526 W 40th, San Pedro, CA 90731

$1,899,000
4
BD
3
BA
3,000
SqFt

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List Price
$1,899,000
Price Change
▼ $100,000 1789458082
Status
ACTIVE
MLS#
SB26013293
Year Built
2005
Bedrooms
4
Bathrooms
3
Living Sq. Ft
3,000
Lot Size
6,101
Acres
0.14
Lot Location
0-1 Unit/Acre, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinkler System
Days on Market
26
Property Type
Single Family Residential
Style
Craftsman
Property Sub Type
Single Family Residence
Stories
Two Levels

Property Description

Coastal luxury meets exceptional versatility in this meticulously upgraded Swiss Craftsman compound, ideally situated in the coveted Point Fermin neighborhood of San Pedro. Set on a private 6,101-square-foot lot just blocks from the Pacific, this custom-built 2005 estate offers an extraordinary combination of refined interiors, privacy, income potential, and abundant parking. The beautifully appointed main residence features an open and inviting floor plan with rich maple hardwood floors, an elegant living room with a gas fireplace, a formal dining area, and a stunning chef’s kitchen showcasing custom soft-close cabinetry, quartz countertops, a bespoke island, and stainless-steel appliances. A spacious great room extends effortlessly through a charming Dutch door to the private backyard, creating an exceptional indoor-outdoor setting for entertaining and everyday living. The luxurious primary suite offers a private balcony, fireplace, oversized custom walk-in closet, and spa-inspired bath complete with a classic clawfoot tub, walk-in shower, and statement chandelier. A dedicated laundry room with a washbasin adds convenience on the bedroom level. Beyond the main residence, discover an exceptional detached two-story structure with permitted living spaces—an especially valuable feature for multigenerational living, guests, a home office, or additional income. The approximately 500-square-foot upper studio with a full bath is currently rented for $1,850 per month, providing immediate rental income. The tenants are month-to-month if you're looking to use the space for family or friends. The lower level is currently vacant and offers comfortable in-law quarters with a ¾ bath and secondary laundry hookups, ready to accommodate extended family, guests, or other lifestyle needs. The secluded grounds are designed for effortless entertaining, with lush ivy-covered walls, built-in outdoor seating, and a professional-grade gas BBQ. Parking is exceptionally generous, with a deep driveway for three vehicles, plus an oversized detached two-car garage with alley access and additional room for a boat or RV. Located moments from Cabrillo Beach, the Korean Friendship Bell, Point Fermin Park, and scenic coastal trails, this is more than a home—it is a private coastal compound offering space, flexibility, and income potential, with the versatility to accommodate the way you live today and the possibilities of tomorrow.

Additional Information

Other Buildings
Guest House Detached
Appliances
Dishwasher, Gas Oven, Gas Water Heater, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Gas Starter, Living Room, Primary Bedroom
Heat
Central, Fireplace(s)
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood, Peek-A-Boo
Exterior Construction
Brick, Copper Plumbing
Patio
Covered, Porch
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Middle School
Dana
High School
San Pedro
Interior Features
Balcony, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Pantry, Quartz Counters, Storage, Bedroom on Main Level, Dressing Area, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Keely McKeighan (Keely_Mckeighan@yahoo.com) from Listing Office: Thompson Team Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.