285 W 9th Street, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
ACTIVE$699,000
285 W 9th Street, San Pedro, California 90731
2Beds
1Bath
1,400Sqft
1,485Lot
Year Built
1920
Close
-
List price
$699K
Original List price
$825K
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
GD25152689
Home ConditionFair
Features
View-
About this home
We found 4 Cons,6 Pros. Rank: price - $699.0K(19th), sqft - 1400(50th), beds - 2(34th), baths - 1(33th).
Discover an exceptional mixed-use property in historic San Pedro that combines commercial and residential potential in one prime location. This exciting opportunity features a successful street-level approximately 900 Sq.Ft market, complete with a beer and wine license, making it ideal for aspiring entrepreneurs. Above the bustling market, a charming two-bedroom almost 500 Sq.Ft unit awaits, perfect for owner occupancy or rental income. This versatile space offers an attractive balance of living and working, making it a great investment in a thriving community. Located near Ports of Call and in the heart of the Los Angeles Harbor, this property boasts excellent visibility and foot traffic. Don’t miss out on the chance to own a property with such great potential—both as a profitable business and a comfortable home!
Nearby schools
5/10
Fifteenth Street Elementary School
Public,•K-5•0.4mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.7mi
2/10
Barton Hill Elementary School
Public,•K-6•0.8mi
5/10
Bandini Street Elementary School
Public,•K-6•1.2mi
5/10
Leland Street Elementary School
Public,•K-6•1.3mi
4/10
Seventh Street Elementary School
Public,•K-5•1.6mi
9/10
Park Western Place Elementary School
Public,•K-5•1.7mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.9mi
7/10
White Point Elementary School
Public,•K-6•2.0mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.0mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.4mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.8mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.9mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•4.0mi
6/10
Harbor City Elementary School
Public,•K-5•4.2mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.8mi
8/10
Miraleste Intermediate School
Public,•6-8•2.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.8mi
6/10
Alexander Fleming Middle School
Public,•6-8•4.3mi
4/10
Hudson K-8
Public,•K-8•5.7mi
6/10
San Pedro Senior High School
Public,•9-12•1.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.2mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.9mi
3/10
Cabrillo High School
Public,•9-12•5.6mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.1mi
8/10
Palos Verdes High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
11/14/25
Price Change
$699,000-6.2%
11/11/25
Price Change
$745,000-4.4%
10/07/25
Price Change
$779,000-2.5%
09/17/25
Price Change
$799,000-3.2%
07/08/25
Listing
$825,000
Condition Rating
Fair
Built in 1920, this property is over a century old. While the residential unit appears clean with some newer laminate flooring and fresh paint, the kitchen and bathroom are significantly dated. The kitchen features old tile countertops and backsplash, basic white appliances, and a simple layout. The bathroom has a basic pedestal sink, an older shower stall, and dated floor tiles. Cooling is provided by window AC units, indicating a lack of modern central systems. The property is functional and maintained, but its key areas (kitchen, bathroom) and overall systems show clear signs of being outdated and would require substantial updates to meet contemporary standards, fitting the 'fair' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Versatile Mixed-Use Zoning: The property offers both commercial and residential potential, providing flexibility for owner-operators or investors seeking diversified income streams.
Prime Commercial Location: Situated in historic San Pedro, near Ports of Call and the LA Harbor, ensuring excellent visibility and high foot traffic for the commercial unit.
Established Commercial Asset: Includes an approximately 900 sq.ft market with an active beer and wine license, presenting an immediate business opportunity or existing revenue source.
Residential Income/Live-Work Opportunity: The charming 2-bedroom residential unit provides options for owner occupancy (live-work) or additional rental income.
Strong Investment Potential: The combination of a desirable location, mixed-use functionality, and existing commercial operation makes this a compelling investment for long-term growth and cash flow.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1485, living area = 1400.
Historic Property Age: Built in 1920, the property is over a century old, potentially requiring significant capital expenditure for updates, maintenance, or adherence to modern building codes.
Small Residential Unit Size: The 'almost 500 Sq.Ft' two-bedroom residential unit is considerably small, which might limit its market appeal, rental rates, or comfort for occupants.
Significant Price Reductions: Multiple price drops from an original $825,000 to $699,000 could indicate market resistance, an initial overvaluation, or potential issues that have deterred buyers.