
San Pedro, California 90731
This Quadruplex Residential Income property is a Strong Value Opportunity, listed at $1,488,000—positioned well above the $1,365,632 Fair Market Value by 8%. While priced at a premium, the property offers significant House Hack potential with the front unit delivered vacant. Featuring panoramic ocean and harbor views, a private patio, and in-unit laundry, the asset maintains a Fair Condition Rating. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage strong rental income in the historic Point Fermin coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 W 36th Street Subject 0 bd · 0 ba · 3,675 sqft · $372 | $1,488,000* List Price | 0 | 0 | 3,675 | $372 | - |
A 841 W 25th Street Sold 0 bd · 0 ba · 3,603 sqft · $333 · 0.8 mi | $1,200,000 | 0 | 0 | 3,603 | $333 | 0.8 mi |
B 1109 W 24th Street Active 0 bd · 0 ba · 3,476 sqft · $302 · 1.0 mi | $1,050,000 List Price | 0 | 0 | 3,476 | $302 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1956 and while well-maintained, the most significant updates (sewer, exterior paint) occurred over 20 years ago (since 2000). Interior photos reveal a dated kitchen with older tile countertops and cabinetry, along with older wall-mounted heating units, placing it in the 'Fair' category as it is functional but requires modern updates.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property generates a strong monthly income of $8,265 and will deliver the front unit vacant, making it ideal for an owner-occupier or immediate market-rate rental optimization.
Situated in the highly desirable Point Fermin neighborhood, the front unit boasts a private patio with stunning panoramic ocean and harbor views.
Built in 1956, the building may require ongoing maintenance and future capital expenditures for aging infrastructure despite recent updates.
The closest assigned public schools, such as Cabrillo Avenue Elementary (rated 3) and Richard Henry Dana Middle (rated 4), have lower performance ratings, which could impact appeal for families.
FRONT UNIT WITH PRIVATE PATIIO AND PANORAMIC OCEAN AND HARBOR VIEWS WILL BE DELIVERED VACANT! Perfect for owner occupied. Fantastic investment opportunity in the heart of historic Point Fermin! This charming four-plex is ideally situated on a quiet, tree-lined residential street just moments from schools, shopping, dining, and major transportation routes. Point Fermin is one of San Pedro’s most desirable neighborhoods, known for its coastal beauty, community feel, and proximity to parks and the Cabrillo beach waterfront. The property is fully occupied, offering strong income flow and low-maintenance. Two one bedroom, one bath. One two bedroom, one bath and one two bedroom, two bathrooms. All in good shape with current monthly income at $8,265. Improvements since 2000 - new sewer line and exterior paining, new permanent wood pergola on deck, new water wise landscaping. All units have hardwood floors. Each unit features convenient in-unit laundry hook-ups, and there are four parking spaces located at the rear of the property. Whether you're a seasoned investor or looking to start your portfolio in a thriving coastal community, this is a must-see!
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 1.2 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.3 |
| Square foot | 3,675 | 2,591.526 |
| Lot Size | 6,402 | 5,309.842 |
| Price | $1.49M | $912.4K |
| Price per sq ft | $405 | $383 |
| Built year | 1956 | 1953 |
| HOA | $0 | $0 |
| Days on market | 38 | 78 |
Sep 17, 2026
$1,488,000
Initial Listing
Jun 1, 2020
$1,399,000
Public Record
Dec 31, 2019
$1,250,000
Public Record