730 W 5th Street, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Panoramic Harbor View Fourplex is a strategic income asset listed at $1,299,999, positioned near its $1,263,889 Fair Market Value. Maintaining a Good Condition Rating, the property features one freshly renovated unit and a massive 2,100 sq. ft. unfinished first floor with significant ADU conversion potential to expand to six units. Located steps from the West Harbor Waterfront development, it offers residents stunning views and access to Taper Avenue Elementary (9/10). This high-upside property is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack with forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 730 W 5th Street Subject | $1,299,999* List Price | 0 | 0 | 4,194 | $301 | - |
A 343 W 12th Street Sold | $1,150,000 | 0 | 0 | 4,090 | $281 | 0.7 mi |
B 358 W 17th Sold | $1,120,000 | 0 | 0 | 4,547 | $246 | 0.9 mi |
C 902 S Mesa Street Sold | $1,050,000 | 0 | 0 | 4,402 | $239 | 0.5 mi |
D 1012 W 18th Street Sold | $1,160,000 | 0 | 0 | 4,739 | $245 | 0.9 mi |
E 841 W 5th Sold | $1,330,000 | 0 | 0 | 3,462 | $384 | 0.2 mi |
F 789 W 18th Street 3 Sold | $1,277,300 | 0 | 0 | 4,684 | $273 | 0.9 mi |
G 534 W 19th Active Under Contract | $995,000 List Price | 0 | 0 | 4,000 | $249 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1920, the listing explicitly states that 'one unit [is] freshly renovated, boasting chic finishes and contemporary upgrades.' The provided images confirm this, showcasing a kitchen with modern white shaker cabinets, white subway tile backsplash, new stainless steel appliances, and updated countertops. The bathroom also features modern white subway tile, a new vanity, and contemporary fixtures. New wood-look flooring and fresh paint are visible throughout the renovated unit. This extensive renovation of at least one unit, along with individual water heaters and in-unit washer/dryer hookups in three units, indicates significant recent updates. However, as only one unit is explicitly described as 'freshly renovated' and the building itself is over 100 years old, a 'Good' rating is appropriate, reflecting a move-in ready condition for at least one unit and substantial updates, without claiming a full recent renovation across all units or the entire structure.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property includes a vacant, unfinished 2,100 sq. ft. first floor, offering a clear opportunity to convert into additional ADUs (expanding to six units) or premium storage, significantly boosting income potential.
Strategically situated near the 110 Harbor Freeway and adjacent to the transformative San Pedro West Harbor Waterfront development, ensuring strong appreciation potential and high tenant demand.
The 2,100 sq. ft. vacant space is unfinished, necessitating substantial capital investment and development effort to realize its full income-generating potential.
Built in 1920, the property is over a century old. While one unit is renovated, the age suggests potential for deferred maintenance, outdated systems in other units, and higher ongoing repair costs.
While some highly-rated schools are nearby, the closest elementary schools (Barton Hill, Cabrillo Avenue) have low ratings, which could be a consideration for families with young children.
Step into the pinnacle of investment opportunities at 730 W 5th, an exclusive fourplex where luxury meets the horizon. Immerse yourself in unparalleled living with panoramic views of the harbor and the bustling Ports of Los Angeles, turning every day into a visual spectacle from your balcony or through your windows. This property isn't just a home; it's a canvas of modern elegance with one unit freshly renovated, boasting chic finishes and contemporary upgrades. Each residence features its own water heater, with three units providing the luxury of in-unit washer and dryer hookups. Unlock Your Investment Potential: The property includes a vacant, unfinished first floor of approximately 2,100 sq. ft., ripe for transformation. Convert this space into accessory dwelling units (ADUs) to expand your portfolio to six units, or utilize it as premium storage space for additional revenue. Rest assured, the entire complex is securely gated, ensuring privacy and peace of mind. Location, Location, Location: Nestled just half a mile from the 110 Harbor Freeway and adjacent to key intersections like 5th Street and Gaffey, this property stands at the heart of convenience. It's a stone's throw from the transformative San Pedro West Harbor Waterfront development, poised to elevate the urban landscape of San Pedro. Dive into the dynamic lifestyle this area offers, where dining, shopping, and cultural attractions await right at your doorstep
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,194 | 2,338.5 | 87% |
| Lot Size | 5,028 | 5,015 | 50% |
| Price | $1.30M | $1.04M | 74% |
| Price per sq ft | $310 | $462 | 17% |
| Built year | 1920 | 1928 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 471 | 216 | 98% |
Jan 6, 2025
$1,299,999
Initial Listing
Apr 1, 2020
$1,100,000
Public Record
Apr 17, 2018
$975,000
Public Record
Sep 25, 1998
$211,000
Public Record
Aug 3, 1998
$160,000
Public Record