RealKey
‪(213) 433-7766‬

950 W 5th Street, San Pedro, California 90731, San Pedro, 90731 - 2 bed, 1 bath

950 W 5th Street, San Pedro, California 90731 home-pic-0
ACTIVE UNDER CONTRACT$725,000
950 W 5th Street, San Pedro, California 90731
2Beds
1Bath
1,414Sqft
5,400Lot

Price Vs. Estimate

The estimated value ($725,000) is $0 (0%) lower than the list price ($725,000). This property may be overpriced.

Key pros and cons

Top Pros:
Development Potential: R2 zoning and a 5,400 sqft lot offer significant potential for expansion, ADUs, or new construction, appealing to developers and investors.
Top Cons:
Limited Bedrooms/Bathrooms: Only 2 bedrooms and 1 bathroom may not be sufficient for larger families or those seeking more space.

Compared to the nearby listings

Price:$725.0K vs avg $855.0K ($-130,000)27%
Size:1,414 sqft vs avg 1,415.5 sqft50%
Price/sqft:$513 vs avg $65219%

More Insights

Built in 1941 (84 years old).
Condition: The property was built in 1941 and appears to have had some updates, but the kitchen and bathroom show their age. While functional, they are not modern. The description mentions 'imagination ready property', suggesting it needs renovation. The presence of central air and solar are positives, but the overall condition points to a 'Fair' rating.
Year Built
1941
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
25482957
Home ConditionFair
Features
Pool
Patio
View-

About this home

Attention Investors, Developers, and Owner-Users looking for your next home in the highly sought after Holy Trinity neighborhood of San Pedro! Situated on a charming and quiet tree-lined street, the possibilities are truly endless with this R2 Zoned Lot to potentially expand with ADUs, renovate, or build your dream home! Current property features 2 bedrooms, 1 bathroom, 1,414 SQFT of living space, sparking pool, and a 5,400 SQFT Lot. A courtyard entry leads you into this imagination ready property featuring an open living room, dining area, and kitchen offering great natural light while boasting double sliding glass doors that open to the front grounds. There is a charming family room with wood beamed ceilings, a wall of windows, and built-in storage. Primary bedroom is highlighted by mirrored wardrobe closet and an attached sunroom that overlooks the rear grounds and pool. Other amenities include a large driveway with 2 car garage, central air & heat, and Solar (buyer to assume lease). Centrally located near restaurants, shopping, Averill Park, schools, historic downtown San Pedro, Palos Verdes, freeways, and so much more! Don't miss out on this rare opportunity at a great price.

Nearby schools

3/10
Cabrillo Avenue Elementary School
Public,•K-5•0.3mi
5/10
Bandini Street Elementary School
Public,•K-6•0.5mi
2/10
Barton Hill Elementary School
Public,•K-6•0.7mi
4/10
Seventh Street Elementary School
Public,•K-5•0.8mi
5/10
Fifteenth Street Elementary School
Public,•K-5•1.0mi
9/10
Park Western Place Elementary School
Public,•K-5•1.0mi
5/10
Leland Street Elementary School
Public,•K-6•1.0mi
5/10
Crestwood Street Elementary School
Public,•K-6•1.1mi
9/10
Taper Avenue Elementary School
Public,•K-5•1.5mi
7/10
White Point Elementary School
Public,•K-6•1.7mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.9mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.1mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•2.7mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•3.4mi
6/10
Harbor City Elementary School
Public,•K-5•3.7mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.7mi
8/10
Miraleste Intermediate School
Public,•6-8•1.8mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.0mi
6/10
Alexander Fleming Middle School
Public,•6-8•3.8mi
4/10
Hudson K-8
Public,•K-8•6.1mi
6/10
San Pedro Senior High School
Public,•9-12•0.6mi
5/10
Phineas Banning Senior High School
Public,•9-12•4.3mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•4.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•5.2mi
3/10
Cabrillo High School
Public,•9-12•6.0mi
8/10
Palos Verdes High School
Public,•9-12•7.5mi

Price History

Date
Event
Price
02/24/25
Sold
$753,000
Condition Rating
Fair
The property was built in 1941 and appears to have had some updates, but the kitchen and bathroom show their age. While functional, they are not modern. The description mentions 'imagination ready property', suggesting it needs renovation. The presence of central air and solar are positives, but the overall condition points to a 'Fair' rating.
Pros & Cons

Pros

Development Potential: R2 zoning and a 5,400 sqft lot offer significant potential for expansion, ADUs, or new construction, appealing to developers and investors.
Prime Location: Centrally located near restaurants, shopping, parks, schools, and freeways, providing convenient access to amenities and transportation.
Desirable Features: Includes a sparking pool, central air & heat, and solar panels (lease assumption), adding value and comfort for potential buyers.

Cons

Limited Bedrooms/Bathrooms: Only 2 bedrooms and 1 bathroom may not be sufficient for larger families or those seeking more space.
Renovation Needed: The property is described as 'imagination ready,' suggesting it may require renovations or updates to meet modern standards.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state