7 months on rocket

741 W Summerland Ave, San Pedro, CA, 90731

$579,000

Home List Price

$6,876*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
612 SqFt
$946/SqFt
House
Schools Nearby

Location

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741 W Summerland Ave, Los Angeles$579,000

Buyer Closing Credits

$6,876*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1925
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewBridge(s)
MLS #23310473
Lot Size0.05 Acres
StatusActive

About 741 W Summerland Ave

Price Improvement!!! An ideal entry-level home for a first-time home buyer with front door views of the Harbor and Vincent Thomas Bridge. Step inside and be greeted by fresh paint, new bedroom carpet and new kitchen granite countertops. As you venture outside, you'll discover a peaceful backyard oasis, perfect for relaxation and entertaining. If you're looking for a condo alternative with no HOA fees, allowing you the freedom to personalize and enjoy your property as you please. Don't miss out on this incredible opportunity to own the lowest priced move-in ready 2 bedroom single family home in San Pedro conveniently located near the 110/47 freeway and is minutes away from all the new entertainment developments coming in 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1925
  • Stories: 1
  • Living Area: 612 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Brandon Walls

Interior Features

Interior Information:

  • Flooring Type: Carpet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bridge(s)

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • San Pedro Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Rudecinda Sepulveda Dodson Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Bandini Street Elementary School, Public District Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Corner of Gaffey St & Summerland. West of Gaffey St

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,000
  • Price Per SqFt: $946/SqFt

Tax Information:

  • Annual Amount: $5,807
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

741 W Summerland Ave vs Los Angeles

231 DAYS ON ROCKET

+197 Days

$579,000

-$407.4K Less

$946/SqFt

+$314 More

KEY TAKEAWAY

This property is $407.4K less than the Median Sold Price and $314/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23310473

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Brandon Walls

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 5:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2020Home Sold
$485,000
Oct 03, 2019Home Sold
$366,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,807$490,023
2020$349$366,000
2019$329$18,840
2018$321$18,471
2017$321$18,110

History based on county public records data.

Payment Calculator

$2,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,802

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4561609
3
/10

  • Bandini Street Elementary School

  • 425 N Bandini St

  • 0.36 miles

  • Public District Grades KG-6

school-card-donut-4561610
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 2.31 miles

  • Public Magnet Grades KG-5

school-card-donut-4561611
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 23.46 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4561612
9
/10

  • Rudecinda Sepulveda Dodson Middle School

  • 28014 S Montereina Dr

  • 1.80 miles

  • Public Magnet Grades 6-8

school-card-donut-4561613
4
/10

  • Studio

  • 2211 W Avenue 30

  • 24.89 miles

  • Public District Grades 6-8

High School

school-card-donut-4561614
5
/10

  • San Pedro Senior High School

  • 1001 W 15th St

  • 1.24 miles

  • Public Magnet Grades 9-12

school-card-donut-4561615
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 20.58 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,851. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 741 W Summerland Ave

What is the listing price of this property?

The listing price of 741 W Summerland Ave property is $579,000.

What type of property is this?

The property 741 W Summerland Ave is a house located in San Pedro, California, 90731.

Is this property for sale now?

Active Listing: 741 W Summerland Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 741 W Summerland Ave are:
Bandini Street Elementary School: GreatSchools Rating 3/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Rudecinda Sepulveda Dodson Middle School: GreatSchools Rating 9/10
Studio: GreatSchools Rating 4/10
San Pedro Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,807 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 16, 2020 for $485,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 741 W Summerland Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 741 W Summerland Ave is 612 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 741 W Summerland Ave is 1925.

Rocket Homes›California›Los Angeles County›Los Angeles›90731›741 W Summerland Ave

This home is located at 741 W Summerland Ave in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This 612 square foot home, which was built in 1925, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $579,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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