483 W 14th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
ACTIVE$700,000
483 W 14th Street, San Pedro, California 90731
0Bed
0Bath
3,766Sqft
4,805Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Requires Significant Investment (TLC): The description explicitly states 'a bit of TLC could become a well-generating income property,' indicating the property is not turn-key and will require substantial renovation or repair costs.
Compared to the nearby listings
Price:$700.0K vs avg $1.06M ($-364,500)7%
Size:3,766 sqft vs avg 2,387.5 sqft74%
Price/sqft:$186 vs avg $4195%
More Insights
Built in 1951 (74 years old).
Condition: Built in 1951, this property is over 70 years old and the listing description explicitly states it requires 'a bit of TLC' to become an income-generating property, indicating substantial repairs and rehabilitation are needed. The exterior images show significant deferred maintenance, including weathered paint, exposed wiring, old security bars, and general neglect. The absence of any interior photos, particularly of the kitchen and bathrooms, strongly suggests these key areas are in very outdated or poor condition, likely requiring complete renovation. Major systems (electrical, plumbing, HVAC) are almost certainly at the end of their lifespan and would need extensive upgrades.
Year Built
1951
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$186
HOA
-
Days on market
-
Sold On
-
MLS number
SB25127175
Home ConditionPoor
Features
View-
About this home
A multi-unit building with a bit of TLC could become a well-generating income property. Good Location, and plenty of stores surrounding.
Nearby schools
5/10
Fifteenth Street Elementary School
Public,•K-5•0.1mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.6mi
5/10
Leland Street Elementary School
Public,•K-6•0.9mi
2/10
Barton Hill Elementary School
Public,•K-6•1.1mi
5/10
Bandini Street Elementary School
Public,•K-6•1.2mi
4/10
Seventh Street Elementary School
Public,•K-5•1.5mi
7/10
White Point Elementary School
Public,•K-6•1.6mi
9/10
Park Western Place Elementary School
Public,•K-5•1.8mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.9mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.1mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.2mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.8mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•3.1mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•4.2mi
6/10
Harbor City Elementary School
Public,•K-5•4.4mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.4mi
8/10
Miraleste Intermediate School
Public,•6-8•2.6mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.9mi
6/10
Alexander Fleming Middle School
Public,•6-8•4.5mi
4/10
Hudson K-8
Public,•K-8•6.1mi
6/10
San Pedro Senior High School
Public,•9-12•0.7mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.6mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•5.2mi
3/10
Cabrillo High School
Public,•9-12•6.0mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.0mi
8/10
Palos Verdes High School
Public,•9-12•8.3mi
Price History
Date
Event
Price
03/23/00
Sold
$238,000
05/19/05
Sold
$740,000
Condition Rating
Poor
Built in 1951, this property is over 70 years old and the listing description explicitly states it requires 'a bit of TLC' to become an income-generating property, indicating substantial repairs and rehabilitation are needed. The exterior images show significant deferred maintenance, including weathered paint, exposed wiring, old security bars, and general neglect. The absence of any interior photos, particularly of the kitchen and bathrooms, strongly suggests these key areas are in very outdated or poor condition, likely requiring complete renovation. Major systems (electrical, plumbing, HVAC) are almost certainly at the end of their lifespan and would need extensive upgrades.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Income Generating Potential: As a multi-unit building (triplex), the property is explicitly described as having the potential to become a 'well-generating income property,' offering multiple rental streams.
Prime Location: The property boasts a 'Good Location' with 'plenty of stores surrounding,' indicating high convenience and desirability for tenants and owners alike.
Multi-Unit Configuration: Being a triplex provides diversified income potential and typically higher rental yields compared to single-family homes, appealing to investors.
Proximity to Amenities and Schools: The property is conveniently located near various stores and several schools, including a highly-rated elementary school (Taper Avenue Elementary, rating 9) and San Pedro Senior High School within walking distance (0.66 miles).
Adequate Lot Size: With a 4805 sqft lot, there is sufficient space for a multi-unit property, potentially allowing for outdoor amenities or future development opportunities (subject to zoning).
Cons
Requires Significant Investment (TLC): The description explicitly states 'a bit of TLC could become a well-generating income property,' indicating the property is not turn-key and will require substantial renovation or repair costs.
Property Age: Built in 1951, the property is over 70 years old, suggesting potential for outdated systems (electrical, plumbing, HVAC) and general wear and tear, which could lead to higher maintenance and upgrade expenses.
Vague Condition Description: The term 'a bit of TLC' is subjective and lacks specific details about the extent of repairs needed, which could deter some buyers or lead to unexpected costs post-purchase without a thorough inspection.