Under ContractSingleFamilyResidence

1516 W 5th Street

San Pedro, CA, 90732

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$1,219,000

MLS: SB26070945

Beds

3

Baths

3

Sq Ft

2,376

Lot

0.16 ac

Year Built

1979

MLS #

SB26070945

Days on Market

12

Listed

Apr 8, 2026

Description

located near end of cul-de-sac street, pride of ownership home, concrete in front of home giving enough space for up to 6 vehicles or space for RV and/or boat. Manicured home with primary bedroom on top floor level with full kitchen, family room, deck, balcony and livingroom. Close to famous Little Company Mary Hospital, popular 7th street elementary school in excellent San Pedro area. Ocean and city view with deck from open Livingroom, dining & primary bedroom. Enclosed backyard with matured palm trees and nicely landscaped yard for your pets to roam. Solid wood door entry leads to first floor with 2 spacious bedrooms & family room with elegant mosaic/lime stone & marble fire place and access to backyard, family room could be used as 4th bedroom, full guest bath downstairs. Main or 2nd floor with large living room with new wet bar, leads to a large balcony, spacious dining area with granite counter top bar, designer tile floors, large kitchen with many new elegant cabinets with granite counter top with mosaic back splash & tile flooring. Huge primary bedroom, access to balcony, & primary bath with double sink, granite counter top, all bathrooms are remodeled with designer new tiles, new toilets, faucets, light fixtures.

Location

San Pedro, Los Angeles County, CA 90732

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Listed by: Steve Hwang · Century 21 Coastal Properties

Payment estimate

$8,768

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $121,900 · Loan: $1,097,100

%
Principal & Interest
$6,741
Property tax (1.25%)
$1,270
Homeowners insurance
$300
Mortgage insurance
$457
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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 $42,665 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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