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661 W 26th Street, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 2 bath

661 W 26th Street, San Pedro, California 90731 home-pic-0
ACTIVE$860,000
661 W 26th Street, San Pedro, California 90731
3Beds
2Baths
1,184Sqft
5,407Lot

Price Vs. Estimate

The estimated value ($580,024.93) is $279,975.07 (32%) lower than the list price ($860,000). 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:
Substantial Overpricing: The current listing price of $860,000 is significantly higher than the estimated property value of $580,024.93 (a 32% difference), which may deter potential buyers and prolong market time.

Compared to the nearby listings

Price:$860.0K vs avg $860.0K (+$0)50%
Size:1,184 sqft vs avg 1,403 sqft33%
Price/sqft:$726 vs avg $65765%

More Insights

Built in 1923 (102 years old).
Condition: The property, built in 1923, is move-in ready and shows signs of recent significant updates. The laundry room and a second bathroom were built from the ground up approximately 6 years ago, aligning with the 'Good' criteria for extensive renovation within 5-15 years. The living areas feature clean laminate and hardwood flooring, and recessed lighting. While the kitchen has functional built-in appliances, its tile countertops and backsplash appear dated, suggesting an older renovation or style choice. However, this does not necessitate immediate renovation. The main bathroom includes a jetted spa tub and a more contemporary vanity. Overall, the home is well-maintained with minimal wear and tear, and key systems in renovated areas are within expected lifespans, justifying a 'Good' rating.
Year Built
1923
Close
-
List price
$860K
Original List price
$860K
Price/Sqft
$726
HOA
-
Days on market
-
Sold On
-
MLS number
DW24199985
Home ConditionGood
Features
Excellent View: Bridge(s), City Lights, Coastline, Harbor, Neighborhood, Ocean, Water
ViewBridge(s),City Lights,Coastline,Harbor,Neighborhood,Ocean,Water

About this home

VIEWS, VIEWS AND VIEWS!!! Welcome to the Hay House!, this delightful Ocean View Home with almost 1,200 Square Feet of Living Space in the Heart of San Pedro, CA. The Breathtaking Views can be appreciated through the Living Room, Kitchen and 2nd Bathroom windows!! This thoughtfully designed Home consists of 3 nicely sized Bedrooms, hardwood and laminated flooring, a Jack & Jill Bathroom between Bedroom 1 and 2 with a walk-in jetted spa bathtub. You enter into an ample and welcoming Living Room with laminated floors and large windows with mesmerizing views, a Gourmet cook's Kitchen with a built-in Cooktop, wall Oven and, did I say Stunning Views of the Harbor and Ocean? Last but not least this home features a Laundry Room and 2nd Bathroom built from the ground-up approximately 6 years ago, and a BASEMENT ideal for your stored toys and tools. This is one of the few double sized lots in the neighborhood, the possibilities for this home can be catered to any buyer! Entertain, build, or simply create a serene landscape for relaxation in the large backyard. Zoning for the property allows for the construction of a Casita sized ADU! This home is only minutes from Cabrillo Beach and Aquarium, 22nd Street Landing, the Marina and walking distance from the Korean Friendship Bell. You can wake up and enjoy a walk on the beach, explore the Point Fermin tide pools, fish off the Cabrillo Beach Pier, wind surfing, snorkeling, BBQ and so much more!!

Nearby schools

5/10
Leland Street Elementary School
Public,•K-6•0.7mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.8mi
7/10
White Point Elementary School
Public,•K-6•1.0mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.2mi
4/10
Seventh Street Elementary School
Public,•K-5•1.7mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.8mi
2/10
Barton Hill Elementary School
Public,•K-6•1.8mi
5/10
Bandini Street Elementary School
Public,•K-6•1.9mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.4mi
9/10
Park Western Place Elementary School
Public,•K-5•2.4mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.8mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.9mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•3.9mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•4.8mi
6/10
Harbor City Elementary School
Public,•K-5•5.1mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.7mi
8/10
Miraleste Intermediate School
Public,•6-8•3.0mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.4mi
6/10
Alexander Fleming Middle School
Public,•6-8•5.2mi
4/10
Hudson K-8
Public,•K-8•6.8mi
6/10
San Pedro Senior High School
Public,•9-12•0.8mi
5/10
Phineas Banning Senior High School
Public,•9-12•5.4mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•5.9mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.3mi
3/10
Cabrillo High School
Public,•9-12•6.7mi
8/10
Palos Verdes High School
Public,•9-12•8.5mi

Price History

Date
Event
Price
05/30/18
Sold
$530,000
Condition Rating
Good
The property, built in 1923, is move-in ready and shows signs of recent significant updates. The laundry room and a second bathroom were built from the ground up approximately 6 years ago, aligning with the 'Good' criteria for extensive renovation within 5-15 years. The living areas feature clean laminate and hardwood flooring, and recessed lighting. While the kitchen has functional built-in appliances, its tile countertops and backsplash appear dated, suggesting an older renovation or style choice. However, this does not necessitate immediate renovation. The main bathroom includes a jetted spa tub and a more contemporary vanity. Overall, the home is well-maintained with minimal wear and tear, and key systems in renovated areas are within expected lifespans, justifying a 'Good' rating.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Exceptional Panoramic Views: The property boasts breathtaking ocean, harbor, city lights, and bridge views from multiple rooms, significantly enhancing its desirability and market value.
Significant ADU Potential & Large Lot: Features a rare double-sized lot with zoning that permits the construction of a Casita-sized ADU, offering substantial value-add and potential for rental income or multi-generational living.
Prime Coastal Lifestyle Location: Strategically located minutes from Cabrillo Beach, the Marina, and local attractions like the Korean Friendship Bell, providing an active coastal lifestyle with convenient access to amenities.
Recent Functional Upgrades: Includes a recently built (approximately 6 years ago) laundry room and second bathroom, alongside a gourmet kitchen, indicating key functional areas have been updated for modern living.
Additional Storage & Unique Features: Benefits from a basement ideal for storage and tools, plus a unique Jack & Jill bathroom with a walk-in jetted spa bathtub, adding practical utility and a touch of luxury.

Cons

Substantial Overpricing: The current listing price of $860,000 is significantly higher than the estimated property value of $580,024.93 (a 32% difference), which may deter potential buyers and prolong market time.
Historic Property Age: Built in 1923, the home's age suggests potential for ongoing maintenance and updates to original systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as recently renovated.
Modest Interior Square Footage: With 1184 square feet for three bedrooms, the interior living space is relatively compact, which might be a consideration for buyers seeking more expansive rooms or a larger footprint.

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