dating. The bathroom features a basic vanity update likely 15-20 years old, while the presence of wall-mounted AC units suggests a lack of modern central HVAC. The interior finishes, including the tile flooring and wood banisters, are functional but dated, aligning with the 'potential to create the home of your dreams' description.
Located in the gated Miraleste Canyon Estates, residents benefit from 24-hour on-site security, multiple swimming pools, and a hot tub, providing a resort-like atmosphere and enhanced peace of mind.
At a list price of $439,000, this property offers an accessible entry point into the Southern California real estate market, making it an attractive option for first-time homebuyers or investors.
The 1,107-square-foot floor plan is generously sized for a two-bedroom condo, featuring a bright, functional layout that provides ample room for both relaxation and entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =324746, other record lot size in square feet = 324695.
The monthly HOA fee of $690 is significant and may impact a buyer's overall monthly affordability and debt-to-income ratio.
Built in 1971 and noted for its 'potential,' the unit likely requires cosmetic updates or renovations to meet modern aesthetic standards and maximize its market value.
Welcome to a charming 2-bedroom, 2-bathroom condo located in Miraleste Canyon Estates community of San Pedro. Spanning 1,107 square feet, this well maintained condo, offers a comfortable and functional living space perfect for relaxation and entertaining. Step inside to find a bright and inviting layout, with plenty of potential to create the home of your dreams. The living and dining areas provide ample room to host and unwind, while the bedrooms offer cozy retreats, one with convenient direct access to the bathrooms. Residents of this peaceful gated community enjoy exceptional amenities, including several communal pools and hot tub, perfect for soaking up the Southern California sunshine or unwinding after a long day. For added peace of mind, the property features an on-site 24h security gate and professional security staff who are dedicated to keeping the community safe and secure. Enjoy a low-maintenance lifestyle with access to lush landscaping, enjoyable amenities, and the convenience of minimal upkeep—all while being ideally situated to take advantage of nearby shopping, dining, and entertainment options. With its combination of space, comfort, and fantastic community features, this condo at 388 Miraleste Dr offers an excellent opportunity to embrace Southern California living at its finest. Schedule your private tour today and make this property yours!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,107 | 1,218.923 |
| Lot Size | 324,746 | 95,883 |
| Price | $439.0K | $548.7K |
| Price per sq ft | $397 | $483 |
| Built year | 1971 | 1980 |
| HOA | $690.0 | $632 |
| Days on market | 8 | 67 |
Sep 1, 2026
$439,000
Initial Listing
Jan 31, 2020
$360,000
Public Record
Jul 27, 2006
$367,000
Public Record
Oct 4, 1993
$123,000
Public Record