526 W 40th
San Pedro, CA 90731
Listing broker / agent: Thompson Team Real Estate, Inc. · Keely McKeighan · 310-883-3275 · CRMLS
MLS # SB26013293 · Last checked Oct 21, 2026 03:35 UTC
About this property
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.
Property details
- MLS number
- SB26013293
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 4 Beds • 3 Baths
- Living area
- 3,000 Sq Ft
- Lot size
- 0.1401 acres
- County
- Los Angeles
- Year built
- 2005
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 55
Building
- Year built
- 2005
- Year built source
- Assessor
- Architectural style
- Craftsman
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Brick, Copper Plumbing
- Roof
- Shingle
- Foundation
- Brick Mortar
- Condition
- Turnkey
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 3
Rooms & interior
- Main-level bedrooms
- 1
- Main-level bathrooms
- 1
- Rooms
- Bonus Room, Bedroom, Den, Game Room, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Dining Room
- Appliances
- Dishwasher, Gas Oven, Gas Water Heater, Microwave, Refrigerator
- Interior features
- Balcony, Breakfast Area, Ceiling Fans, Separate Formal Dining Room, Pantry, Quartz Counters, Storage, Bedroom On Main Level, Dressing Area, Walk In Closets
- Flooring
- Wood
- Heating
- Central, Fireplaces
- Cooling
- Central Air
- Fireplace
- Gas Starter, Living Room, Primary Bedroom
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup
- Accessibility features
- Parking
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Boat, Door Multi, Driveway, Garage, Garage Door Opener, Guest, Off Site, Oversized, Paved, Rv Access Parking, Garage Faces Side
- Attached garage
- No
- Pool
- None
- Spa
- None
- Patio / porch
- Covered, Porch
- Exterior features
- Lighting, Rain Gutters
- Lot features
- Zero To One Unit Acre, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinkler System
- Lot size source
- Assessor
- Fencing
- Good Condition
- Property outlook
- Neighborhood, Peek A Boo
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected
- Community features
- Curbs, Street Lights, Suburban, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- Middle / junior school
- Dana
- High school
- San Pedro
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Point Fermin Elementary (school website, opens in a new tab) Los Angeles Unified · San Pedro | K–5 | 0.4 mi |
| Angel's Gate (Continuation) (school website, opens in a new tab) Los Angeles Unified · San Pedro | 9–12 | 0.6 mi |
| White Point Elementary (school website, opens in a new tab) Los Angeles Unified · San Pedro | K–5 | 1.3 mi |
| Leland Street Elementary (school website, opens in a new tab) Los Angeles Unified · San Pedro | K–5 | 1.3 mi |
| Fifteenth Street Elementary (school website, opens in a new tab) Los Angeles Unified · San Pedro | K–5 | 1.5 mi |
| Richard Henry Dana Middle (school website, opens in a new tab) Los Angeles Unified · San Pedro | 6–8 | 1.6 mi |
| San Pedro Senior High (school website, opens in a new tab) Los Angeles Unified · San Pedro | 9–12 | 1.6 mi |
| Cabrillo Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · San Pedro | K–5 | 2.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,899,000
- MLS-reported original asking price
- $1,990,000
- MLS-reported previous asking price
- $1,999,000
- MLS-reported last price change
- 2026-09-14 19:30 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:40 | $1,899,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in San Pedro
Active residential homes for sale in San Pedro, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
18 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 04:09 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗