Home | Los Angeles County | San Pedro | 90731 | 526 W 40th
MLS: CRSB26211391 | Status: Active | Price: $1,899,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,101 | 2005 |
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
| Field | Value |
|---|---|
| MLS # | CRSB26211391 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Kitchen | Pantry |
| Appliances | Dishwasher, Microwave, Other, Oven - Gas, Refrigerator |
| Cooling | Central Forced Air |
| Heating | Central Forced Air, Fireplace |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Foundation | Brick/Mortar |
| Pool | None |
| Style | Craftsman |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Boat Dock, Garage, Gate/Door Opener, Guest / Visitor Parking, Off-Site Parking, Other, Room for Oversized Vehicle, RV Access, Garage: 2 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Keely McKeighan | Joseph Nuzzolo |
| Thompson Team Real Estate, Inc. | Thompson Team Real Estate, Inc. |
| License #: 02060185 | License #: 01853418 |
| Phone: – | Phone: (310) 533-1333 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 1 | 3 |
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This listing information is up-to-date as of October 05, 2026. For the most current information, please contact Keely McKeighan.