662 W 31st, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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This Dual-Residence Coastal Property is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,477,230 Fair Market Value by 1.9%. This valuation gap offers $28,230 in Instant Equity. Featuring a 2018-built rear residence and a refreshed 1922 front home with a paid solar system, the property maintains a Condition Rating of 2. With maritime views and oversized 5-car garage capacity, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 662 W 31st Subject | $1,449,000* List Price | 0 | 0 | 3,060 | $477 | - |
A 743 W 27th Sold | $1,200,000 | 3 | 3 | 2,366 | $507 | 0.2 mi |
B 752 W 23rd Sold | $1,204,102 | 3 | 2 | 2,458 | $490 | 0.5 mi |
C 1761 S Crescent Avenue Sold | $1,060,000 | 4 | 3 | 1,872 | $566 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a large 2,028 sq. ft. rear residence completed in 2018, which is less than 10 years old. While the front house dates back to 1922, it was extensively upgraded in the 90s and recently refreshed with new paint, fixtures, and a paid solar system. The majority of the living space is modern construction, and the entire property is marketed as move-in ready.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features two distinct homes, including a modern 2018-built rear residence, offering exceptional versatility for multi-generational living or high-yield rental income.
A rare find for the area, the property includes a massive 4-car detached garage plus an additional 1-car garage, providing ample space for vehicles, workshops, or storage.
The front residence dates back to 1922; despite recent refreshes, its age may require more frequent maintenance and structural oversight than the newer rear unit.
Local school assignments feature a wide range of performance ratings, with some nearby elementary options scoring as low as a 2, which may concern education-focused buyers.
Great opportunity to own a truly unique coastal property and an outstanding investment opportunity. This exceptional home must be seen in person to fully appreciate all it has to offer. This exceptional and spacious property offers approximately 3,060 sq. ft. of living space, thoughtfully designed for both comfortable living and outstanding investment potential. The residence features a beautifully constructed two-story rear home completed in April 2018, offering approximately 2,028 sq. ft., while the front residence, approximately 1,032 sq. ft., is the original home that was extensively upgraded in the 1990s and has been recently refreshed with numerous improvements, including fresh interior paint, new ceiling fans, updated light fixtures, and new vertical blinds. The front house includes a fully paid solar system. Enjoy refreshing harbor breezes and maritime views from the upper deck of the rear residence as well as from the charming front porch of the front home. This move-in-ready property combines newer construction, timeless character, and flexible living arrangements — making it ideal for multi-generational living, rental income potential, or owner-occupancy with additional income opportunities. Additional highlights include an oversized detached 4-car garage with convenient alley access, plus an additional 1-car garage with direct access into the front home’s kitchen. With its unique layout, generous parking, coastal atmosphere, and strong versatility, this rare property presents an outstanding opportunity for both homeowners and investors alike. A truly special property you do not want to miss!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,060 | 1,475 |
| Lot Size | 5,007 | 5,172 |
| Price | $1.45M | $1.01M |
| Price per sq ft | $474 | $609 |
| Built year | 1922 | 1961 |
| HOA | $0 | $333 |
| Days on market | 42 | 52 |
Jun 10, 2026
$1,449,000
Initial Listing
Apr 1, 2013
$504,000
Public Record