440 W 22nd Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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440 W 22nd Street
San Pedro, California 90731
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,692Sq Ft
5,121Lot Size
Property Price
LIST PRICE$859,900
EST. MARKET VALUE
$742,709
15% AboveMARKET VALUE
SUMMARY
This Point Fermin duplex represents a High-Potential Investment Opportunity, listed at $859,900—positioned well above the $739,032 Fair Market Value by -16%. Featuring a Condition Rating of 5, this property requires a full interior rehab, offering significant upside for forced appreciation. The Development Potential of the detached garage and Fully Vacant Delivery provide flexibility for maximizing rental income. Located near the West Harbor Waterfront, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a coastal neighborhood.
Estimated Market Value
$742,709
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 |
|---|---|---|---|---|---|---|
★ 440 W 22nd Street Subject | $859,900* List Price | 0 | 0 | 1,692 | $439 | - |
A 782 W 14th Street Sold | $665,000 | 0 | 0 | 1,664 | $400 | 0.7 mi |
B 782 W 14th Street Sold | $665,000 | 2 | 2 | 1,664 | $400 | 0.7 mi |
C 1625 S Mesa Sold | $850,000 | 0 | 0 | 1,991 | $427 | 0.3 mi |
D 624 W 26th Active Under Contract | $749,000 List Price | 0 | 0 | 1,854 | $404 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922 with no evidence of recent renovations. Kitchens and bathrooms feature highly outdated tiling, cabinetry, and fixtures likely exceeding 30-50 years in age. The property requires a full interior rehab and likely significant system updates to be move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Development Potential
The detached garage with alley access presents a significant opportunity to add a third unit, allowing for increased density and maximized rental income on a 5,121 sqft lot.
- Strategic Coastal Location
Located in the desirable Point Fermin neighborhood, the property is minutes from the $500 million West Harbor Waterfront Development, ensuring strong long-term appreciation and tenant demand.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1922, the property likely requires significant capital expenditure for modernizing systems and structural elements common in century-old buildings.
- Inconsistent School Ratings
While the area features some high-performing schools, several immediate local options have lower ratings, which may limit the appeal for families prioritizing education.
About 440 W 22nd Street
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!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,121 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Fifteenth Street Elementary School
Grades K-5 • 0.4 mi
5/10
Leland Street Elementary School
Grades K-6 • 0.8 mi
5/10
Cabrillo Avenue Elementary School
Grades K-5 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.3 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,692 | 2,854.929 |
| Lot Size | 5,121 | 5,420.5 |
| Price | $859.9K | $949.9K |
| Price per sq ft | $508 | $400 |
| Built year | 1922 | 1955 |
| HOA | $0 | $0 |
| Days on market | 34 | 76 |
Pricing History
Listed for Sale
Aug 6, 2026
$859,900
Initial Listing
Sold
Dec 17, 2020
$660,000
Public Record
Sold
May 27, 2016
$438,500
Public Record
Sold
Dec 30, 2005
$588,000
Public Record