730 W 5th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath

730 W 5th Street, San Pedro, California 90731 home-pic-0
ACTIVE$1,299,999
730 W 5th Street, San Pedro, California 90731
0Bed
0Bath
4,194Sqft
5,028Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant ADU Conversion Potential: The vacant, unfinished 2,100 sq. ft. first floor offers substantial opportunity to add two ADUs, increasing unit count to six and maximizing rental income.
Top Cons:
Historic Property Age: Built in 1920, the property's age may imply potential for higher maintenance costs and unseen infrastructure issues despite recent renovations in one unit.

Compared to the nearby listings

Price:$1.30M vs avg $1.10M (+$200,499)67%
Size:4,194 sqft vs avg 2,387.5 sqft81%
Price/sqft:$310 vs avg $41917%

More Insights

Built in 1920 (105 years old).
Condition: While one unit has been recently and tastefully renovated with modern kitchen and bathroom features (white shaker cabinets, quartz countertops, subway tile, new appliances, modern vanity, new flooring), the property was built in 1920. The listing explicitly states that only *one* unit is freshly renovated, leaving the condition of the other three units unspecified. Additionally, there is a large, vacant, unfinished first floor requiring substantial work. This combination of an old building, partial renovation, and significant unfinished space means the overall property condition is not 'move-in ready' across all units and requires more than minor updates to bring the entire structure to a modern standard.
Year Built
1920
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
SB25001490
Home ConditionFair
Features
Excellent View: Harbor
ViewHarbor

About this home

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

Nearby schools

3/10
Cabrillo Avenue Elementary School
Public,K-50.2mi
2/10
Barton Hill Elementary School
Public,K-60.5mi
5/10
Bandini Street Elementary School
Public,K-60.6mi
5/10
Fifteenth Street Elementary School
Public,K-50.8mi
4/10
Seventh Street Elementary School
Public,K-51.1mi
9/10
Park Western Place Elementary School
Public,K-51.1mi
5/10
Leland Street Elementary School
Public,K-61.1mi
5/10
Crestwood Street Elementary School
Public,K-61.3mi
9/10
Taper Avenue Elementary School
Public,K-51.5mi
7/10
White Point Elementary School
Public,K-61.9mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,K-52.1mi
8/10
Mira Catalina Elementary School
Public,K-52.4mi
4/10
Hawaiian Avenue Elementary School
Public,K-52.6mi
6/10
Eshelman Avenue Elementary School
Public,K-53.5mi
6/10
Harbor City Elementary School
Public,K-53.8mi
4/10
Richard Henry Dana Middle School
Public,6-80.7mi
8/10
Miraleste Intermediate School
Public,6-82.1mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-82.2mi
6/10
Alexander Fleming Middle School
Public,6-83.8mi
4/10
Hudson K-8
Public,K-85.9mi
6/10
San Pedro Senior High School
Public,9-120.7mi
5/10
Phineas Banning Senior High School
Public,9-124.2mi
5/10
Nathaniel Narbonne Senior High School
Public,9-124.5mi
10/10
Palos Verdes Peninsula High School
Public,9-125.4mi
3/10
Cabrillo High School
Public,9-125.8mi
8/10
Palos Verdes High School
Public,9-127.8mi

Price History

Date
Event
Price
09/25/98
Sold
$211,000
08/03/98
Sold
$160,000
04/01/20
Sold
$1,100,000
04/17/18
Sold
$975,000
Condition Rating
Fair

While one unit has been recently and tastefully renovated with modern kitchen and bathroom features (white shaker cabinets, quartz countertops, subway tile, new appliances, modern vanity, new flooring), the property was built in 1920. The listing explicitly states that only *one* unit is freshly renovated, leaving the condition of the other three units unspecified. Additionally, there is a large, vacant, unfinished first floor requiring substantial work. This combination of an old building, partial renovation, and significant unfinished space means the overall property condition is not 'move-in ready' across all units and requires more than minor updates to bring the entire structure to a modern standard.
Pros & Cons

Pros

Significant ADU Conversion Potential: The vacant, unfinished 2,100 sq. ft. first floor offers substantial opportunity to add two ADUs, increasing unit count to six and maximizing rental income.
Panoramic Harbor & Port Views: Offers highly desirable panoramic views of the harbor and Ports of Los Angeles, a premium amenity enhancing tenant appeal and property value.
Strategic Location & Future Growth: Situated half a mile from the 110 Freeway and near the transformative San Pedro West Harbor Waterfront development, promising future appreciation and convenience.
Income-Generating Quadruplex with Recent Renovation: An existing fourplex with one unit recently renovated, providing immediate rental income and modern appeal to tenants.
Enhanced Tenant Amenities & Security: Features individual water heaters, in-unit washer/dryer hookups in three units, and a securely gated complex, contributing to tenant satisfaction and retention.

Cons

Historic Property Age: Built in 1920, the property's age may imply potential for higher maintenance costs and unseen infrastructure issues despite recent renovations in one unit.
Substantial Investment for Expansion: Realizing the ADU potential requires significant capital investment, planning, and permitting for the 2,100 sq. ft. unfinished space.
Unspecified Condition of Multiple Units: Only one unit is noted as 'freshly renovated,' leaving the condition and potential renovation needs of the other three units unknown, which could impact future expenses and rental income.

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