
San Pedro, California 90731
This Single Family Residence is a Strong Value Opportunity, listed at $869,000—positioned well below the $862,900 Fair Market Value (Note: Market adjustment reflects competitive pricing). The property is in Good Condition, featuring updated bathrooms and a Double-Size Lot with significant ADU Development Potential. Located in the Point Fermin neighborhood near Top-Rated Schools like Taper Avenue Elementary, it offers a rare blend of Ocean Views and functional assets like a private driveway. This is an ideal acquisition for Owner-Occupants seeking lifestyle value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 661 W 26th Subject | $869,000* List Price | 3 | 2 | 1,184 | $729 | - |
A 1181 W 25th Sold | $849,000 | 3 | 1 | 984 | $863 | 0.7 mi |
B 3186 S Leland Sold | $905,000 | 3 | 2 | 1,093 | $828 | 0.6 mi |
C 1725 S Centre Street Sold | $722,000 | 2 | 1 | 988 | $731 | 0.7 mi |
D 458 W 15th Street W Active | $849,000 List Price | 3 | 2 | 1,128 | $753 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1923, it has undergone significant updates that make it move-in ready. The bathrooms feature modern renovations with contemporary tiling and glass enclosures, and the interior has been refreshed with neutral paint and refinished hardwood floors. The exterior shows well-maintained siding and newer windows, though the 100-year-old age and unfinished basement suggest it falls into the 'Good' category rather than 'Excellent'.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Perched in the sought-after Point Fermin neighborhood, the home features expansive picture windows offering stunning views of the Pacific Ocean and harbor.
The rare double-sized lot provides a spacious backyard with significant potential to build an additional dwelling unit (ADU) or casita, increasing future property value.
Originally built in 1923, the home may require modernization of older systems and structural elements to meet contemporary efficiency and building standards.
With three bedrooms and two baths fitted into approximately 1,184 square feet, the living spaces may feel constrained for buyers prioritizing large, open-concept interiors.
3BR home on a Double-Size Lot with Ocean Views!!! Perched above the coastline in San Pedro's coveted Point Fermin neighborhood, this charming residence offers a lifestyle that captures the very best of Southern California coastal living. The home features a thoughtfully designed, spacious single-level floor plan of nearly 1200 sq ft., on a ~5400 sq ft.lot, with expansive picture windows that frame views of the Pacific Ocean, harbor, and surrounding hillside landscape. The bright living room serves as the heart of the home, where sunlight pours in throughout the day and ocean vistas create a beautiful backdrop for everyday living. The layout includes well-proportioned bedrooms, updated full bathrooms, and a very large eat-in kitchen ( with Ocean Views!), loads of storage, abundant counter space, and room to gather. A charming wood-beamed primary bedroom adds warmth and character, while fresh, neutral interiors provide an inviting canvas ready for personalization. One of this home's most valuable recent improvements Is the newly-completed private driveway, offering direct access to a backyard parking pad, creating exceptional convenience, and enhanced privacy. The double lot offers opportunities to enjoy a large backyard or build an additional dwelling space or casita. There is also a large, unfinished storage basement; a rare feature in SoCal. Located just moments from Point Fermin Park, Cabrillo Beach, the marina, waterfront dining, scenic walking trails, and the historic Point Fermin Lighthouse, this home offers a unique opportunity to enjoy one of Los Angeles' best-kept coastal secrets. Residents cherish the area's relaxed pace, dramatic oceanfront parks, cultural attractions, and easy access to both nature and city conveniences. Whether you're enjoying morning coffee while taking in the ocean views, exploring the coastline, or watching spectacular Fourth of July fireworks displays over the harbor, this home offers an exceptional opportunity to embrace the quintessential Point Fermin lifestyle.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,216 | 50% |
| Lot Size | 5,407 | 4,998.5 | 69% |
| Price | $869.0K | $795.0K | 61% |
| Price per sq ft | $734 | $637 | 73% |
| Built year | 1923 | 1933 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 135 | 6% |
May 29, 2026
$869,000
Initial Listing
May 30, 2018
$530,000
Public Record