2
Bedrooms
Sold for $525,000 · Aug 2026
SOLDListed at $690,000
San Pedro, CA
MLS# SB26117984
Susan Earnest
Listing Agent
Peninsula Realty, Inc.
DRE #: 01272987
Brokerage: Peninsula Realty, Inc.
2
Bedrooms
1
Bathrooms
840 sqft
Square Feet
1925
Year Built
5,001 sqft
Lot Size
$625
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Cash Offers Only...Opportunity knocks in San Pedro! Situated on a generous 5,000 sq. ft. street-to-alley lot with desirable LARD1.5 zoning, this fixer offers tremendous potential for investors, developers, or buyers looking to create their vision. The existing home features 2 bedrooms, 1 bathroom, and approximately 840 sq. ft. of living space. The lot configuration provides convenient access from both the street and alley, enhancing future possibilities. Property is being sold in its present condition and will require significant repairs; all-cash offers only due to condition. Whether you’re considering renovation, expansion, or exploring development opportunities, this property presents a rare chance to add value in a growing San Pedro location. Buyers are advised to independently verify zoning, development potential, and all property information with the appropriate agencies.
Listing description from the August 2026 sale, as reported to CRMLS.
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1 recorded sale
672 W 23rd sold for $525,000 in August 2026, 24% under its $690,000 list price, after 42 days on the market. It was first listed at $710,000. That works out to $625 per square foot on 840 square feet. Across 186 closed sales in 90731 over the last 12 months, the median sold price is $805,500 and the median is $579 per square foot, 7.4% below this sale's $625. 2-bedroom rentals in 90731 currently list at a median of $2,700 a month (9 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 | 23 | $750,000 |
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
Closed sales reported in 90731, nearest first, last 12 months. All recent sales in San Pedro →
672 W 23rd
Contact Susan Earnest
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Contact Listing Agent
Peninsula Realty, Inc.
DRE #01272987
Contact information is not available for this listing.