662 W 31st
San Pedro, CA, 90731
$1,349,900
Original list price: $1,449,000
MLS: SB26126483
Beds
—
Baths
—
Sq Ft
3,060
Lot
0.11 ac
Year Built
1922
MLS #
SB26126483
Days on Market
132
Listed
Jun 10, 2026
Description
Huge $50,000 Price Reduction! Don’t miss this rare opportunity to own a truly unique coastal property in one of San Pedro’s most desirable locations, within walking distance to the beach. Offering approximately 3,060 sq. ft. of combined living space, this exceptional property provides a wonderful combination of coastal living, flexibility, and investment potential. The property features two separate residences. The beautifully constructed two-story rear residence, completed in April 2018, offers approximately 2,028 sq. ft. of modern living space. The approximately 1,032 sq. ft. front residence is the original home, extensively upgraded in the 1990s and recently refreshed with numerous improvements, including fresh interior paint, new ceiling fans, updated light fixtures, and new vertical blinds. The front home also includes a fully paid solar system, providing an added benefit for the new owner. Enjoy the refreshing coastal and harbor breezes along with maritime views from the upper deck of the rear residence and the charming front porch of the front home. With the beach within walking distance, this property offers the opportunity to enjoy the relaxed coastal lifestyle that makes San Pedro such a special place to call home. The flexible layout creates numerous possibilities and may be ideal for multi-generational living, extended family, owner-occupancy with additional income potential, or an investment property. The combination of newer construction and the character of the original residence makes this property especially distinctive. Parking is another outstanding feature, with an oversized detached 4-car garage with convenient alley access, plus an additional 1-car garage with direct access to the front home’s kitchen—providing a total of five garage spaces. With its prime San Pedro location, proximity to the beach, generous living space, two residences, five-car garage capacity, coastal atmosphere, and versatile layout, opportunities like this are hard to find. Whether you are looking for a special place to call home or a property with excellent income potential, this one deserves to be seen in person to fully appreciate everything it has to offer. Now offered after a huge $50,000 price reduction—schedule your private showing and come experience this exceptional San Pedro property for yourself!
Location
San Pedro, Los Angeles County, CA 90731
Open on Google Maps ↗Listed by: Muhammad Chaudhri · Home Team 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
$10,624
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $134,990 · Loan: $1,214,910
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,412
- Property tax (1.25%)
- $1,406
- Homeowners insurance
- $300
- Mortgage insurance
- $506
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 $47,247 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.
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