706 W 29th, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath
ACTIVE$5,000,000
706 W 29th, San Pedro, California 90731
2Beds
1Bath
914Sqft
4,991Lot
Year Built
1958
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$5,470
HOA
-
Days on market
-
Sold On
-
MLS number
OC25277487
Home ConditionFair
Features
Excellent View: Bridge(s), Catalina, City Lights, Harbor, Marina, Neighborhood, Ocean, Panoramic, Trees/Woods, Water
Patio
ViewBridge(s),Catalina,City Lights,Harbor,Marina,Neighborhood,Ocean,Panoramic,Trees/Woods,Water
About this home
We found 3 Cons,6 Pros. Rank: price - $5.00M(99th), sqft - 914(16th), beds - 2(34th), baths - 1(33th).
Discover the stunning Lighthouse of Point Fermin, a truly unique property perched on a private bluff in San Pedro. This exceptional home offers breathtaking, unobstructed views of the harbor, marina, Los Angeles port, lighthouse, and jetty from your own patio—an ideal setting for relaxing or working from home. Inside, you'll find two spacious bedrooms, a distinctive bathroom, and a beautifully appointed kitchen, all designed to create a one-of-a-kind living experience. This rare opportunity won’t last long, so don’t miss your chance to own this incredible home with daily panoramic vistas.
Nearby schools
5/10
Leland Street Elementary School
Public,•K-6•0.7mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.9mi
7/10
White Point Elementary School
Public,•K-6•1.0mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.4mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.8mi
4/10
Seventh Street Elementary School
Public,•K-5•1.8mi
2/10
Barton Hill Elementary School
Public,•K-6•2.0mi
5/10
Bandini Street Elementary School
Public,•K-6•2.0mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.5mi
9/10
Park Western Place Elementary School
Public,•K-5•2.5mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.9mi
9/10
Taper Avenue Elementary School
Public,•K-5•3.0mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•4.1mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•5.0mi
6/10
Harbor City Elementary School
Public,•K-5•5.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.9mi
8/10
Miraleste Intermediate School
Public,•6-8•3.1mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.5mi
6/10
Alexander Fleming Middle School
Public,•6-8•5.3mi
4/10
Hudson K-8
Public,•K-8•7.0mi
6/10
San Pedro Senior High School
Public,•9-12•1.0mi
5/10
Phineas Banning Senior High School
Public,•9-12•5.5mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•6.0mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.4mi
3/10
Cabrillo High School
Public,•9-12•6.8mi
8/10
Palos Verdes High School
Public,•9-12•8.5mi
Price History
Date
Event
Price
12/18/25
Listing
$5,000,000
04/01/05
Sold
$615,000
Condition Rating
Fair
The property, built in 1958, features a kitchen that, while functional, exhibits dated elements such as tiled countertops and older white appliances, suggesting a renovation 15-30 years ago rather than a recent update. Although the exterior appears well-maintained and the description highlights unique features and views, the interior, particularly the kitchen, shows signs of being outdated and would benefit from cosmetic updates to meet current standards. Without images of the bathroom, it's assumed to be in a similar condition.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Unrivaled Panoramic Views: The property offers breathtaking, unobstructed panoramic views of the harbor, marina, Los Angeles port, lighthouse, jetty, ocean, and city lights from its private blufftop location.
Exclusive & Unique Property: Described as a 'truly unique property' and a 'rare opportunity,' it provides a one-of-a-kind living experience due to its distinctive setting and features.
Prime Blufftop Location: Perched on a private bluff in Point Fermin, the property benefits from an elevated and secluded position that maximizes views and privacy.
Updated Kitchen: The home features a 'beautifully appointed kitchen,' indicating modern amenities and aesthetic appeal in a key living area.
Strong Investment Potential: The property has demonstrated significant historical appreciation, selling for $615,000 in 2005 and now listed at $5,000,000, highlighting its potential as a high-value asset.
Cons
Premium Price Point for Size: The $5,000,000 list price is exceptionally high for a 914 sqft, 2-bedroom, 1-bathroom residence, potentially limiting the buyer pool to a niche market.
Limited Living Space: With only 914 square feet, 2 bedrooms, and 1 bathroom, the property offers relatively small living quarters compared to typical homes in this price range.
Age of Structure: Built in 1958, the property's age may suggest potential for outdated systems or components beyond the updated kitchen, possibly requiring future maintenance or renovation investments.