1506 W 5th St, San Pedro, CA 90732 - View 1
1506 W 5th St, San Pedro, CA 90732 - View 2
1506 W 5th St, San Pedro, CA 90732 - View 3

1506 W 5th St, San Pedro, CA 90732

Sale Price: $720,000
May 17, 20251,700 sqft3 beds2 baths
Listed by: Kara Welliver
License #: 01358366
Phone #: 949-248-1888
Harcourts Prime Properties
Source:
CRMLS Logo
MLS #: PW25105442

Property Description

Live Auction! Bidding to start from $600,000! This charming San Pedro home has been lovingly held by the same family since 1956, offering a rare piece of local history. Originally built as a cozy 2-bedroom, 2-bathroom residence, the home was thoughtfully expanded approximately 35 years ago with the addition of a spacious family room and primary bedroom (buyer to verify permit). The single-level floor plan sits gracefully on an oversized lot, presenting an exceptional opportunity in today's market. Preserved in mostly original condition, the home features a vintage kitchen, classic bathrooms, and real hardwood floors currently protected beneath laminate—creating the perfect canvas for renovation while honoring its distinctive mid-century character. Step outside to discover a generously proportioned backyard that invites endless possibilities: summer entertaining, substantial home expansion, or addition of that dream swimming pool. The convenient pull-through garage, with its direct backyard access, provides the ideal setup for boat storage or enhanced outdoor accessibility. This property stands as a remarkable opportunity for buyers seeking to renovate and expand in a well-established neighborhood. With nearly seven decades of single-family ownership, this home now awaits its next chapter. Being sold in as-is condition with **CASH** purchase required, it's ready for new owners to reimagine its tremendous potential and transform it into their personal paradise. Submit an offer to stop the auction -- cash.
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

$10,773

TurboHome Estimated Value

$659,100

$388 sqft

High Valuation
$692,055
$407/sqft
Normal Valuation
$659,100
$388/sqft
Low Valuation
$626,145
$368/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$388/sqft$659,100

Neighborhood: San Pedro

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Comparative Value

$600K

$655K

$720K

$850K

$900K

1506 W 5th St, San Pedro, CA 90732

List Price: $600,000

Subject Property

1163 W 11th St 5, San Pedro, CA 90731

Sale Price: $655,000

Selected Comparable

1506 W 5th St, San Pedro, CA 90732

Sale Price: $720,000

Selected Comparable

1158 W 11th St B, San Pedro, CA 90731

Sale Price: $720,000

Selected Comparable

211 N Western Ave, San Pedro, CA 90732

Sale Price: $850,000

Selected Comparable

1173 W 2nd St, San Pedro, CA 90731

Sale Price: $899,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1506 W 5th St, San Pedro, CA 90732

1506 W 5th St, San Pedro, CA 90732

List: $600,000

Listed: 5/17/2025

Area:1,700 sqft
Price/sqft:$353
Beds:3
Baths:2
Year Built:
Lot Size:9,329

Comparable Properties

COMPARABLE
Choose comps
1506 W 5th St, San Pedro, CA 90732

1506 W 5th St, San Pedro, CA 90732

Sale: $720,000

7/25/20250.00 mi

Area:1,700 sqft
Price/sqft:$424
Beds:3
Baths:2
Year Built:
Weight:25.4%
211 N Western Ave, San Pedro, CA 90732

211 N Western Ave, San Pedro, CA 90732

Sale: $850,000

3/25/20250.37 mi

Area:1,635 sqft
Price/sqft:$520
Beds:3
Baths:2
Year Built:
Weight:22.2%
1158 W 11th St B, San Pedro, CA 90731

1158 W 11th St B, San Pedro, CA 90731

Sale: $720,000

11/8/20240.58 mi

Area:1,640 sqft
Price/sqft:$439
Beds:3
Baths:3
Year Built:
Weight:18.2%
1163 W 11th St 5, San Pedro, CA 90731

1163 W 11th St 5, San Pedro, CA 90731

Sale: $655,000

8/30/20240.61 mi

Area:1,576 sqft
Price/sqft:$416
Beds:3
Baths:3
Year Built:
Weight:17.3%
1173 W 2nd St, San Pedro, CA 90731

1173 W 2nd St, San Pedro, CA 90731

Sale: $899,500

4/23/20250.49 mi

Area:1,478 sqft
Price/sqft:$609
Beds:4
Baths:2
Year Built:
Weight:16.9%

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