2937 S Carolina Street, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$579,000
2937 S Carolina Street, San Pedro, California 90731
2Beds
1Bath
890Sqft
4,501Lot
Year Built
1948
Close
-
List price
$579K
Original List price
$579K
Price/Sqft
$651
HOA
-
Days on market
-
Sold On
-
MLS number
25614575
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $579.0K(8th), sqft - 890(15th), beds - 2(34th), baths - 1(33th).
Great opportunity in San Pedro. This 2-bedroom, 1-bath California bungalow sits on a generous lot with potential for renovation, expansion, or redevelopment. The property is tenant-occupied and being sold in as-is condition. Conveniently located near Cabrillo Beach, the Marina, the new West Harbor waterfront development, parks, restaurants, and freeway access. A promising investment in a growing coastal community. *DO NOT WALK ON PROPERTY. DO NOT DISTURB OCCUPANTS* MUST MAKE AN APPOINTMENT TO VIEW PRIOR TO SUBMITTING AN OFFER FOR CONSIDERATION. PLEASE, NO BLIND OFFERS.
Nearby schools
5/10
Leland Street Elementary School
Public,•K-6•0.8mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.0mi
7/10
White Point Elementary School
Public,•K-6•1.0mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.4mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.8mi
4/10
Seventh Street Elementary School
Public,•K-5•1.9mi
2/10
Barton Hill Elementary School
Public,•K-6•2.0mi
5/10
Bandini Street Elementary School
Public,•K-6•2.1mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.6mi
9/10
Park Western Place Elementary School
Public,•K-5•2.6mi
8/10
Mira Catalina Elementary School
Public,•K-5•3.0mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.1mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•4.1mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•5.1mi
6/10
Harbor City Elementary School
Public,•K-5•5.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.0mi
8/10
Miraleste Intermediate School
Public,•6-8•3.1mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.6mi
6/10
Alexander Fleming Middle School
Public,•6-8•5.4mi
4/10
Hudson K-8
Public,•K-8•7.0mi
6/10
San Pedro Senior High School
Public,•9-12•1.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•5.6mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•6.1mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.5mi
3/10
Cabrillo High School
Public,•9-12•6.8mi
8/10
Palos Verdes High School
Public,•9-12•8.6mi
Price History
Date
Event
Price
11/11/25
Listing
$579,000
Condition Rating
Poor
This 1948 bungalow is explicitly described as being sold 'as-is' with 'potential for renovation, expansion, or redevelopment,' indicating significant deferred maintenance and the need for substantial repairs. The exterior image shows a worn facade, peeling paint on railings and window frames, and general neglect, consistent with a property that has not seen major updates in many decades. Without interior photos, the 1948 build year strongly suggests that the kitchen and bathroom, along with major systems (electrical, plumbing, HVAC), are original or very outdated and would require complete overhaul to meet current standards. This aligns with the 'poor' condition criteria, requiring substantial rehabilitation.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Prime Coastal Location: Conveniently located near Cabrillo Beach, the Marina, the new West Harbor waterfront development, parks, restaurants, and freeway access, offering a desirable lifestyle.
Significant Investment Potential: Described as a 'great opportunity' with strong potential for renovation, expansion, or redevelopment, making it an attractive prospect for investors or those looking to customize.
Generous Lot Size: The 4501 sqft lot provides ample space for potential expansion of the existing 890 sqft bungalow or for significant landscaping and outdoor living enhancements.
Growing Coastal Community: Situated in a 'growing coastal community,' suggesting strong potential for future property value appreciation and sustained demand.
Access to Highly-Rated Schools: The property is located near several public schools, including some with high ratings (e.g., Taper Avenue Elementary, Palos Verdes Peninsula High), which is attractive for families.
Cons
As-Is Condition & Renovation Required: The property is sold 'as-is' and explicitly states 'potential for renovation,' indicating that significant upfront investment and work will be necessary for modernization or repairs.
Occupancy & Access Restrictions: Being tenant-occupied with strict viewing rules ('DO NOT DISTURB OCCUPANTS,' 'MUST MAKE AN APPOINTMENT,' 'NO BLIND OFFERS') complicates the showing process and may deter potential buyers.
Small Living Space & Older Build: With only 890 sqft, 2 beds, and 1 bath, the current living space is quite small for a single-family home, and its 1948 build year suggests potential for outdated systems and aesthetics.