35
Map
$1,100,000
●
House -
For Sale
1620 Morse Drive
San Pedro, CA 90732
3 Beds
1 Bath
2,384 Ft²
$5,402
Est. Monthly
About This Property
Fixer on the Hill with Outstanding Views
Located in one of San Pedro's popular neighborhoods, South Shores, this 3-bedroom, 2-bathroom home offers incredible potential and breathtaking views of the ocean, city, and mountains. With a spacious open floor plan, this property is ready for a new owner to restore its original charm.
The generous living spaces feature two fireplaces, one in the living room and another in the family room, creating warm and inviting gathering areas. The galley kitchen includes a convenient breakfast area, while the spacious patio provides the perfect setting to relax, entertain, and take in the panoramic views.
Additional highlights include a two-car garage with direct access to the home and plenty of space to customize and make the property your own.
This is a wonderful opportunity for someone with vision to transform a classic South Shores home into a beautiful coastal retreat while taking full advantage of its exceptional location and spectacular views.
Located in one of San Pedro's popular neighborhoods, South Shores, this 3-bedroom, 2-bathroom home offers incredible potential and breathtaking views of the ocean, city, and mountains. With a spacious open floor plan, this property is ready for a new owner to restore its original charm.
The generous living spaces feature two fireplaces, one in the living room and another in the family room, creating warm and inviting gathering areas. The galley kitchen includes a convenient breakfast area, while the spacious patio provides the perfect setting to relax, entertain, and take in the panoramic views.
Additional highlights include a two-car garage with direct access to the home and plenty of space to customize and make the property your own.
This is a wonderful opportunity for someone with vision to transform a classic South Shores home into a beautiful coastal retreat while taking full advantage of its exceptional location and spectacular views.
Unit Size
2,384 Ft²
Days on Market
38 days
Land Size
0.29 acres
Price per sqft
$461
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 days ago (CRMLS #PV26198462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Relisted | $1,100,000 | |
| Relisted | |||
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Relisted | $1,100,000 | |
| Relisted | |||
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Listed by Estate Properties | $1,100,000 | |
| Listed by Estate Properties | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Driveway, Garage, On Street, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Balcony, BreakfastArea, SeparateFormalDiningRoom, GalleyKitchen
Flooring Type: Tile, Wood
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room, Living Room
Exterior Details
Square Footage: 2384
Square Footage Source: $0
Property Condition: Fixer
Year Built Source: Assessor
Year Built: 1959
Levels: Two
Patio and Porch Features: Wood
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 12490
Lot Size Units: Square Feet
Lot Size Acres: 0.2867
Lot Size Square Feet: 12490
Lot Size Dimensions: 12490
Tax Lot: 13
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harbor
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Listed by: Anthony Todora, Estate Properties
Last Updated: 6 days ago
Data Source: CRMLS, MLS# PV26198462
Last Updated: 6 days ago
Data Source: CRMLS, MLS# PV26198462
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