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Sold for $507,000
  • Listed by: Century 21 Coastal Properties • Jennette Toderick • Contact: c21union@gmail.com
    Bought with: Century 21 Coastal Properties
    $507,000

    561 W 3rd St, San Pedro, CA 90731

    2beds
    912sqft
    Single Family Residence
    Built in 1920
    4,999 Square Feet Lot
    $507,000 Zestimate®
    $556/sqft
    $2,761 Estimated rent

    Home value

    $507,000

    $461,000 - $558,000

    $2,761/mo

    Zestimate® history
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    $3,288/mo

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    What's special

    First time on the market! This charming San Pedro home has been lovingly held by the same family and presents a rare opportunity for homeowners, investors, and developers alike. Situated on a huge R-2 zoned lot, this 2-bedroom, 1-bath home offers approximately 912 square feet of living space and endless potential. The home features a functional floor plan awaiting your vision, and a long driveway providing ample off-street parking. The expansive lot creates incredible possibilities for expansion, an ADU, additional units (buyer to verify with the city), or redevelopment opportunities. Whether you're looking to restore and personalize this original home, create additional income potential, or develop the property to maximize its R-2 zoning, the possibilities are truly exciting. Conveniently located near schools, shopping, dining, parks, and the Port of Los Angeles, this is an exceptional opportunity in the heart of San Pedro. Properties with this much potential and first-time-on-the-market history rarely become available. Don't miss your chance to unlock the possibilities at 561 W. 3rd Street.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennette Toderick DRE #01328809 c21union@gmail.com,

    Century 21 Coastal Properties

    Bought with:

    Cecilia Garcia, DRE #02080329

    Century 21 Coastal Properties

    Source: CRMLS,MLS#: SB26142333MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Basement
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Basement: Utility
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 912 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 4,999 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 7451018006
    • Zoning: LAR2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Condition
    • Fixer,Repairs Major
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Hiking, Suburban
    Location
    • Region: San Pedro

    Financial & listing details

    • Price per square foot: $556/sqft
    • Tax assessed value: $34,687
    • Date on market: 6/30/2026
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Submit

    Price history

    DateEventPrice
    8/21/2026Sold$507,000-3.4%$556/sqft
    Source: CRMLS #SB26142333 Report a problem
    7/15/2026Pending sale$525,000$576/sqft
    Source: CRMLS #SB26142333 Report a problem
    6/30/2026Listed for sale$525,000$576/sqft
    Source: CRMLS #SB26142333 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $34,687 +2%
    2025$618 +0.2%$34,010 +2%
    2024$617 +1.3%$33,344 +2%
    2023$609 +4.1%$32,691 -88.2%
    2022$585 -82.8%$278,185 +2%
    2021$3,410 +593.9%$272,731 +776.9%
    2020$491 $31,102 +2%
    2019$491 +22.5%$30,493 +2%
    2018$401 $29,896 +2%
    2017$401 +2.9%$29,311 +2%
    2016$390 +5.6%$28,737 +1.5%
    2015$369 +3.6%$28,306 +2%
    2014$356 $27,752 +2.5%
    2012-- $27,087 +2%
    2011-- $26,557 +0.7%
    2010-- $26,360 -0.2%
    2009-- $26,423 +2%
    2008-- $25,906 +2%
    2007-- $25,399 +2%
    2006-- $24,902
    2005-- $24,902 +4%
    2004-- $23,936 +1.9%
    2003-- $23,498 +2%
    2002-- $23,038 +4%
    2000-- $22,145
    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $507,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $507,000