526 40th, San Pedro, CA 90731
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
526 40th,San Pedro, CA 90731
$1,899,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: keely mckeighan
Office: thompson team real estate, inc.
MLS#:SB26211391
Source:MLSListings
Price summary
- Price:$1,899,000
About this home
POINT FERMIN 3-UNIT RESIDENTIAL INCOME PROPERTY | $10,000/MONTH POTENTIAL Rare opportunity to own a fully permitted three-unit residential income property in desirable Point Fermin, San Pedro, just blocks from the Pacific. This coastal compound offers strong income potential, flexible living arrangements, abundant parking, and an upgraded primary residence on a private 6,101-square-foot lot. Projected gross rental income is $120,000 annually, offering an opportunity for investors, owner-users, multigenerational buyers, or anyone seeking to offset housing costs with rental income. The primary residence is a beautifully appointed Swiss Craftsman with an open floor plan, rich maple hardwood floors, an elegant living room with a gas fireplace, a formal dining area, and a chef's kitchen with custom soft-close cabinetry, quartz countertops, a bespoke island, and stainless-steel appliances. The spacious great room opens through a charming Dutch door to the private backyard. The luxurious primary suite features a private balcony, fireplace, oversized custom walk-in closet, and a spa-inspired bathroom with a clawfoot tub, walk-in shower, and chandelier. A dedicated laundry room with a washbasin adds convenience. The detached two-story structure provides two additional permitted residenti...
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Home facts
- Year built:2005
- Listing ID #:SB26211391
- Added:34 day(s) ago
- Updated:November 03, 2026 at 01:16 AM
Rooms and interior
- Kitchen Description:Dishwasher, Microwave, Pantry, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air, Fireplace
Structure and exterior
- Roof:Shingle
- Year built:2005
- Lot area:0.14 Acres
- Lot Features:Greenbelt, Mid Block
- Architectural Style:Craftsman
- Exterior Features:Automatic Sprinkler(s), Sprinklers - Front
- Foundation Description:Brick/Mortar Perimeter
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,899,000
Features and amenities
- Amenities:Balcony or Patio, Ceiling Fan(s), Window Covering(s)
Parking
- Parking description:Attached, Boat Dock, Garage, Gate / Door Opener, Guest Parking, Off-Site Parking, Other, RV Access, Room for Oversized Vehicle
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