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.
Bedrooms
2
Bathrooms
1
Square Feet
912
Lot Size
4,999 sqft
Year Built
1920
Property Type
Single Family Residence
Days on Market
1
HOA Fee
N/A
Garage Total
0
MLS #
SB26142333
Main Level Bedrooms
2
Main Level Bathrooms
1
Lot Features
Front Yard
Sewer
Public Sewer
Water Source
Public
Curbs, Hiking, Suburban
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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