1 Bed
1 Bath
950 SqFt
1 Bed
1 Bath
950 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 950 sqft
Price per Sqft $1,000
MLS Listing ID PW26149569
Bedrooms 1
Full Baths 1
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1952
Lot Size 6,499 Sqft
Property Sub-Type Single Family Residence
Property Description
From the moment you arrive, you'll appreciate the OCEAN VIEWS from the front of the property and the cool COASTAL BREEZES that define the Point Fermin lifestyle. The expansive rear portion of the lot also enjoys OCEAN VIEWS, creating an exceptional opportunity to thoughtfully design future improvements that further enhance VIEW CORRIDORS and maximize the property's remarkable COASTAL SETTING (Buyer to verify all development possibilities with the City of Los Angeles.) Unlike a VACANT LAND ACQUISITION, the existing residence provides immediate flexibility as a PRIMARY RESIDENCE, RENTAL PROPERTY, or HOLDING ASSET while redevelopment plans are explored. Whether your vision is to create LUXURY COASTAL RESIDENCES, a MULTIGENERATIONAL FAMILY COMPOUND, or a LONG-TERM INVESTMENT, the generous lot size, favorable R2 ZONING, and existing improvements provide multiple pathways to LASTING VALUE. Ideally situated just moments from POINT FERMIN PARK, CABRILLO BEACH, ROYAL PALMS BEACH, CABRILLO MARINA, the KOREAN FRIENDSHIP BELL, and the transformative WEST HARBOR WATERFRONT REDEVELOPMENT, the property is positioned to benefit from billions of dollars in public and private investment that continue to reshape SAN PEDRO into one of Southern California's premier coastal destinations. Whether you're a DEVELOPER, INVESTOR, BUILDER, or OWNER-USER with a long-term vision, this is more than the purchase of a home; it's the opportunity to secure an irreplaceable COASTAL PROPERTY in one of Los Angeles' most SUPPLY-CONSTRAINED WATERFRONT NEIGHBORHOODS. Please note: The enclosed patio/sunroom is currently being utilized as a 2nd bedroom. Please refer to the attached Offering Memorandum supplement for additional property information, including a link to city documents.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Rooms
Other Rooms Storage, Workshop
Basement Utility
Main Level Bedrooms 1
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Block Walls, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Open Floorplan, Recessed Lighting, Bedroom on Main Level, Workshop
Heating Electric
Cooling None
Flooring Tile, Wood
Fireplaces Type Electric, Living Room
Fireplace Yes
Appliance Dishwasher, Gas Range, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen, Laundry Room
Exterior
Parking Features Driveway, Garage Faces Front, Garage, Tandem
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Dog Park, Hiking, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Ocean
Porch Front Porch, Porch, Stone, Tile, Wrap Around
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard, Front Yard, Landscaped, Value In Land, Yard
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories One
Additional Building Storage, Workshop
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 7467012040
Security Features Fire Detection System,Smoke Detector(s)
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Virtual Tour https://www.wellcomemat.com/mls/56im45183ec41mn6h
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