ActiveResidential · sale

878 W 21st Street

San Pedro, CA 90731

$999,000

  • 3 beds
  • 2 baths
  • 1,202 sq ft
  • 0.12 acres
  • Built 1930

Listed by eXp Realty of Greater Los Angeles · MLS #26865107

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PROPERTY QUESTIONS & SHOWINGS

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878 W 21st Street, San Pedro, CA 90731 · MLS #26865107

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room flows under a broad arch into a glass-walled dining room, sliders spanning the entire rear wall, harbor light pouring in all afternoon.

Details worth a look

Roughly 400 square feet of Trex deck runs the back of the home, cable railing, string lights, natural gas plumbed to both the BBQ station and the fire table.

Year built

Built in 1930.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Most San Pedro homes give you a slice of the view. This one gives you the whole ridge. Set a full story above the street behind terraced stone planters of agave, aloe, and roses, this 1930 Spanish opens through a recessed arched porch into rooms that were built to look outward. From here the sightline runs over red tile rooftops to the LA Harbor, the working cranes, and the bridges beyond. Turn the other way and it is the Palos Verdes hills and a canopy of century-old Moreton Bay figs. Inside, the architecture is the real article. Coved ceilings, wide plaster archways, and a sculpted fireplace wall framed by two arched niches, the kind of detail no builder produces anymore. Warm Hardwood floors run throughout. A comprehensive renovation modernized everything behind the walls and left all of it alone: dual-pane Milgard windows, 200 amp panel, recessed LED, refinished stucco. The living room flows under a broad arch into a glass-walled dining room, sliders spanning the entire rear wall, harbor light pouring in all afternoon. Baths are done in handmade-look subway tile with backlit mirrors and patterned floors. The kitchen was rebuilt around the windows: custom cabinetry, quartz counters and full quartz backsplash, porcelain floors, stainless appliances, built-in wine rack, and a built-in desk with overhead storage placed exactly where the sightline is best. Then the sliders open and the house triples. Roughly 400 square feet of Trex deck runs the back of the home, cable railing, string lights, natural gas plumbed to both the BBQ station and the fire table. Beneath it, a heavy timber post-and-beam structure shelters a finished concrete patio that stays cool all afternoon and opens to a flat lawn. Behind the block wall, a separate lower terrace holds a stone fire pit ringed in seating, fenced and private. Four distinct places to sit outside before you count the front porch. And then the room nobody expects. Down the stairs is a full basement with its own access, painted by hand long ago: tall ships under stone arches, a stained-glass motif carried the length of the ceiling. In a town built by fishermen and longshoremen, in a house from 1930, it is not something you can manufacture. Studio, workshop, cellar, or the best-kept room on the block. Buyer to verify any conversion with the City. Three bedrooms, two baths, garage, and a front porch you will actually use. Downhill, West Harbor is opening: 42 acres, a mile of waterfront, a 6,200-seat Nederlander amphitheater, California's tallest observation wheel. In 2028 the Port of Los Angeles hosts Olympic sailing for the first time since 1932. The Warner Grand reopens after an $18 million restoration. Buyers have been betting on this waterfront for twenty years. That bet just paid.

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

878 W 21st Street, San Pedro, CA 90731

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1930
Full baths
2
Half baths
0
Garage spaces
1
Heating
Electric
Appliances
Dishwasher,Disposal,Microwave,Oven,Refrigerator,Dryer,Washer
Flooring
Wood
Pool
No
Pool features
None
Spa
No
Zoning
LAR1
Parcel
7462022014

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,162.50
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26865107 · California Regional MLS

Listing brokerage: eXp Realty of Greater Los Angeles
Listing agent: Justin Borges

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.