620 W 8th, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 2 bath
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San Pedro, California 90731
This Value-Add Duplex Asset is listed at $670,000, matching its $670,000 Fair Market Value. Currently in Habitable but Outdated Condition, the property offers significant upside by converting its 900+ sqft units into two-bedroom rentals. Featuring Solar Panels and a 5,000 sqft lot, it is positioned near the Ports O’ Call redevelopment and top-tier schools like Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10). This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on San Pedro’s coastal growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 W 8th Subject | $670,000* List Price | 2 | 2 | 1,836 | $365 | - |
A 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.2 mi |
B 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 0.2 mi |
C 974 W 5th Street Sold | $625,000 | 0 | 0 | 1,648 | $379 | 0.5 mi |
D 1127 W 2nd Sold | $860,000 | 4 | 4 | 1,860 | $462 | 0.7 mi |
E 782 W 14th Street Active | $679,000 List Price | 2 | 2 | 1,664 | $408 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this duplex maintains its original character but is significantly outdated. While the addition of solar panels is a modern upgrade, the kitchens and bathrooms feature older cabinetry, tile work, and appliances consistent with mid-century updates rather than a recent renovation. The property appears well-maintained and habitable but requires cosmetic and system modernization to meet current market standards.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
With each unit spanning over 900 sqft, there is significant potential to convert the existing layouts into two-bedroom units, substantially increasing the rental yield and market value.
The property is ideally positioned near the major Ports O’ Call Village redevelopment and the San Pedro waterfront, offering excellent prospects for long-term capital appreciation.
Dating back to 1928, the property may require significant capital expenditure for updates to plumbing, electrical, or structural systems typical of homes from this era.
The current one-bedroom configuration per unit may restrict the immediate tenant pool to individuals or couples, excluding larger families until renovations are performed.
Buyer coulnd't perform, not fault to seller, Welcome W. 8th Street, a charming San Pedro DUPLEX property ideally located in one of the area’s most established neighborhoods. This inviting property offers a wonderful blend of classic character and everyday comfort, just minutes from the waterfront, Ports O’ Call Village redevelopment, local parks, shopping, and dining. Each unit is about 900+ sqft 1 bedroom 1 bathroom, living room and dinning room! featuring a thoughtfully designed layout with abundant natural light, creating a warm and welcoming atmosphere throughout. Generous living spaces make it perfect for both relaxing and entertaining, while the kitchen provides ample cabinetry and functionality for daily living. Each unit has the space and potential to add another bedroom. Equipped with solar panels this property has a lot to offer. Outdoor areas offer great potential for gardening, entertaining, or simply enjoying the coastal breeze. Whether you’re a first-time buyer, investor, or someone looking to put down roots in the South Bay, this property presents an excellent opportunity to own in the heart of San Pedro. 2 gates to access backyard and plenty of space to park cars. Convenient access to major freeways, the Port of Los Angeles, and nearby beaches makes this a standout location with long-term value. Come and see this in person to appreciate what this home has to offer.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 76% |
| Baths | 2.0 | 0.0 | 76% |
| Square foot | 1,836 | 2,258.5 | 35% |
| Lot Size | 5,000 | 5,001.5 | 41% |
| Price | $670.0K | $985.0K | 9% |
| Price per sq ft | $365 | $462 | 28% |
| Built year | 1928 | 1928 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 210 | 13% |
Apr 8, 2026
$670,000
$725,000
-8% Price Drop
Initial Listing
Jan 15, 2026
$725,000
Initial Listing
May 29, 1996
$105,000
Public Record