510 Bellmarin Drive, San Pedro, California 90731, San Pedro, 90731 - 4 bed, 2 bath

510 Bellmarin Drive, San Pedro, California 90731 home-pic-0

510 Bellmarin Drive

San Pedro, California 90731

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,742Sq Ft
10,270Lot Size

Property Price

LIST PRICE$1,249,000
EST. MARKET VALUE
$1,441,203
13% BelowMARKET VALUE

SUMMARY

Analysis of 510 Bellmarin Drive, San Pedro, California 90731 reveals a Prime Investment Opportunity with a current list price of $1,249,000—significantly undercutting the $1,441,203 Fair Market Value by 13%. This valuation gap indicates a +$192,203 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,441,203 +$192,203 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
510 Bellmarin Drive
Subject
$1,249,000*
List Price
422,742$526-
A
1174 W 6th Street
Sold
$1,060,000431,872$5660.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1951, the property has undergone an extensive recent renovation that meets the highest quality standards. Key upgrades include a completely remodeled kitchen with Calacatta quartz and smart stainless steel appliances, fully updated bathrooms, new dusk cherry flooring, and the installation of four mini-split heating/cooling units. With additional improvements like a new water heater, upgraded electrical panel, and fresh interior/exterior paint, the home is in like-new condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).

  • Exceptional Views and Privacy

    Situated on a quiet cul-de-sac, this hillside retreat offers breathtaking panoramic ocean and harbor views, complemented by a private 365 sq ft deck and a secluded botanical garden setting.

  • Comprehensive Modern Upgrades

    The property features extensive high-end renovations, including a remodeled kitchen with Calacatta quartz, brand-new smart appliances, updated bathrooms, and four new mini-split heating and cooling units.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2742, other record living area = 2441. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Limited Bathroom Count

    Despite having four bedrooms and a bonus room, the home only offers two bathrooms, which may be a logistical constraint for larger families or guests.

  • Electrical Service Capacity

    The electrical panel is noted as 100-amp; while upgraded, this may be considered low for a nearly 2,800 sq ft home powered by multiple mini-split units and modern high-draw appliances.

About 510 Bellmarin Drive

Breathtaking ocean and harbor views set the tone for this private hillside retreat, tucked away on a quiet cul-de-sac in one of San Pedro’s most peaceful settings. Step inside to soaring vaulted ceilings, abundant natural light, and an open-concept layout designed for connection. The main living room flows into the kitchen, where a central island anchors the space — perfect for everyday living and entertaining. The home features two separate living rooms, including a downstairs living area with a vintage wood-burning cast iron fireplace, offering warmth and flexibility for gatherings or quiet evenings in. The remodeled kitchen showcases epoxy-coated wood and Calacatta quartz countertops, brand-new stainless steel appliances including a smart refrigerator, and modern finishes throughout. With four bedrooms plus a versatile bonus room, the layout easily adapts to a home office, gym, guest space, or creative studio. Outside, a 365 sq ft deck captures ocean breezes and unforgettable sunrises. The expansive 10,270 sq ft lot feels like a private botanical garden with mature eucalyptus, bamboo, and citrus trees, lush landscaping, a walking trail, and full perimeter fencing for added privacy. Extensive upgrades include brand-new appliances and washer/dryer, dusk cherry flooring, remodeled bathrooms, fresh interior and exterior paint, new sliding patio doors, updated trim with walnut hardwood details, new water heater and water softener, upgraded 100-amp electrical panel, irrigation system with Rain Bird control, landscape lighting transformer, new driveway, motorized gate, retaining wall, home security system, and four mini-split heating and cooling units. Located minutes from the waterfront, the Port of Los Angeles, Sprouts, Starbucks, and easy access to the 110 freeway, this home offers the ideal balance of privacy, views, and convenience. More than a home — it’s a front-row seat to the Pacific.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1951
Lot Size
10,270 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Pedro Unified Schools

Cabrillo Avenue Elementary School

Grades K-5 • 0.4 mi

3/10

Bandini Street Elementary School

Grades K-6 • 0.5 mi

5/10

Seventh Street Elementary School

Grades K-5 • 0.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
74%
Baths2.02.0
50%
Square foot2,7421,425
95%
Lot Size10,2705,001
99%
Price$1.25M$850.0K
86%
Price per sq ft$456$639
16%
Built year19511937
64%
HOA$0$0
50%
Days on market3191
1%

Pricing History

Listed for Sale

Mar 3, 2026

$1,249,000

Initial Listing

Sold

Mar 26, 2020

$770,000

Public Record

Sold

Jan 8, 1998

$209,000

Public Record

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