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554 Bonita, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 3 bath

554 Bonita, San Pedro, California 90731 home-pic-0
ACTIVE$950,000
554 Bonita, San Pedro, California 90731
3Beds
3Baths
2,190Sqft
4,046Lot

Price Vs. Estimate

The estimated value ($872,640.475) is $77,359.525 (8%) lower than the list price ($950,000). This property may be overpriced.

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:
Overpriced Relative to Market Estimation: The current listing price of $950,000 is 8% above the estimated property value of $872,640, which may indicate it is priced aggressively compared to market expectations.

Compared to the nearby listings

Price:$950.0K vs avg $862.5K (+$87,550)65%
Size:2,190 sqft vs avg 1,421 sqft89%
Price/sqft:$434 vs avg $65211%

More Insights

Built in 2003 (22 years old).
Condition: This property, built in 2003, is explicitly described as 'FULLY RENOVATED HOME' and 'newly renovated,' making it a turnkey property. Images confirm extensive updates including fresh paint, new LVP flooring and carpet, modern white kitchen cabinets, new stainless steel appliances (dishwasher, gas stove, built-in microwave), and recessed lighting throughout. The bathrooms are clean and updated, reflecting a recent and comprehensive renovation that brings the property to current quality standards with no deferred maintenance.
Year Built
2003
Close
-
List price
$950K
Original List price
$998K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
CV25067789
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

**FULLY RENOVATED HOME**Nestled in San Pedro’s Barton Hill neighborhood, this newly renovated tri-level home, built in 2003, offers 2,190 square feet of modern living space on a 4,046-square-foot lot. Ideal as a smart investment or a spacious upgrade for a growing family, this turnkey property features 4 bedrooms and 3 bathrooms, blending convenience with coastal charm. Step inside to a welcoming entry with a powder room and direct access to the two-car garage. The bright living room boasts a vaulted ceiling and opens to a view of the backyard, perfect for relaxing or entertaining. The updated kitchen and dining area include a new dishwasher, gas stove, and built-in microwave, making meal prep a breeze. Downstairs, the ground floor offers flexibility with two spacious bedrooms, a 3/4 bathroom, a large laundry closet, and a private entrance leading to the side yard staircase—ideal for guests or potential rental income. Upstairs, the oversized master suite features a full bathroom, a private balcony, and partial views of San Pedro Bay and Barton Hill, creating a peaceful retreat. Enjoy the area’s laid-back vibe with nearby conveniences like Starbucks, Top Valu Market 18, Numero Uno Market, and the San Pedro Farmers Market. For outdoor relaxation, Harbor Highlands Park, Leland Park, and the Fanfare Fountains at Gateway Plaza are just steps away. San Pedro’s attractions are also close by: explore the Port of Los Angeles, Vincent Thomas Bridge, and Los Angeles World Cruise Center, or enjoy kayaking, fishing, and the SS Lane Victory museum. The Warner Grand Theatre offers local entertainment, and Cabrillo Beach is a quick drive for a day by the water.This move-in-ready home combines practicality and a prime location, making it a perfect choice for families or investors. Don’t miss out—let’s get you into escrow!

Nearby schools

2/10
Barton Hill Elementary School
Public,•K-6•0.1mi
5/10
Bandini Street Elementary School
Public,•K-6•0.6mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.8mi
9/10
Park Western Place Elementary School
Public,•K-5•1.0mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.1mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.2mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.3mi
4/10
Seventh Street Elementary School
Public,•K-5•1.5mi
5/10
Leland Street Elementary School
Public,•K-6•1.7mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.0mi
7/10
White Point Elementary School
Public,•K-6•2.5mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.6mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.6mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.1mi
6/10
Harbor City Elementary School
Public,•K-5•3.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.2mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.0mi
8/10
Miraleste Intermediate School
Public,•6-8•2.2mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.4mi
4/10
Hudson K-8
Public,•K-8•5.3mi
6/10
San Pedro Senior High School
Public,•9-12•1.3mi
5/10
Phineas Banning Senior High School
Public,•9-12•3.6mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.0mi
3/10
Cabrillo High School
Public,•9-12•5.3mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.4mi
8/10
Palos Verdes High School
Public,•9-12•7.8mi

Price History

Date
Event
Price
05/30/24
Sold
$551,500
01/28/04
Sold
$445,000
06/26/02
Sold
$65,000
Condition Rating
Excellent
This property, built in 2003, is explicitly described as 'FULLY RENOVATED HOME' and 'newly renovated,' making it a turnkey property. Images confirm extensive updates including fresh paint, new LVP flooring and carpet, modern white kitchen cabinets, new stainless steel appliances (dishwasher, gas stove, built-in microwave), and recessed lighting throughout. The bathrooms are clean and updated, reflecting a recent and comprehensive renovation that brings the property to current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Comprehensive Renovation & Turnkey Condition: The property is described as 'FULLY RENOVATED' and 'turnkey,' indicating extensive updates and a move-in-ready state, minimizing immediate expenses for a new owner.
Modern Construction Year: Built in 2003, this home is significantly newer than many properties in the San Pedro area, suggesting more modern building standards and potentially fewer maintenance issues compared to older homes.
Versatile Layout with Income Potential: The ground floor features two bedrooms, a 3/4 bathroom, laundry, and a private entrance, making it ideal for guests, multi-generational living, or potential rental income generation.
Strategic Location & Local Amenities: Nestled in San Pedro's Barton Hill, the home offers excellent proximity to daily conveniences (Starbucks, markets), parks, and major attractions like the Port of Los Angeles, Vincent Thomas Bridge, and Cabrillo Beach.
Private Master Suite with Partial Views: The oversized master suite includes a full bathroom, a private balcony, and partial views of San Pedro Bay and Barton Hill, providing a desirable and peaceful retreat.

Cons

Overpriced Relative to Market Estimation: The current listing price of $950,000 is 8% above the estimated property value of $872,640, which may indicate it is priced aggressively compared to market expectations.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during warmer months in Southern California, potentially requiring a future investment for installation.
Tri-Level Layout & Smaller Lot Size: The tri-level design might not appeal to all buyers, particularly those seeking single-story living or easier accessibility. Additionally, the 4,046 sqft lot is on the smaller side for a single-family home, limiting outdoor space.

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