Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1381 W Summerland

San Pedro, CA, 90732

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$1,049,000

MLS: PW26062569

Beds

4

Baths

3

Sq Ft

1,519

Lot

0.11 ac

Year Built

1940

MLS #

PW26062569

Days on Market

25

Listed

Mar 26, 2026

Description

Welcome to 1381 W Summerland Ave, a rare opportunity in the heart of San Pedro where location truly is everything. Just two blocks from the prestigious Palos Verdes Peninsula, this home offers the lifestyle and proximity you’ve been looking for—without the premium price tag. Enjoy ocean views from the street and second level, bringing coastal living right to your doorstep. Whether it’s morning walks with ocean breezes or evening sunsets, this location delivers the Southern California dream. This spacious 4-bedroom, 3-bathroom home is designed for both comfort and entertaining. Step into a large private backyard with a pool, perfect for hosting gatherings, weekend BBQs, or simply relaxing in your own retreat. The generous outdoor space offers endless potential to create your ideal oasis. If you’ve been priced out of Palos Verdes but still want to be close to it all, this is your chance. Experience the best of coastal living, convenience, and value—all in one exceptional property. Don’t miss out on this hidden gem in a prime location.

Location

San Pedro, Los Angeles County, CA 90732

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Listed by: Jared Nunez · Century 21 Allstars

Payment estimate

$7,587

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $104,900 · Loan: $944,100

%
Principal & Interest
$5,801
Property tax (1.25%)
$1,093
Homeowners insurance
$300
Mortgage insurance
$393
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this San Pedro home with as little as 3.5% down using an FHA loan — roughly $36,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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