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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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526 W 40th San Pedro, CA 90731
$1,899,000 4 beds, 3 baths
3, 000 sqft
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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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# SB26013293
List price is $1,899,000 Reduced by $100,000 on 9/15/2026
HOA Fee is $0.00
Beds: 4
Baths: 3 (3 full)
Gas Starter,Living Room,Primary Bedroom fireplaces
Built in 2005
3,000 sqft
2 stories
0.14 acres
Lot size: 0.1401
County: Los Angeles
Property style: Craftsman
Construction: Brick,Copper Plumbing
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)
Exterior features: Lighting,Rain Gutters
Appliances: Dishwasher,Gas Oven,Gas Water Heater,Microwave,Refrigerator
Parking description: Boat,Door-Multi,Driveway,Garage,Garage Door Opener,Guest,Off Site,Oversized,Paved,RV Access/Parking,Garage Faces Side
Lot description: ZeroToOneUnitAcre,Front Yard,Sprinklers In Rear,Sprinklers In Front,Lawn,Sprinkler System
Heating/cooling: Central Air
Heating description: Central,Fireplace(s)
MLS area: 181 - Point Fermin

Last Updated: 9/30/2026

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This listing belongs to the 181 - Point Fermin MLS area

The style of this listing is Craftsman.
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Lat/Long: 33.708119, -118.288650.
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Listing Agent: Keely McKeighan
Co Listing Agent: Joseph Nuzzolo
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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