362 W 11th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
ACTIVE$798,000
362 W 11th Street, San Pedro, California 90731
0Bed
0Bath
1,932Sqft
5,005Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Age of Property: Built in 1929, the property is nearly a century old, which may imply potential for deferred maintenance, outdated systems (plumbing, electrical), or structural issues requiring future investment.
Compared to the nearby listings
Price:$798.0K vs avg $1.06M ($-266,500)14%
Size:1,932 sqft vs avg 2,371 sqft33%
Price/sqft:$413 vs avg $41945%
More Insights
Built in 1929 (96 years old).
Condition: The property, built in 1929, features one unit that has been 'remodeled and recently rented.' The images of this unit's bedroom and bathroom support this, showcasing modern updates such as grey laminate flooring, fresh paint, a contemporary bathroom vanity, and clean fixtures. These areas appear move-in ready and aesthetically current. While the overall structure is very old and the condition of the second unit and major underlying systems (like plumbing, electrical, HVAC) are not fully detailed or shown, the visible renovations align with an 'extensively renovated within 5 to 15 years' standard, making the updated unit functional and comfortable. The exterior, though vintage, appears maintained, but the rusty fence indicates some deferred cosmetic maintenance. The lack of kitchen images prevents a full assessment, but based on the provided information, the property's updated unit is in good condition.
Year Built
1929
Close
-
List price
$798K
Original List price
$810K
Price/Sqft
$413
HOA
-
Days on market
-
Sold On
-
MLS number
PW25025644
Home ConditionGood
Features
View-
About this home
Located near Downtown San Pedro and the major Waterfront project, this 2 Unit residential property features 2 detached units. Units are 2 bed/ 1 bath and 1 bed + bonus room/1 bath that has been remodeled and recently rented. The rear unit has a 1 car garage parking and a front yard. Each unit has its own washer/dryer hookups, water heaters with separate gas and electric meters. Front unit is Month to Month. Front Unit is approx 1,176 SF and the Rear unit is approx 756 SF. The property is located near the Historic Downtown San Pedro District. There are many retail, dining and bar options. There is a Trolly that runs from Cabrillo Marina/Beach to the LA Waterfront. Also, a new West Harbor Waterfront development project with approx. 375,000 SF of retail, dining, and entertainment. To be completed by 2025.
Nearby schools
5/10
Fifteenth Street Elementary School
Public,•K-5•0.3mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.6mi
2/10
Barton Hill Elementary School
Public,•K-6•0.8mi
5/10
Leland Street Elementary School
Public,•K-6•1.1mi
5/10
Bandini Street Elementary School
Public,•K-6•1.2mi
4/10
Seventh Street Elementary School
Public,•K-5•1.5mi
9/10
Park Western Place Elementary School
Public,•K-5•1.7mi
7/10
White Point Elementary School
Public,•K-6•1.8mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.9mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.1mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.3mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.9mi
4/10
Hawaiian Avenue 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•0.6mi
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•5.8mi
6/10
San Pedro Senior High School
Public,•9-12•0.9mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.3mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•5.0mi
3/10
Cabrillo High School
Public,•9-12•5.7mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.0mi
8/10
Palos Verdes High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
01/11/22
Sold
$710,000
10/17/05
Sold
$550,000
Condition Rating
Good
The property, built in 1929, features one unit that has been 'remodeled and recently rented.' The images of this unit's bedroom and bathroom support this, showcasing modern updates such as grey laminate flooring, fresh paint, a contemporary bathroom vanity, and clean fixtures. These areas appear move-in ready and aesthetically current. While the overall structure is very old and the condition of the second unit and major underlying systems (like plumbing, electrical, HVAC) are not fully detailed or shown, the visible renovations align with an 'extensively renovated within 5 to 15 years' standard, making the updated unit functional and comfortable. The exterior, though vintage, appears maintained, but the rusty fence indicates some deferred cosmetic maintenance. The lack of kitchen images prevents a full assessment, but based on the provided information, the property's updated unit is in good condition.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Income-Generating Duplex: This property features two detached residential units with separate utilities (washer/dryer hookups, water heaters, gas, and electric meters), offering immediate rental income and strong investment potential.
Strategic Location & Future Growth: Situated near the Historic Downtown San Pedro District and the major West Harbor Waterfront development (due for completion by 2025), promising significant future appreciation and enhanced lifestyle amenities.
Flexible Occupancy/Rental: The front unit is currently on a month-to-month lease, providing flexibility for a new owner to adjust rents, occupy one unit, or re-tenant as desired.
Remodeled Unit & Parking: The rear unit has been recently remodeled and rented, and includes a 1-car garage parking and a front yard, adding value and tenant appeal.
Proximity to Amenities: The location offers easy access to numerous retail, dining, and bar options, as well as a trolley service connecting to Cabrillo Marina/Beach and the LA Waterfront.
Cons
Age of Property: Built in 1929, the property is nearly a century old, which may imply potential for deferred maintenance, outdated systems (plumbing, electrical), or structural issues requiring future investment.
Lack of Desirable Views: The property explicitly states 'None' for views, which could be a disadvantage in a coastal market like San Pedro where ocean or city views often command a premium.
Recent Price Reduction: The list price was recently reduced from $810,000 to $798,000, which might indicate a lack of strong initial buyer interest or that the property was initially overpriced.