1506 W 5th St, San Pedro, CA 90732

Property Description

Live Auction! Bidding to start from $600,000! This charming San Pedro home has been lovingly held by the same family since 1956, offering a rare piece of local history. Originally built as a cozy 2-bedroom, 2-bathroom residence, the home was thoughtfully expanded approximately 35 years ago with the addition of a spacious family room and primary bedroom (buyer to verify permit). The single-level floor plan sits gracefully on an oversized lot, presenting an exceptional opportunity in today's market. Preserved in mostly original condition, the home features a vintage kitchen, classic bathrooms, and real hardwood floors currently protected beneath laminate—creating the perfect canvas for renovation while honoring its distinctive mid-century character. Step outside to discover a generously proportioned backyard that invites endless possibilities: summer entertaining, substantial home expansion, or addition of that dream swimming pool. The convenient pull-through garage, with its direct backyard access, provides the ideal setup for boat storage or enhanced outdoor accessibility. This property stands as a remarkable opportunity for buyers seeking to renovate and expand in a well-established neighborhood. With nearly seven decades of single-family ownership, this home now awaits its next chapter. Being sold in as-is condition with **CASH** purchase required, it's ready for new owners to reimagine its tremendous potential and transform it into their personal paradise. Submit an offer to stop the auction -- cash.