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.
For sale
Listed by: Century 21 Coastal Properties • Jennette Toderick • Contact: 310-793-3338
$525,000
561 W 3rd St, San Pedro, CA 90731
2beds
912sqft
Single Family Residence
Built in 1920
4,999 Square Feet Lot
$520,800 Zestimate®
$576/sqft
$-- HOA
What's special
- 7 days |
- 901 |
- 48 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jennette Toderick DRE #01328809 c21union@gmail.com,
Century 21 Coastal Properties
Source: CRMLS,MLS#: SB26142333
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
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
- Has view: Yes
- View description: 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: $576/sqft
- Tax assessed value: $34,010
- Annual tax amount: $618
- Date on market: 6/30/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Submit
Estimated market value
$520,800
$495,000 - $547,000
$2,950/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $525,000$576/sqft |
Source:  CRMLS #SB26142333 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | -- | $22,145 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: San Pedro
Nearby schools
GreatSchools rating
- 9/10Cabrillo Avenue Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 1 mi
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