980 W Summerland Avenue, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 1 bath
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980 W Summerland Avenue
San Pedro, California 90731
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,000Sq Ft
4,769Lot Size
Property Price
LIST PRICE$730,000
EST. MARKET VALUE
$763,794
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $730,000, positioned well below the $763,794 Fair Market Value by 4%. This valuation gap provides $33,794 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic updates and the potential for an ADU addition on the generous lot. With panoramic harbor and bridge views and proximity to top-rated schools like Taper Avenue Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$763,794+$33,794 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Pedro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 980 W Summerland Avenue Subject 3 bd · 1 ba · 1,000 sqft · $764 | $730,000* List Price | 3 | 1 | 1,000 | $764 | - |
A 634 W 4th Street Sold 2 bd · 1 ba · 912 sqft · $680 · 0.7 mi | $620,000 | 2 | 1 | 912 | $680 | 0.7 mi |
B 814 S Alma Street Sold 2 bd · 1 ba · 1,104 sqft · $702 · 0.8 mi | $775,000 | 2 | 1 | 1,104 | $702 | 0.8 mi |
C 342 N Mesa Active 2 bd · 1 ba · 1,195 sqft · $585 · 0.8 mi | $699,000 List Price | 2 | 1 | 1,195 | $585 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, this property is functional and move-in ready but shows significant dating. The kitchen features older white cabinetry and appliances likely from a renovation over 20 years ago. While the hardwood floors are a positive feature, the overall interior finishes, older ceiling fans, and aged systems typical of this era place it in the fair category, requiring cosmetic and likely mechanical updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- ADU Potential & Lot Utility
The property features a generous lot with mature fruit trees and significant potential to add an ADU, providing an excellent opportunity for rental income or multi-generational living.
- Scenic Harbor & City Views
The residence boasts desirable views of the harbor, city lights, and local bridges, adding a premium aesthetic element and increasing the home's long-term value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the property may be less appealing to modern families or buyers seeking a more convenient and functional layout.
- Compact Living Space
At 1,000 square feet, the interior footprint is relatively small for a three-bedroom home, which may result in smaller individual room sizes and limited storage.
About 980 W Summerland Avenue
Welcome home to coastal-breeze living in San Pedro! This move-in-ready classic residence offers an inviting blend of comfort, character, and opportunity. Step inside to beautiful hardwood floors, an airy, light-filled layout, and spacious living and dining areas designed for everyday living and effortless entertaining. The accommodating kitchen features ample cabinetry and appliances, making it ready for both everyday meals and gatherings.The spacious primary bedroom offers a peaceful retreat with direct access to the expansive backyard, creating a seamless connection between indoor and outdoor living. Outside, enjoy a generous lot framed by mature, fruit-bearing trees and plenty of space to relax, entertain, garden, or explore the potential for an ADU ideal for multi-generational living, a guest suite, or generating rental income. An attached two-car garage adds convenience and storage. Located on Summerland Avenue near Rena Park and Peck Park, with walking trails at Bandini Canyon Park nearby, this home puts you close to the best of San Pedro. Enjoy a quick drive to historic Downtown San Pedro, the vibrant new West Harbor waterfront development, Cabrillo Beach, the Arts District, local dining favorites, and convenient access to the 110 freeway.A move-in-ready home with space to live, room to grow, and possibilities for the future all in the heart of San Pedro.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 4,769 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Pedro Unified Schools
Bandini Street Elementary School
Grades K-6 • 0.1 mi
5/10
Park Western Place Elementary School
Grades K-5 • 0.5 mi
9/10
Barton Hill Elementary School
Grades K-6 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.1 |
| Square foot | 1,000 | 1,533.653 |
| Lot Size | 4,769 | 5,312.227 |
| Price | $730.0K | $1.02M |
| Price per sq ft | $730 | $644 |
| Built year | 1955 | 1951 |
| HOA | $0 | $275 |
| Days on market | 33 | 53 |
Pricing History
Listed for Sale
Sep 22, 2026
$730,000
Initial Listing
Sold
Mar 1, 2006
$500,000
Public Record
Sold
Aug 12, 2005
$460,000
Public Record
Sold
Aug 5, 2005
$188,000
Public Record