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$720,000
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Property Description
Live Auction! Bidding to start from $600,000! This charming San Pedro home has been lovingly held by the same family since 1956, offering a rare piece of local history.
Originally built as a cozy 2-bedroom, 2-bathroom residence, the home was thoughtfully expanded approximately 35 years ago with the addition of a spacious family room and primary bedroom (buyer to verify permit).
The single-level floor plan sits gracefully on an oversized lot, presenting an exceptional opportunity in today's market. Preserved in mostly original condition, the home features a vintage kitchen, classic bathrooms, and real hardwood floors currently protected beneath laminate-creating the perfect canvas for renovation while honoring its distinctive mid-century character.
Step outside to discover a generously proportioned backyard that invites endless possibilities: summer entertaining, substantial home expansion, or addition of that dream swimming pool. The convenient pull-through garage, with its direct backyard access, provides the ideal setup for boat storage or enhanced outdoor accessibility.
This property stands as a remarkable opportunity for buyers seeking to renovate and expand in a well-established neighborhood. With nearly seven decades of single-family ownership, this home now awaits its next chapter. Being sold in as-is condition with **CASH** purchase required, it's ready for new owners to reimagine its tremendous potential and transform it into their personal paradise. Submit an offer to stop the auction -- cash.
Full Property Details
Full Property Details for 1506 W 5th St
General
- Sold For: $720,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: PW25105442
- Added to Site: 244 day(s) ago
Interior
- Rooms/Areas: Family Room, Kitchen, Laundry, Living Room, Primary Bedroom
- Interior Features: Built-in Features, Ceiling Fan(s), Copper Plumbing (Partial), Tile Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: L-Shaped Dining Area
- Appliances: Dishwasher, Gas Range, Vented Exhaust Fan, Water Heater
- Flooring: Carpet, Laminate, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway Up Slope From Street, Garage, Garage (Single Door)
Location
- County: Los Angeles
- Driving Directions: S Western Ave, Turn left at the 1st cross street onto S Weymouth Ave, Turn right onto W 5th St
School Information
- School District: Los Angeles Unified
- Elementary School: 7THST
- Middle School: DANA
- High School: SANPED
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Combination, Raised, Slab
- Roof: Composition, Rolled/Hot Mop
- Common Walls: No Common Walls
- Windows: Double-Pane Windows, Skylight(s)
- Disability Access: No Interior Steps
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,700
- Sq. Ft. Source: Seller
- Year Built: 1956
- Year Built Source: Public Records
- Property Condition: Fixer
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.2142
- Lot Size Source: Assessor
- Lot Dimensions: 85 x 110
- Zoning: LAR1
- Lot Description: Corner Lot, Cul-de-Sac, Slopes Up from Street, Yard
- Fencing (Description): Wood
Green Features
- Walk Score: 64
Financial Considerations
- Price Per Sq. Ft.: $423.53
Disclosures and Reports
- Special Conditions: Auction
Listed by Harcourts Prime Properties, Kara Welliver
Sold by Douglas Elliman of California, Inc., Lehoa Gacki
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Schools
Schools serving 1506 W 5th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Seventh Street Elementary School 1570 W. Seventh St., Los Angeles, CA 90732 | K-5 | 0.1 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 1.1 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1506 W 5th St
Date
Details
Price
Change
Source
7/25/2025
Sold
$720,000
20%
MLS
5/17/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1506 W 5th Street, San Pedro, CA 90732 (MLS# PW25105442) is a Single Family property that was sold at $720,000 on July 25, 2025. Want to learn more about 1506 W 5th Street? Do you have questions about finding other Single Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

