
San Pedro, California 90731
This fourplex represents a High-Potential Investment Opportunity, listed at $1,500,000—positioned above the $1,444,888 Fair Market Value. Despite the premium, the property offers significant utility with an Exceptional Parking Ratio of 9 spaces and a Condition Rating of 3, featuring modern bathroom renovations. With one unit delivered vacant and month-to-month leases, it provides immediate flexibility for Buy-and-Hold Investors or Owner-Occupants looking to house-hack near the West Harbor redevelopment. This asset is ideal for those prioritizing rental demand and long-term appreciation in a growing coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 W 15th Subject 0 bd · 0 ba · 4,144 sqft · $356 | $1,500,000* List Price | 0 | 0 | 4,144 | $356 | - |
A 665 W 21st Sold 0 bd · 0 ba · 4,438 sqft · $282 · 0.4 mi | $1,250,000 | 0 | 0 | 4,438 | $282 | 0.4 mi |
B 464 W 17th St Sold 0 bd · 0 ba · 3,224 sqft · $350 · 0.1 mi | $1,130,000 | 0 | 0 | 3,224 | $350 | 0.1 mi |
C 719 Oro Sold 0 bd · 0 ba · 4,058 sqft · $400 · 0.9 mi | $1,625,000 | 0 | 0 | 4,058 | $400 | 0.9 mi |
D 945 W 26th Sold 0 bd · 0 ba · 4,814 sqft · $263 · 0.9 mi | $1,268,000 | 0 | 0 | 4,814 | $263 | 0.9 mi |
E 221 W 10th Street Sold 0 bd · 0 ba · 3,730 sqft · $298 · 0.5 mi | $1,110,000 | 0 | 0 | 3,730 | $298 | 0.5 mi |
F 1136 W 10th Sold 0 bd · 0 ba · 3,065 sqft · $424 · 0.8 mi | $1,300,000 | 0 | 0 | 3,065 | $424 | 0.8 mi |
G 841 W 25th Street Sold 0 bd · 0 ba · 3,603 sqft · $333 · 0.7 mi | $1,200,000 | 0 | 0 | 3,603 | $333 | 0.7 mi |
H 740 W. 21st Active 0 bd · 0 ba · 3,702 sqft · $338 · 0.4 mi | $1,250,000 List Price | 0 | 0 | 3,702 | $338 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1981, the property shows evidence of recent high-quality renovations, specifically in the bathrooms which feature modern subway tiling, quartz countertops, and updated fixtures. The building is well-maintained with a functional layout and updated flooring, making it move-in ready despite the 40+ year age of the primary structure and systems.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features a total of 9 parking spaces (5 carports and 4 uncovered) for just 4 units, a rare and highly desirable asset in the high-density San Pedro rental market.
With one unit delivered vacant and the remaining units on month-to-month agreements, an investor has the immediate flexibility to renovate and capture market-rate rents or occupy a unit as an owner-user.
The property has been on the market for 120 days, which may lead to buyer perception of overpricing or underlying issues, potentially weakening the seller's negotiating position.
Several nearby schools, such as Cabrillo Avenue Elementary and Richard Henry Dana Middle, carry lower ratings (3-4), which may deter families and impact long-term tenant stability.
Positioned in the heart of Central San Pedro, this well-located fourplex offers a rare combination of very spacious units and solid rental income. The property features four 2-bedroom, 1-bath units, each with its own private balcony, and one unit will be delivered vacant, providing immediate flexibility for an owner-user or the opportunity to capture market rents. The building offers a low-maintenance setup. Three of the units include in-unit laundry, adding everyday convenience, while the fourth has access to laundry options. On-site parking is a standout feature with 5 carport spaces and 4 additional uncovered spots. All units are currently on month-to-month agreements while the unit sizes and functional layouts support long-term tenancy and consistent occupancy. Located just minutes from the Port of Los Angeles and near the highly anticipated West Harbor redevelopment, the property is positioned within an area experiencing continued growth and investment. With new dining, retail, and entertainment on the horizon, this location offers both immediate rental demand and long-term upside potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.3 |
| Square foot | 4,144 | 2,591.526 |
| Lot Size | 6,761 | 5,309.842 |
| Price | $1.50M | $912.4K |
| Price per sq ft | $362 | $383 |
| Built year | 1981 | 1953 |
| HOA | $0 | $0 |
| Days on market | 199 | 78 |
Apr 9, 2026
$1,500,000
Initial Listing
Aug 16, 2019
$1,020,000
Public Record
May 21, 2013
$688,000
Public Record
Mar 26, 2012
$400,000
Public Record
Jun 1, 2007
$760,000
Public Record
Dec 20, 1996
$220,000
Public Record