1670 Laraine Circle, San Pedro, California 90732, San Pedro, 90732 - 3 bed, 3 bath

1670 Laraine Circle, San Pedro, California 90732 home-pic-0
ACTIVE$999,900
1670 Laraine Circle, San Pedro, California 90732
3Beds
3Baths
2,038Sqft
6,612Lot
Year Built
1975
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
SB25058093
Home ConditionPoor
Features
Good View: Bridge(s), Harbor
Pool
Spa
Patio
ViewBridge(s), Harbor

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $999.9K(29th), sqft - 2038(75th), beds - 3(50th), baths - 3(63th).

CALLING ALL CONTRACTORS AND HOME RENOVATORS! This is a great opportunity to acquire a pool home in the very desirable Miraleste Pines area of San Pedro. Perched at the top of the hill with a harbor view, this home has tons of potential and is the perfect project for someone that wants to finish what the current owners started. Lower level features an open design that combines a living room with fireplace, kitchen, dining area and another living area. On this level there's also a full bath, and a laundry room that provides direct access to the garage. Upper level includes the spacious primary suite with large bathroom, an almost completed hall bathroom and the two secondary bedrooms. Rear yard is set up for the summer with a saltwater pool and spa that is in great shape. Side yard offers room to build an outdoor kitchen area that would create a resort-style atmosphere. From the front porch a nice view of the harbor can be enjoyed and it is possible to make some design changes so that the view can be taken in from other parts of the home. Bring your vision and imagination and you'll be able to turn this into a sensational property.

Nearby schools

4/10
Seventh Street Elementary School
Public,K-50.3mi
5/10
Crestwood Street Elementary School
Public,K-60.5mi
8/10
Mira Catalina Elementary School
Public,K-51.2mi
8/10
Miraleste Intermediate School
Public,6-81.0mi
4/10
Richard Henry Dana Middle School
Public,6-81.4mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-81.6mi
6/10
San Pedro Senior High School
Public,9-121.2mi
10/10
Palos Verdes Peninsula High School
Public,9-124.3mi
8/10
Palos Verdes High School
Public,9-126.6mi

Price History

Date
Event
Price
07/26/16
Sold
$726,500
Condition Rating
Poor

Built in 1975, this property is explicitly marketed as a 'project for contractors and home renovators' with significant unfinished work. The kitchen is incomplete, lacking installed cabinets and featuring exposed concrete flooring, alongside a mix of old and new appliances. The description also notes an 'almost completed hall bathroom.' While one bathroom appears modern and the pool is well-maintained, the overall state requires substantial rehabilitation to be move-in ready, aligning with the criteria for a 'Poor' condition score.
Pros & Cons

Pros

Great Schools: High School: Palos Verdes Peninsula High School (10/10).
Prime Location: Situated in the highly desirable Miraleste Pines area, offering an elevated position at the top of the hill.
Harbor View Potential: Features a harbor view from the front porch with significant potential to expand views from other parts of the home through design modifications.
Private Pool & Spa: Includes a well-maintained saltwater pool and spa in the rear yard, providing immediate recreational value.
Renovation Opportunity: Presents a substantial opportunity for contractors and renovators to customize and add significant value, transforming it into a sensational property.
Functional Layout: The lower level boasts an open design combining living room with fireplace, kitchen, and dining area, enhancing flow and usability.

Cons

Extensive Renovation Required: Explicitly marketed as a project for contractors and home renovators, indicating substantial unfinished work and necessary upgrades to complete what current owners started.
Potential Overpricing: The current list price is significantly higher than the property's estimated value, suggesting it may be overpriced given its 'as-is' condition and renovation needs.
Unfinished Interior Elements: Specific mention of an 'almost completed hall bathroom' highlights immediate and necessary interior finishing work on the upper level.

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