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576 W 11th Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath

576 W 11th Street, San Pedro, California 90731 home-pic-0
ACTIVE$1,099,000
576 W 11th Street, San Pedro, California 90731
0Bed
0Bath
2,300Sqft
6,751Lot
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$478
HOA
-
Days on market
-
Sold On
-
MLS number
PV25166350
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(50th), sqft - 2300(45th), beds - undefined(50th), baths - undefined(50th).

Tucked into one of the most sought-after areas near LA Harbor, this charming four-unit property presents a rare chance to own a piece of timeless income-generating real estate. Strategic location just moments from vibrant restaurants, boutique shopping, schools, and major transportation routes, yet the building itself offers a peaceful, well-kept retreat. Each of the four units is a 1-bedroom, 1-bath layout with plenty outdoor spaces and front patio, thoughtfully maintained and self-sufficient, creating a seamless experience for both residents and investors. The lot extends to a spacious rear area with four individual garages, providing convenience, potential storage income, or even the possibility of further development. The building radiates curb appeal, with manicured touches that hint at the care and pride poured into its upkeep. This property is more than just a solid investment, it's a promise for future growth. With steady income, room for value-add strategies, and an unbeatable location, it's the kind of opportunity that doesn’t knock twice.

Nearby schools

3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.4mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.4mi
2/10
Barton Hill Elementary School
Public,•K-6•0.8mi
5/10
Leland Street Elementary School
Public,•K-6•0.9mi
5/10
Bandini Street Elementary School
Public,•K-6•1.0mi
4/10
Seventh Street Elementary School
Public,•K-5•1.3mi
9/10
Park Western Place Elementary School
Public,•K-5•1.5mi
7/10
White Point Elementary School
Public,•K-6•1.7mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.7mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.0mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.1mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.6mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.9mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.9mi
6/10
Harbor City Elementary School
Public,•K-5•4.2mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.4mi
8/10
Miraleste Intermediate School
Public,•6-8•2.4mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.6mi
6/10
Alexander Fleming Middle School
Public,•6-8•4.3mi
4/10
Hudson K-8
Public,•K-8•6.0mi
6/10
San Pedro Senior High School
Public,•9-12•0.6mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.9mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.8mi
3/10
Cabrillo High School
Public,•9-12•5.9mi
8/10
Palos Verdes High School
Public,•9-12•8.1mi

Price History

Date
Event
Price
08/04/25
$1,099,000
03/08/11
Sold
$350,000
03/29/06
Sold
$575,000
Condition Rating
Fair
The property was built in 1950, making it 74 years old. While the exterior appears well-maintained with fresh paint, suggesting regular upkeep, the driveways show significant cracking. Crucially, no interior images are provided, preventing an assessment of the kitchen, bathrooms, appliances, flooring, or other internal systems. Given its age and the absence of any mentioned major recent renovations, it's highly probable that the interior components are outdated, even if functional. The property is described as 'well-kept' and 'charming,' indicating it's not in a 'poor' or 'tear-down' condition, but its age and lack of visible modern updates place it in the 'fair' category, suggesting it's aged but maintained, likely requiring minor updates to meet current standards.
Pros & Cons

Pros

Income-Generating Quadruplex: This four-unit property is explicitly positioned as a 'timeless income-generating real estate' with 'steady income,' offering a clear investment opportunity.
Strategic & Desirable Location: Located in a 'sought-after area near LA Harbor,' moments from vibrant restaurants, shopping, schools, and major transportation routes, enhancing tenant appeal and property value.
Value-Add & Development Potential: The spacious rear area with four individual garages offers potential for storage income or 'further development,' alongside 'room for value-add strategies.'
Well-Maintained & Curb Appeal: Described as a 'peaceful, well-kept retreat' with 'manicured touches' and radiating 'curb appeal,' suggesting pride of ownership and potentially lower immediate maintenance.
Individual Unit Features: Each 1-bedroom, 1-bath unit is 'self-sufficient' and includes 'plenty outdoor spaces and front patio,' a desirable feature for residents.

Cons

Age of Property: Built in 1950, the property's age suggests that major systems (plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring significant future capital expenditures despite current upkeep.
Limited Unit Mix: All four units are 1-bedroom, 1-bath, which may limit the diversity of the tenant pool and potential rental income compared to properties offering a mix of unit sizes.
Lack of Specific Financials: While highlighted as income-generating, the description does not provide specific rental income figures, expenses, or a cap rate, requiring further due diligence for a comprehensive investment analysis.

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