
San Pedro, California 90731
This Classic 1920s Duplex is a Strong Value Opportunity, listed at $669,000—positioned well below the $727,888 Fair Market Value by 8%. This valuation gap offers $58,888 in Instant Equity for buyers. While maintaining a Fair Condition Rating, the property features four detached garages with streamlined ADU conversion potential to maximize rental yield. Located near top-rated schools like Taper Avenue Elementary, this asset is a premier choice for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 782 W 14th Street Subject | $679,000* List Price | 2 | 2 | 1,664 | $439 | - |
A 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.2 mi |
B 728 W 11th Street Sold | $865,000 | 0 | 0 | 1,872 | $462 | 0.2 mi |
C 1939 South Alma Street Sold | $799,000 | 0 | 0 | 1,520 | $526 | 0.5 mi |
D 1127 W 2nd Sold | $860,000 | 4 | 4 | 1,860 | $462 | 0.8 mi |
E 974 W 5th Street Sold | $625,000 | 0 | 0 | 1,648 | $379 | 0.6 mi |
F 620 W 8th Active Under Contract | $725,000 List Price | 2 | 2 | 1,836 | $395 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1922 duplex is well-maintained but remains largely in its vintage state. While the interior shows pride of ownership with clean hardwood floors and classic built-ins, the kitchens and bathrooms are outdated, featuring older tile countertops, aged cabinetry, and basic white appliances. It meets the 'fair' criteria as an aged property maintained through regular upkeep but lacking modern renovations.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features four detached garages with streamlined permit opportunities for conversion into an Auxiliary Dwelling Unit (ADU), offering a significant value-add opportunity to increase density and rental income.
With a low FHA down payment option and sellers willing to consider paying closing costs or vacating a unit, this property is highly accessible for first-time buyers looking to 'house hack' by living in one unit and renting the other.
Built in 1922, the property may require significant capital expenditures for modernizing vintage electrical, plumbing, or structural systems common in homes of this era.
The one-bedroom, one-bathroom layout for both units restricts the potential tenant pool to individuals or couples, potentially limiting long-term rental growth compared to multi-bedroom configurations.
BACK ON THE MARKET!!! ONLY $25,000. DOWN PAYMENT WITH FHA FINANCING. PERFECT FOR OWNER USER. OWNERS WILL CONSIDER PAYMENT FOR VACATING A UNIT FOR OWNER OCCUPANCY OR PAYING BUYERS CLOSING COSTS. Well maintained classic 1920s large one bedroom one bath duplex in a nice rental area of San Pedro. Property has separate yards for each unit with four detached garages in the rear. Ideal starter investment property or opportunity to live in one and rent the other to help with the payment. Garages are rented for additional income. Los Angeles City is currently promoting streamlined permits for conversion of the 4 garages to an additional (ADU)Auxiliary Dwelling Unit. See LA City Planning Department for further details.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 76% |
| Baths | 2.0 | 0.0 | 76% |
| Square foot | 1,664 | 2,258.5 | 28% |
| Lot Size | 4,803 | 5,001.5 | 30% |
| Price | $679.0K | $985.0K | 9% |
| Price per sq ft | $408 | $462 | 37% |
| Built year | 1922 | 1928 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 210 | 2% |
Apr 2, 2026
$679,000
$669,000
+1% Price Increase
Initial Listing
Mar 9, 2026
$669,000
Initial Listing