398 W 11th Street
San Pedro, CA, 90731
$425,000
MLS: SB26190511
Beds
2
Baths
1
Sq Ft
654
Lot
0.05 ac
Year Built
1922
MLS #
SB26190511
Days on Market
14
Listed
Sep 30, 2026
Description
BACK ON THE MARKET!!! Bring your vision and imagination to this charming 2-bedroom, 1-bathroom fixer-upper, ideally situated on a desirable corner lot in the heart of San Pedro. Built in 1922, this property offers character, history, and an exciting opportunity to restore and personalize a home in one of the South Bay's most evolving waterfront communities. The property features a functional 2-bedroom, 1-bath layout, along with a detached storage building offering two additional rooms, providing flexibility for storage, workshop space, office use, or other potential uses—buyer to verify permitted uses. A major bonus is the secured on-site parking for two cars, a valuable feature in San Pedro. The corner-lot location adds to the property's appeal and offers an excellent opportunity for someone looking to create a home, investment property, or personal project. Prime location near the new West Harbor development and San Pedro's revitalized LA Waterfront, with continued investment and improvements transforming the surrounding area. With Los Angeles preparing to host the 2028 Olympic and Paralympic Games, this is an exciting time to be part of San Pedro's ongoing transformation and waterfront renaissance. Whether you're an investor, contractor, or buyer looking for a project with potential, this property offers a unique opportunity to own a piece of historic San Pedro just in time for the momentum leading into 2028. Property is being offered in fixer-upper condition and sold as-is. Buyer to conduct their own inspections and independently verify all property details, square footage, permits, zoning, and permitted uses.
Location
San Pedro, Los Angeles County, CA 90731
Open on Google Maps ↗Listed by: Kristine Lusic · Keller Williams Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,550
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $42,500 · Loan: $382,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,648
- Property tax (1.25%)
- $443
- Homeowners insurance
- $300
- Mortgage insurance
- $159
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $14,875 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
See San Pedro, CA 90731 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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