828 W 9th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
828 W 9th Street
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 828 W 9th Street, San Pedro, California 90731 is currently available with a list price of $1,399,000. 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.
Built in 1989, the property is approximately 35 years old and appears to retain most of its original interior finishes. Images show dated oak cabinetry, white tile countertops, and older white appliances. While the building is well-maintained and functional, it lacks modern renovations and shows signs of being outdated, fitting the criteria for a property built 25-40 years ago with no major recent updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- High Income Versatility
The unique configuration of four 2-bedroom residential units combined with three permitted commercial suites provides a diversified and robust income stream for investors.
- Significant Value-Add Potential
The existing plumbing and kitchens in the commercial suites offer a streamlined path for ADU conversions, allowing for increased density and higher rental yield.
CONSRISKS & DEFICIENCIES
- Regulatory Conversion Hurdles
Converting commercial spaces to residential units requires navigating complex City of Los Angeles Building and Safety requirements, which may involve significant time and permitting costs.
- Limited Acquisition Opportunity
The property is currently 'Active Under Contract,' meaning new buyers may face a difficult path to acquisition unless the current deal falls through.
About 828 W 9th Street
Unique Mix of 4 Two Bedroom Two Bathroom units and 3 additional permitted commercial Suites. Two of the Commercial Suites on the upper level have a kitchen and full bathroom in them and a shower making them possibly convertible into studio apartments or ADU's. The large ground level commercial Suite has approximately 1000 square feet and may also be converted to a 2 Bedroom ADU. All Buyers are advised to check with the City Los Angeles Building and Safety Department concerning all city requirements for conversion of commercial offices into residential units.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1989
- Lot Size
- 4,840 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Cabrillo Avenue Elementary School
Grades K-5 • 0.1 mi
Fifteenth Street Elementary School
Grades K-5 • 0.7 mi
Bandini Street Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1989 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jan 6, 2026
$1,399,000
Initial Listing