719 Oro Terrace, San Pedro, California 90731, San Pedro, 90731 - bed, bath

719 Oro Terrace, San Pedro, California 90731 home-pic-0
ACTIVE$1,999,000$4,058/sqft
719 Oro Terrace, San Pedro, California 90731
0Bed
0Bath
4,058Sqft
6,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Property Age: Built in 1960, the property's age may suggest older underlying infrastructure in un-remodeled sections, potentially leading to future maintenance or capital expenditure requirements.

Compared to the nearby listings

Price:$2.00M vs avg $1.05M (+$949,000)98%
Size:4,058 sqft vs avg 2,371 sqft80%
Price/sqft:$493 vs avg $42259%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, the MLS description explicitly states that 'Units 1 and 2 have been totally remodeled' and 'The front unit is also totally upgraded,' including central air/heat and double-pane windows. The provided images strongly support this, showcasing modern kitchens with high-end appliances (like the Viking range in one unit, and a sleek gas cooktop with a modern hood in another), contemporary white shaker-style cabinets, quartz/granite countertops, and stylish backsplashes. The bathrooms are also fully updated with modern vanities, fixtures, and subway tiling. Flooring throughout the units appears to be new hardwood or luxury vinyl plank, and lighting consists of modern recessed fixtures. The overall aesthetic and condition of the renovated units are virtually new, meeting current quality standards with no visible deferred maintenance.
Year Built
1960
Close
-
List price
$2M
Original List price
$225K
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
SB25046668
Home ConditionExcellent
Features
Good View: City Lights, Harbor
Deck
Patio
ViewCity Lights,Harbor

About this home

HUGE PRICE REDUCTION on this Fabulous quadruplex in prime Vista Del Oro Section of San Pedro. A GREAT opportunity for owner occupied or investor. This property offers City and Harbor Views from all four units. 2 of the units will be delivered vacant at the close of escrow. The building has double pane vinyl windows, 4 single garages and laundry hookups!. Units 1 and 2 have been totally remodeled and have central air conditioning. The rear unit has a private rear yard and patio area. Unit 2 is total remodel plus it has a private view deck, central heat and air. The front unit is also totally upgraded and has central air and heat and tile flooring. Unit # 1 and # 4 will be delivered vacant at the close of escrow, providing either owner occupancy or market rents!. Lots of potential with these four units on a great street. This property is ideal for owner occupied or 2 partners or family members to purchase and occupy.

S
Salvatore Sorrentino
Listing Agent

Nearby schools

3/10
Cabrillo Avenue Elementary School
Public,K-50.4mi
4/10
Seventh Street Elementary School
Public,K-50.5mi
5/10
Bandini Street Elementary School
Public,K-60.6mi
5/10
Leland Street Elementary School
Public,K-60.9mi
2/10
Barton Hill Elementary School
Public,K-61.0mi
5/10
Crestwood Street Elementary School
Public,K-61.0mi
5/10
Fifteenth Street Elementary School
Public,K-51.1mi
9/10
Park Western Place Elementary School
Public,K-51.1mi
7/10
White Point Elementary School
Public,K-61.5mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,K-51.6mi
9/10
Taper Avenue Elementary School
Public,K-51.7mi
8/10
Mira Catalina Elementary School
Public,K-51.8mi
4/10
Hawaiian Avenue Elementary School
Public,K-53.0mi
6/10
Eshelman Avenue Elementary School
Public,K-53.5mi
6/10
Harbor City Elementary School
Public,K-53.9mi
4/10
Richard Henry Dana Middle School
Public,6-80.6mi
8/10
Miraleste Intermediate School
Public,6-81.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-82.1mi
6/10
Alexander Fleming Middle School
Public,6-83.9mi
4/10
Hudson K-8
Public,K-86.4mi
6/10
San Pedro Senior High School
Public,9-120.5mi
5/10
Phineas Banning Senior High School
Public,9-124.6mi
5/10
Nathaniel Narbonne Senior High School
Public,9-124.6mi
10/10
Palos Verdes Peninsula High School
Public,9-125.1mi
3/10
Cabrillo High School
Public,9-126.3mi
8/10
Palos Verdes High School
Public,9-127.4mi
Condition Rating
Excellent

Despite being built in 1960, the MLS description explicitly states that 'Units 1 and 2 have been totally remodeled' and 'The front unit is also totally upgraded,' including central air/heat and double-pane windows. The provided images strongly support this, showcasing modern kitchens with high-end appliances (like the Viking range in one unit, and a sleek gas cooktop with a modern hood in another), contemporary white shaker-style cabinets, quartz/granite countertops, and stylish backsplashes. The bathrooms are also fully updated with modern vanities, fixtures, and subway tiling. Flooring throughout the units appears to be new hardwood or luxury vinyl plank, and lighting consists of modern recessed fixtures. The overall aesthetic and condition of the renovated units are virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Significant Income Potential: As a quadruplex, this property offers substantial income generation, with two units delivered vacant at close of escrow, providing immediate owner-occupancy or market-rate rental opportunities.
Prime Location & Views: Located in the desirable Vista Del Oro section of San Pedro, the property boasts appealing city and harbor views from all four units, enhancing its market value and tenant desirability.
Extensive Recent Upgrades: Multiple units (Units 1, 2, and the front unit) have undergone total remodels and upgrades, including central air conditioning, central heat, and double-pane vinyl windows, reducing immediate renovation needs.
Desirable Unit Amenities: The property includes valuable amenities such as a private rear yard and patio area for one unit, a private view deck for another, four single garages, and laundry hookups, adding convenience and appeal.
Recent Price Reduction: A 'HUGE PRICE REDUCTION' indicates a potentially more attractive investment opportunity and increased value proposition for prospective buyers.

Cons

Property Age: Built in 1960, the property's age may suggest older underlying infrastructure in un-remodeled sections, potentially leading to future maintenance or capital expenditure requirements.
Inconsistent Unit Modernization: While several units are remodeled, the description does not explicitly confirm all four units are fully updated to the same standard, which could result in varying tenant experiences or future renovation costs for less modernized units.
Management Complexity: As a quadruplex, the property inherently requires more intensive property management and maintenance compared to single-family residences, which could be a significant consideration for owner-occupants or new investors.
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