526 West 40th, San Pedro, CA 90731
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526 West 40th, San Pedro, CA 90731
526 West 40th, San Pedro, CA 90731
526 West 40th, San Pedro, CA 90731
526 West 40th, San Pedro, CA 90731
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Natasha Nicolakakis

Natasha Nicolakakis

Engel & Völkers

+1(818) 620-0797
Listed by Keely McKeighan • Unknown Office
$ 1,899,000
Est. payment /mo
Price Dropped by $100K

526 West 40th San Pedro, CA 90731

4 Beds

3 Baths

3,000 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $633

MLS Listing ID SB-26013293

Style Craftsman

Bedrooms 4

Full Baths 3

Year Built 2005

Lot Size 6,101 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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, 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 with 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 a bath complete with a 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 but could be used as another income-generating space for up to $ 1,000 in rent, helping reduce your mortgage even more, with a ¾ bath and secondary laundry hookups, ready to accommodate tenants, 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 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.

Location

State CA

County Los Angeles

Area 181 - Point Fermin

Interior

Interior Features Balcony, Ceiling Fan(s), Copper Plumbing Full, Pantry, Storage, Kitchen Island, Kitchen Open to Family Room, Quartz Counters, Self-Closing Cabinet Doors

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Wood

Fireplaces Type Gas Starter, Living Room, Master Bedroom

Laundry Electric Dryer Hookup, Gas & Electric Dryer Hookup

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Boat, Driveway

Garage Spaces 2.0

Pool None

Community Features Curbs, Sidewalks, Street Lights, Suburban

Utilities Available Sewer Connected, Electricity Connected

View Y/N Yes

View Peek-A-Boo

Building

Lot Description Sprinklers, Front Yard, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, 0-1 Unit/Acre

Sewer Public Sewer

Schools

Middle Schools Dana

High Schools San Pedro

Others

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Natasha Nicolakakis

Natasha Nicolakakis

Advisor

+1(818) 620-0797

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526 West 40th