706 W 29th, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
706 W 29th
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 706 W 29th, San Pedro, California 90731 is currently available with a list price of $5,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1958, features a kitchen with dated tile countertops and older white appliances, indicating a renovation approximately 20-30 years ago. While the cabinets are traditional and appear clean, and the hardwood floors are in good condition, the overall aesthetic of the kitchen is outdated. No bathroom images were provided, but it's likely to be similarly dated. The home appears maintained and functional but requires minor to moderate updates in key areas like the kitchen and bathroom to align with current styles and features.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Unobstructed Panoramic Views
The property offers breathtaking, unobstructed views of the harbor, marina, Los Angeles port, lighthouse, and jetty from its private bluff, providing daily panoramic vistas.
- Unique & Private Location
Perched on a private bluff in Point Fermin, this is a truly unique property offering exclusivity and a distinct living environment.
CONSRISKS & DEFICIENCIES
- Premium Price Point
The list price of $5,000,000 is exceptionally high for the property's 914 sqft, 2 bedrooms, and 1 bathroom, potentially limiting the buyer pool significantly.
- Limited Interior Space
With only 914 square feet, the interior living space is relatively small, which may not meet the needs or expectations of all buyers, especially at this price point.
- Age of Construction
Built in 1958, the property's age may imply potential for older systems (e.g., electrical, plumbing) or a need for further modernization beyond the kitchen, which could incur additional costs.
About 706 W 29th
Discover the stunning Lighthouse of Point Fermin, a truly unique property perched on a private bluff in San Pedro. This exceptional home offers breathtaking, unobstructed views of the harbor, marina, Los Angeles port, lighthouse, and jetty from your own patio—an ideal setting for relaxing or working from home. Inside, you'll find two spacious bedrooms, a distinctive bathroom, and a beautifully appointed kitchen, all designed to create a one-of-a-kind living experience. This rare opportunity won’t last long, so don’t miss your chance to own this incredible home with daily panoramic vistas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 4,991 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Leland Street Elementary School
Grades K-6 • 0.7 mi
Fifteenth Street Elementary School
Grades K-5 • 0.9 mi
White Point Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 914 | 1,389 | 19% |
| Lot Size | 4,991 | 5,000 | 45% |
| Price | $5.00M | $850.0K | 99% |
| Price per sq ft | $5.5K | $650 | 99% |
| Built year | 1958 | 1937 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 191 | 7% |
Pricing History
Listed for Sale
Dec 18, 2025
$5,000,000
Initial Listing
Sold
Apr 1, 2005
$615,000
Public Record