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

510 Bellmarin Drive
San Pedro, California 90731
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 Bellmarin Drive Subject | $1,249,000* List Price | 4 | 2 | 2,742 | $526 | - |
A 1174 W 6th Street Sold | $1,060,000 | 4 | 3 | 1,872 | $566 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Bandini Street Elementary School
Grades K-6 • 0.5 mi
Seventh Street Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,742 | 1,425 | 95% |
| Lot Size | 10,270 | 5,001 | 99% |
| Price | $1.25M | $850.0K | 86% |
| Price per sq ft | $456 | $639 | 16% |
| Built year | 1951 | 1937 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 191 | 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














































