Single-family home
Listing Agent: Jennette Toderick (DRE #01328809) · Listing Office: Century 21 Coastal Properties · Contact: c21union@gmail.com · Bought with: Cecilia Garcia · Century 21 Coastal Properties · MLS #SB26142333 · Source: CRMLS
561 W 3rd Street sold for $507,000 in August 2026, 3.4% under its $525,000 list price, after 14 days on the market. That works out to $556 per square foot on 912 square feet. Across 174 closed sales in 90731 over the last 12 months, the median sold price is $818,501 and the median is $578 per square foot, 4.0% above this sale's $556. 2-bedroom rentals in 90731 currently list at a median of $2,650 a month (12 listings).
| Quarter | Closed sales in 90731 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $747,500 |
| Q2 2026 | 71 | $830,000 |
| Q3 2026 | 82 | $816,001 |
| Q4 2026 | 11 | $860,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Pedro · Homes for sale in 90731
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.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90731, nearest first, last 12 months. All recent sales in San Pedro →