1516 W 5th Street, San Pedro, California 90732, San Pedro, 90732 - 3 bed, 3 bath

1516 W 5th Street, San Pedro, California 90732 home-pic-0
ACTIVE$1,245,000
1516 W 5th Street, San Pedro, California 90732
3Beds
3Baths
2,376Sqft
6,928Lot
Year Built
1979
Close
-
List price
$1.25M
Original List price
$1.29M
Price/Sqft
$524
HOA
-
Days on market
-
Sold On
-
MLS number
SB25065470
Home ConditionGood
Features
Good View: Bridge(s), Harbor, Peek-A-Boo, Water
Deck
Spa
ViewBridge(s), Harbor, Peek-A-Boo, Water

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(60th), sqft - 2376(87th), beds - 3(50th), baths - 3(63th).

Best available single family property, based on its condition within 1 mile radius. Desired location,near end of cul-de-sac street,pride of ownership home, concrete in front of home giving enough space for up to 6 vehicles or space for RV and/or boat. Manicured home with primary bedroom on same level with full kitchen, family room, deck, balcony and livingroom. Close to famous Little Company Mary Hospital, popular 7th street elementary school in excellent San Pedro area. Ocean and city view with deck from open Livingroom, dining & primary bedroom. Enclosed backyard with matured palm trees and nicely landscaped yard for your pets to roam. Solid wood door entry leads to first floor with 2 spacious bedrooms & family room with elegant mosaic/lime stone & marble fire place and access to backyard, family room could be used as 4th bedroom, full guest bath downstairs. Main or 2nd floor with large living room with new wet bar, leads to a large balcony, spacious dining area with granite counter top bar, designer tile floors, large kitchen with many new elegant cabinets with granite counter top with mosaic back splash & tile flooring. Huge primary bedroom, access to balcony, & primary bath with double sink, granite counter top, all bathrooms are remodeled with designer new tiles, new toilets, faucets, light fixtures.

Nearby schools

4/10
Seventh Street Elementary School
Public,K-50.2mi
5/10
Bandini Street Elementary School
Public,K-60.8mi
3/10
Cabrillo Avenue Elementary School
Public,K-50.9mi
5/10
Leland Street Elementary School
Public,K-61.2mi
4/10
Richard Henry Dana Middle School
Public,6-81.1mi
6/10
San Pedro Senior High School
Public,9-121.0mi

Price History

Date
Event
Price
08/06/25
$1,245,000
03/27/25
$1,290,000
09/19/14
Sold
$665,000
07/11/02
Sold
$399,000
Condition Rating
Good

The property, built in 1979, has undergone extensive and high-quality renovations, particularly in the kitchen and bathrooms, making it move-in ready. The kitchen features 'new elegant cabinets,' granite countertops, mosaic backsplash, tile flooring, and stainless steel appliances. All bathrooms have been 'remodeled with designer new tiles, new toilets, faucets, and light fixtures,' and include granite countertops. Hardwood flooring is present in main living areas and bedrooms, and recessed lighting adds to the modern feel. While the house is over 40 years old, the significant updates to key areas, as confirmed by the images and description, align with the 'Good' criteria of being extensively renovated within the last 5-15 years, with well-maintained systems and no immediate renovation required. The presence of mini-split AC units addresses cooling, even without central AC.
Pros & Cons

Pros

Exceptional Condition & Maintenance: Described as the 'Best available single family property' in its radius, a 'pride of ownership home,' and 'manicured,' indicating meticulous care and move-in readiness.
Prime Location & Views: Desired cul-de-sac location offering 'Ocean and city view' from the living room, dining area, and primary bedroom, enhancing desirability and value.
Extensive Parking & RV/Boat Storage: Concrete driveway provides ample space for up to 6 vehicles, plus dedicated room for RV and/or boat parking, a significant and rare asset.
Modernized Interiors & Amenities: Features a large kitchen with new elegant cabinets, granite countertops, mosaic backsplash, designer tile floors, remodeled bathrooms, and a new wet bar, reflecting significant recent upgrades.
Functional Layout with Primary Suite on Main Level: Offers convenient living with the primary bedroom, full kitchen, family room, deck, balcony, and living room all situated on the main level.

Cons

Age of Property: Built in 1979, the property is over 40 years old. While cosmetically updated, potential buyers may have concerns about the age of underlying systems (e.g., plumbing, electrical, roof) if not explicitly updated.
Lack of Central Air Conditioning (Inferred): The detailed description of upgrades does not mention a cooling system, which could be a significant drawback in Southern California's climate and may require a future investment.
Split-Level Design: The layout features a primary suite and main living areas on the second floor, with two additional bedrooms and a family room on the first floor, which might not appeal to buyers preferring a single-story home or a more traditional two-story layout.

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