
San Pedro, California 90731
This Point Fermin duplex presents a High-Potential Investment Opportunity with a List Price of $859,900—positioned above the $775,649 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the vacant status and potential for a 3rd unit offer significant upside. Located near the $500M West Harbor development, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on San Pedro’s waterfront revitalization and proximity to top-rated schools like Taper Avenue Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 440 W 22nd Street Subject 0 bd · 0 ba · 1,692 sqft · $425 | $799,900* List Price | 0 | 0 | 1,692 | $425 | - |
A 624 W 26th Sold 0 bd · 0 ba · 1,854 sqft · $378 · 0.3 mi | $700,000 | 0 | 0 | 1,854 | $378 | 0.3 mi |
B 1625 S Mesa Sold 0 bd · 0 ba · 1,991 sqft · $427 · 0.3 mi | $850,000 | 0 | 0 | 1,991 | $427 | 0.3 mi |
C 782 W 14th Street Sold 0 bd · 0 ba · 1,664 sqft · $400 · 0.7 mi | $665,000 | 0 | 0 | 1,664 | $400 | 0.7 mi |
D 782 W 14th Street Sold 2 bd · 2 ba · 1,664 sqft · $400 · 0.7 mi | $665,000 | 2 | 2 | 1,664 | $400 | 0.7 mi |
E 645 W 21st Active 0 bd · 0 ba · 1,584 sqft · $460 · 0.3 mi | $729,000 List Price | 0 | 0 | 1,584 | $460 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this property shows significant age with kitchens and bathrooms that appear to be 30-50 years old and in need of a full rehab. The interiors feature dated tile, old cabinetry, and worn fixtures, while the detached garage and exterior grounds show signs of neglect consistent with a property requiring major updates.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Prime Point Fermin Duplex, Fully Vacant with Excellent Potential! Discover this rare opportunity to own a fully Vacant Duplex in the highly desirable Point Fermin Neighborhood of San Pedro. The Property features 2 Separate Units: a spacious 2 Bedroom, 1 Bath Unit & a 1 Bedroom, 1 Bath Unit, each with its own Laundry Room & dedicated Gas Meter. A detached Garage with Alley Access provides convenient Parking and offers potential for additional development, including a possible 3rd Unit (Buyer to verify all Development possibilities with the City). The Property’s Prime Location is just minutes from Cabrillo Beach, Point Fermin Park, The Coast, 22nd Street Landing, local Breweries, and San Pedro’s exciting Waterfront Revitalization. Enjoy close proximity to the upcoming $500 Million West Harbor Waterfront Development and the new San Pedro Waterfront Amphitheater Project. With both Units delivered Vacant, this Property offers flexibility for an owner occupants, investors, or buyers looking to maximize its rental potential. A unique opportunity in one of San Pedro’s most sought after Coastal Neighborhoods!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.3 |
| Square foot | 1,692 | 2,591.526 |
| Lot Size | 5,121 | 5,309.842 |
| Price | $799.9K | $912.4K |
| Price per sq ft | $473 | $383 |
| Built year | 1922 | 1953 |
| HOA | $0 | $0 |
| Days on market | 80 | 78 |
Oct 13, 2026
$799,900
$859,900
-7% Price Drop
Initial Listing
Aug 6, 2026
$859,900
Initial Listing
Dec 17, 2020
$660,000
Public Record
May 27, 2016
$438,500
Public Record
Dec 30, 2005
$588,000
Public Record