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964 W 5th St, San Pedro, CA 90731

Sale Price: $599,000
Apr 15, 2025995 sqft3 beds1 baths
Listed by: Melissa McLean
License #: 01300556
Phone #: 310-291-5273
Estate Properties
Source:
CRMLS Logo
MLS #: PV25082731

Property Description

Located in San Pedro’s historic La Rambla neighborhood, this 1953 fixer offers a rare opportunity to restore or reimagine a true original. Set on a generous 6,200 sq ft R2-zoned lot, it has excellent potential for expansion, an ADU, or a complete transformation. This project-ready home features three bedrooms, a living room with a fireplace, an eat-in kitchen, a separate laundry room, and spacious front and back yards—providing strong indoor-outdoor potential and room to grow. Constructed of block and “tilt-up” construction, the home could lend itself well to a thoughtful renovation - a canvas for a mid-century feel, with clean lines and a solid, minimalist design. The neighborhood is poised to benefit from the $200 million West Harbor waterfront redevelopment, bringing new energy, dining, and entertainment to the area. Just minutes from beaches, coastal parks, and blufftop trails, this location also offers easy access to major freeways, connecting you to Downtown San Pedro, the South Bay, Long Beach, and surrounding communities with excellent proximity to employment centers, transit, schools, and daily amenities.Whether you're an investor, builder, or buyer with vision, this fixer offers flexibility, character, and upside in one of Southern California’s most authentic seaside communities.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,629

TurboHome Estimated Value

$653,800

$657 sqft

High Valuation
$686,490
$690/sqft
Normal Valuation
$653,800
$657/sqft
Low Valuation
$621,110
$624/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$657/sqft$653,800

Neighborhood: San Pedro

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Comparative Value

$599K

$679K

$745K

$845K

964 W 5th St, San Pedro, CA 90731

List Price: $599,000

Subject Property

964 W 5th St, San Pedro, CA 90731

Sale Price: $599,000

Selected Comparable

791 W 2nd St, San Pedro, CA 90731

Sale Price: $679,000

Selected Comparable

871 W 2nd St, San Pedro, CA 90731

Sale Price: $745,000

Selected Comparable

1047 Meramec Ave, San Pedro, CA 90731

Sale Price: $750,000

Selected Comparable

1196 W 3rd St, San Pedro, CA 90731

Sale Price: $845,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
964 W 5th St, San Pedro, CA 90731

964 W 5th St, San Pedro, CA 90731

List: $599,000

Listed: 4/15/2025

Area:995 sqft
Price/sqft:$602
Beds:3
Baths:1
Year Built:
Lot Size:6,251

Comparable Properties

COMPARABLE
Choose comps
964 W 5th St, San Pedro, CA 90731

964 W 5th St, San Pedro, CA 90731

Sale: $599,000

6/30/20250.00 mi

Area:995 sqft
Price/sqft:$602
Beds:3
Baths:1
Year Built:
Weight:23.7%
791 W 2nd St, San Pedro, CA 90731

791 W 2nd St, San Pedro, CA 90731

Sale: $679,000

8/5/20250.28 mi

Area:1,026 sqft
Price/sqft:$662
Beds:3
Baths:2
Year Built:
Weight:20.6%
1196 W 3rd St, San Pedro, CA 90731

1196 W 3rd St, San Pedro, CA 90731

Sale: $845,000

5/20/20250.24 mi

Area:1,214 sqft
Price/sqft:$696
Beds:3
Baths:1
Year Built:
Weight:19.3%
871 W 2nd St, San Pedro, CA 90731

871 W 2nd St, San Pedro, CA 90731

Sale: $745,000

2/19/20250.20 mi

Area:1,073 sqft
Price/sqft:$694
Beds:3
Baths:2
Year Built:
Weight:18.4%
1047 Meramec Ave, San Pedro, CA 90731

1047 Meramec Ave, San Pedro, CA 90731

Sale: $750,000

8/28/20240.28 mi

Area:980 sqft
Price/sqft:$765
Beds:3
Baths:2
Year Built:
Weight:18.1%

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