$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
Open on Google Maps ↗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
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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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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