526 W 40th
San Pedro, CA 90731
5
Bed
5
Bath
6,101Sqft(Lot)
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
Property Details
Open House
- 10/04 5 PM-7 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Balcony, CeilingFans, Pantry, QuartzCounters, Storage, BedroomOnMainLevel, DressingArea, WalkInClosetsRoof: ShingleAppliances: Dishwasher, GasOven, GasWaterHeater, Microwave, RefrigeratorLaundry Features: ElectricDryerHookup, GasDryerHookupWindow Features: CustomCoverings -
Heating & Cooling
Has Heating: Yes Heating: Central, Fireplaces Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2005Building Area Total: 3800Construction Materials: Brick, CopperPlumbingStories: 2Pool Features: NonePrivate Pool: NoWater front Features: BeachAccessView: Neighborhood, PeekABoo -
Exterior Features
Exterior Features: Lighting, RainGutters
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Lot Information
Main Square Feet: 6101 Lot Size Acres: 0.1401 Lot Size Source: PublicRecords Lot Size Square Feet: 6,101 Lot Description: ZeroToOneUnitAcre,FrontYard,SprinklersInRear,SprinklersInFront,Lawn,SprinklerSystem
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Listing Price Information
Listing Price: $1899000Cash, CashToNewLoan, Conventional
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Tax Information
Parcel Number: 7467022015 Tax Lot: 15 Tax Block: 4
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Virtual Tour
Parking Information
Parking Total: 2 Boat, DoorMulti, Driveway, Garage, GarageDoorOpener, Guest, OffSite, Oversized, Paved, RvAccessParking, GarageFacesSideGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
ElectricityConnected, SewerConnected -
Location Information
Direction: From PCH to 22nd WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 364 W 15th, San Pedro, CA, 90731 | $999,000 | 8 | 7 | -- | 5,001 Sq. Ft |
| 734 W 27th, San Pedro, CA, 90731 | $1,195,000 | 7 | 4 | -- | 5,000 Sq. Ft |
| 233 W Oliver Street, San Pedro, CA, 90731 | $995,000 | 8 | 4 | -- | 5,001 Sq. Ft |
| 267 W Ofarrell Street, San Pedro, CA, 90731 | $960,000 | 4 | 4 | -- | 4,950 Sq. Ft |
| 240 N Mesa, San Pedro, CA, 90731 | $950,000 | 8 | 6 | -- | 5,400 Sq. Ft |
| 564 W Macarthur, San Pedro, CA, 90731 | $1,145,000 | 7 | 4 | -- | 5,401 Sq. Ft |
| 362 W 11th, San Pedro, CA, 90731 | $739,900 | 4 | 2 | -- | 5,005 Sq. Ft |
| 622 W 2nd Street, San Pedro, CA, 90731 | $825,000 | 3 | 2 | -- | 4,998 Sq. Ft |
| 524 W 2nd, San Pedro, CA, 90731 | $759,000 | 4 | 2 | -- | 5,000 Sq. Ft |
| 356 W 14th, San Pedro, CA, 90731 | $788,000 | 3 | 2 | -- | 4,810 Sq. Ft |
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Nearby For Sale
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ByOwner last updated this listing 10/02/2026 @ 10:43
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