ActiveSingleFamilyResidence

672 W 23rd

San Pedro, CA, 90731

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$710,000

MLS: SB26117984

Beds

2

Baths

1

Sq Ft

840

Lot

0.11 ac

Year Built

1925

MLS #

SB26117984

Days on Market

11

Listed

Jun 1, 2026

Description

Cash Offers Only...Opportunity knocks in San Pedro! Situated on a generous 5,000 sq. ft. street-to-alley lot with desirable LARD1.5 zoning, this fixer offers tremendous potential for investors, developers, or buyers looking to create their vision. The existing home features 2 bedrooms, 1 bathroom, and approximately 840 sq. ft. of living space. The lot configuration provides convenient access from both the street and alley, enhancing future possibilities. Property is being sold in its present condition and will require significant repairs; all-cash offers only due to condition. Whether you’re considering renovation, expansion, or exploring development opportunities, this property presents a rare chance to add value in a growing San Pedro location. Buyers are advised to independently verify zoning, development potential, and all property information with the appropriate agencies.

Location

San Pedro, Los Angeles County, CA 90731

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Listed by: Susan Earnest · Peninsula Realty, Inc.

Payment estimate

$5,353

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $71,000 · Loan: $639,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,047
Property tax (1.25%)
$740
Homeowners insurance
$300
Mortgage insurance
$266
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $24,850 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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Active and pending listings in ZIP 90731 (San Pedro)within ±10% of this home's price and size.

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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.