586 W 1st Street, San Pedro, California 90731, San Pedro, 90731 - bed, bath
ACTIVE$899,000
586 W 1st Street, San Pedro, California 90731
0Bed
0Bath
3,428Sqft
4,502Lot
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:
Historic Property Age: Built in 1917, the property is over a century old, suggesting a high likelihood of requiring significant investment in updating major systems (e.g., plumbing, electrical) and addressing potential structural or cosmetic wear.
Compared to the nearby listings
Price:$899.0K vs avg $1.06M ($-165,500)31%
Size:3,428 sqft vs avg 2,387.5 sqft67%
Price/sqft:$262 vs avg $41910%
More Insights
Built in 1917 (108 years old).
Condition: Built in 1917, this property is over a century old. While some cosmetic updates like fresh paint and laminate flooring are visible in the living areas and bedrooms, the bathroom features dated tile work (likely 15-30 years old) and a basic fixture. The absence of kitchen images, coupled with the property's age and dated bathroom, strongly suggests the kitchen is also outdated and would require significant renovation. The property analysis also indicates a high likelihood of needing substantial investment in updating major systems (plumbing, electrical) due to its historic age. These factors point to a need for substantial repairs and rehabilitation beyond minor cosmetic updates.
Year Built
1917
Close
-
List price
$899K
Original List price
$1.3M
Price/Sqft
$262
HOA
-
Days on market
-
Sold On
-
MLS number
DW25084227
Home ConditionPoor
Features
Good View:
Deck
View
About this home
Coner Duplex Opportunity on 1st Street and Grand Avenue. Adresses: 586 W 1st Street & 596 W 1st Street . This well-located duplex sits on a corner lot and includes two spacious units, each offering 3 bedrooms and 2 bathrooms, a living room,kitchen,laundry room, private balcony and one assigned parking space.
Nearby schools
2/10
Barton Hill Elementary School
Public,•K-6•0.2mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.5mi
5/10
Bandini Street Elementary School
Public,•K-6•0.6mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.9mi
9/10
Park Western Place Elementary School
Public,•K-5•1.1mi
4/10
Seventh Street Elementary School
Public,•K-5•1.3mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.4mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.4mi
5/10
Leland Street Elementary School
Public,•K-6•1.4mi
7/10
White Point Elementary School
Public,•K-6•2.2mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.3mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.4mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.5mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.4mi
6/10
Harbor City Elementary School
Public,•K-5•3.6mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.9mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.1mi
8/10
Miraleste Intermediate School
Public,•6-8•2.2mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.7mi
4/10
Hudson K-8
Public,•K-8•5.6mi
6/10
San Pedro Senior High School
Public,•9-12•1.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•3.9mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.3mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.5mi
3/10
Cabrillo High School
Public,•9-12•5.5mi
8/10
Palos Verdes High School
Public,•9-12•7.9mi
Price History
Date
Event
Price
11/22/99
Sold
$110,000
Condition Rating
Poor
Built in 1917, this property is over a century old. While some cosmetic updates like fresh paint and laminate flooring are visible in the living areas and bedrooms, the bathroom features dated tile work (likely 15-30 years old) and a basic fixture. The absence of kitchen images, coupled with the property's age and dated bathroom, strongly suggests the kitchen is also outdated and would require significant renovation. The property analysis also indicates a high likelihood of needing substantial investment in updating major systems (plumbing, electrical) due to its historic age. These factors point to a need for substantial repairs and rehabilitation beyond minor cosmetic updates.
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: The property is a duplex featuring two spacious 3-bedroom, 2-bathroom units, presenting a strong opportunity for rental income or owner-occupancy with supplementary income.
Prime Corner Lot Location: Situated on a corner lot, the property benefits from enhanced visibility, increased natural light, and potentially greater privacy compared to interior lots.
Attractive Unit Features: Each unit is well-equipped with essential amenities including a living room, kitchen, laundry room, private balcony, and an assigned parking space, appealing to a broad tenant base.
Significant Price Adjustment: The property has undergone a substantial price reduction from its original listing, indicating a motivated seller and a potential opportunity for buyers to acquire it at a more competitive price point.
Access to Quality Education: The location offers proximity to several highly-rated public schools, making it an appealing factor for families with school-aged children.
Cons
Historic Property Age: Built in 1917, the property is over a century old, suggesting a high likelihood of requiring significant investment in updating major systems (e.g., plumbing, electrical) and addressing potential structural or cosmetic wear.
Unspecified Condition/Renovations: The listing description does not detail any recent renovations or the current condition of the interiors and systems, implying potential for outdated features and deferred maintenance that would require additional capital expenditure.
Limited Parking Provision: With only one assigned parking space per 3-bedroom unit, parking may be insufficient for tenants with multiple vehicles or guests, potentially impacting rental appeal and convenience.