811 W Oliver Street, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 2 bath
ACTIVE$864,800
811 W Oliver Street, San Pedro, California 90731
2Beds
2Baths
1,045Sqft
4,801Lot
Price Vs. Estimate
The estimated value ($575,757.355) is $289,042.645 (33%) lower than the list price ($864,800). 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:
Significant Overpricing Relative to Valuation: The current list price ($864,800) is substantially higher (33% above) the estimated property value ($575,757), which could deter potential buyers and prolong market time.
Compared to the nearby listings
Price:$864.8K vs avg $862.4K (+$2,400)50%
Size:1,045 sqft vs avg 1,403 sqft24%
Price/sqft:$828 vs avg $65786%
More Insights
Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone a full and extensive remodel, as explicitly stated in the description. Key upgrades include new plumbing, an EV-ready electrical panel, high-efficiency windows and doors, a new roof, and a high-efficiency mini-split system, indicating major system replacements. The interior features luxury vinyl plank flooring, quartz countertops, custom wood cabinetry, high-efficiency appliances, and recessed lighting in the renovated kitchen, all pointing to modern, virtually new components. The bathrooms are also fully remodeled. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with all components meeting current quality standards and no deferred maintenance.
Year Built
1924
Close
-
List price
$865K
Original List price
$959K
Price/Sqft
$828
HOA
-
Days on market
-
Sold On
-
MLS number
25506823
Home ConditionExcellent
Features
Good View: Bridge(s), City Lights, Ocean
Patio
ViewBridge(s),City Lights,Ocean
About this home
Nestled in the Bandini community of San Pedro, this fully remodeled 2-bedroom, 2-bathroom home with an additional flex space offers a perfect blend of modern upgrades and timeless appeal. Updated throughout, this property is designed for both comfort and efficiency.The open-concept interior features luxury vinyl plank flooring, quartz countertops, and custom wood cabinetry. The renovated kitchen includes high-efficiency appliances, recessed lighting, and pre-wired ceiling fans. Additional upgrades include new plumbing, an EV-ready electrical panel, high-efficiency windows and doors, a new roof, and a high-efficiency mini-split system for year-round comfort.Situated on a spacious lot, the outdoor area offers versatility whether for relaxation, entertaining, or potential ADU development. Located near Bandini Canyon Park, Point Fermin Park, and the LA Waterfront, with dining, shopping, and entertainment options just minutes away. The upcoming West Harbor development is set to bring new waterfront restaurants, shops, and entertainment, further enhancing the area's appeal. Nearby schools include White Point Elementary and Port of Los Angeles High. Convenient freeway access and the Vincent Thomas Bridge make commuting easy. No HOA. Don't miss this opportunity schedule a showing today!
Nearby schools
5/10
Bandini Street Elementary School
Public,•K-6•0.2mi
2/10
Barton Hill Elementary School
Public,•K-6•0.4mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.6mi
9/10
Park Western Place Elementary School
Public,•K-5•0.7mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.0mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.1mi
4/10
Seventh Street Elementary School
Public,•K-5•1.1mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.2mi
5/10
Leland Street Elementary School
Public,•K-6•1.5mi
7/10
White Point Elementary School
Public,•K-6•2.2mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.3mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.3mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•2.3mi
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•1.1mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•1.8mi
8/10
Miraleste Intermediate School
Public,•6-8•1.9mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.4mi
4/10
Hudson K-8
Public,•K-8•5.6mi
6/10
San Pedro Senior High School
Public,•9-12•1.1mi
5/10
Phineas Banning Senior High School
Public,•9-12•3.8mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.0mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.1mi
3/10
Cabrillo High School
Public,•9-12•5.6mi
8/10
Palos Verdes High School
Public,•9-12•7.6mi
Price History
Date
Event
Price
11/27/24
Sold
$650,000
05/14/24
Sold
$475,000
05/10/24
Sold
$445,000
Condition Rating
Excellent
Despite being built in 1924, this property has undergone a full and extensive remodel, as explicitly stated in the description. Key upgrades include new plumbing, an EV-ready electrical panel, high-efficiency windows and doors, a new roof, and a high-efficiency mini-split system, indicating major system replacements. The interior features luxury vinyl plank flooring, quartz countertops, custom wood cabinetry, high-efficiency appliances, and recessed lighting in the renovated kitchen, all pointing to modern, virtually new components. The bathrooms are also fully remodeled. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with all components meeting current quality standards and 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 Modern Renovation: The property has undergone a full remodel, including new plumbing, an EV-ready electrical panel, high-efficiency windows/doors, a new roof, and a high-efficiency mini-split system, ensuring modern comfort and efficiency.
Premium Interior Finishes: Features an open-concept layout with luxury vinyl plank flooring, quartz countertops, custom wood cabinetry, and a renovated kitchen with high-efficiency appliances.
Versatile Outdoor Space & ADU Potential: A spacious lot provides ample outdoor living space and significant potential for an Accessory Dwelling Unit (ADU) development, adding future value and flexibility.
Strategic Location with Growth Potential: Situated near major parks, the LA Waterfront, and the upcoming West Harbor development, offering convenient access to amenities and promising future appreciation.
Desirable Views: The property boasts attractive views of bridges, city lights, and the ocean, enhancing its aesthetic appeal and market value.
Cons
Significant Overpricing Relative to Valuation: The current list price ($864,800) is substantially higher (33% above) the estimated property value ($575,757), which could deter potential buyers and prolong market time.
Limited Interior Square Footage: At 1045 sqft, the home offers relatively compact living space for a 2-bedroom, potentially limiting its appeal to buyers seeking larger residences.
Age of Original Structure: Despite extensive renovations, the 1924 original build year might still present perceived concerns regarding the underlying structure or require specific historical considerations for some buyers.