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Attention all investors and creative homebuyers! This spacious property located in the desirable Palisades area of San Pedro is a fantastic opportunity for those with a vision. While it requires some work, this 2500 sq ft, 5-bedroom, 3-bathroom home sits on a 5872 sq ft lot and has been fully permitted (buyer to verify). The property boasts a grand living room complete with a wood-burning fireplace, central heat, and a large family kitchen. Two bedrooms are located downstairs along with a 3/4 bathroom, laundry shoot, and indoor laundry room. Upstairs you will find three more bedrooms, including the spacious master bedroom with a large walk-in closet and master bath. While the exterior of the property has been completed with windows, siding, and roof, the interior work has not been finished. The electrical and plumbing have been partially completed, and no drywall has been installed. Only one bathroom has been finished, and the kitchen and two other bathrooms require completion, as well as flooring and finishing work. Cash buyers or those with a rehab loan may seize this opportunity to create their masterpiece. The property includes a 2-car detached garage and because the home is situated towards the front of the lot, the backyard is still quite spacious. Don't miss out on this amazing opportunity!
Listing agent: Carol Anne Mills DRE #01336814 caschmidt@kw.com, Listing office: Keller Williams Realty
MLS data updated 11/2/2026, 6:33:05 PM PT
Source: CRMLS, MLS #: SB23053934
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 2, 2023
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
$925,000Closed sale · Jun 2, 2023ZIP 90731 · Jun 2023
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.