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526 West 40th, San Pedro, CA 90731

$1.90M4bd · 3ba · 3,000 sqft
Lot 6,101 sqft•Single Family Residence•
Active
•142d on market•MLS# SB-26013293

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.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Peek-A-Boo
Flooring
Wood
Roof
Shingle
City
San Pedro
Zip Code
90731
County
Los Angeles
Listed byUnknown Office, Keely McKeighan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,602.38
Principal & Interest
Loan Amount
$1,519,200
Total Interest
$1,937,656
Total Payment Over 30 Years
$3,456,856
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

526 West 40th, San Pedro, CA 90731

San Pedro · Single Family Residence

$1.90M
Luxury Tier
Beds
4
Baths
3
Sqft
3,000
Lot
6,101 sqft
Year
2005
$/Sqft
$633
Pool: No✓
Spa: No✓
View: Peek-A-Boo✓
Garage: 2-car✓

Listed 11.7% above the median closed sale of $1,700,000. Price per sqft ($633) is a 10% premium to closed comps ($574). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.90M· $633/sqft
Total list price
Closed comps
vs closed median $1.70M
+$199K (+11.7%)
Active comps
vs active median $1.60M
+$299K (+18.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $568
+$65 (+11.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1613 Veridian LaneSan Pedro2021432,9914,508$535$1.60M24978
1102 6thSan Pedro2024443,3186,681$542$1.80M6178
731 Leland AvenueSan Pedro1956533,1144,800$417$1.30M12874
1947 Palacios DriveSan Pedro1962442,5245,006$733$1.85M4472
27634 DaytonSan Pedro2022532,5313,420$612$1.55M13667
Total: 5 · Average4.43.42,895.64,883$567.8$1.62M123.6
Median2,991$1.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1632 10thSan Pedro195007/01/2026332,8236,402$1.65M$1.75M$6201.066990
1222 Silvius AvenueSan Pedro198609/04/2026332,9396,309$1.75M$1.70M$5780.973882
1317 Dodson AvenueSan Pedro193508/03/2026322,4016,751$1.10M$1.14M$4751.0410081
3631 RoxburySan Pedro197909/23/2026432,7875,171$1.75M$1.72M$6160.986879
27628 Evergreen PlaceSan Pedro202305/21/2026532,5835,870$1.60M$1.50M$5810.9417078
Total: 5 · Average3.62.82,706.66,100.6$1.56M$1.56M$574—89
Median2,787$1.70M$1.70M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.