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Calling all investors, developers, and visionaries! Exceptional opportunity in the heart of San Pedro with endless potential on a spacious 6,076 sq ft lot. This 2-bedroom, 1-bath home offers 890 sq ft of living space and is primed for your next project. Unlock the possibilities with multiple value-add opportunities: a detached bonus structure ideal for a home office, studio, or future ADU, plus an oversized rear garage with strong conversion potential. The generous lot size opens the door for expansion or multi-unit development (buyer to verify), making this a standout opportunity for those looking to maximize returns. The property is fully gated in the front, offering privacy and security, with a long driveway that accommodates multiple vehicles—perfect for future tenants or multi-unit use. The outdoor space is a hidden gem, featuring a large, fruit-producing avocado tree and additional mature landscaping that creates a peaceful, private sanctuary feel. Ideally located just approximately 2 miles (about a 5-minute drive) from Cabrillo Beach, enjoy easy access to coastal living, ocean breezes, and all that the San Pedro waterfront has to offer. Whether you're looking to renovate, expand, or develop, this property delivers the space, layout, and location to bring your vision to life.
Listing agent: Billy Wynn DRE #00952537 billywynn@pacbell.net, Listing office: RE/MAX One
MLS data updated 10/31/2026, 7:18:52 AM PT
Source: CRMLS, MLS #: SR26061083
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 3, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$698,000Closed sale · Jun 3, 2026ZIP 90731 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.