This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$675,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
Property Description
"LOCATION, LOCATION, LOCATION" has always been the real estate mantra when it comes to value and this super charming 1920's beach cottage is the perfect example of that. It might literally be the only home in Southern California located a block away from the ocean bluffs that you can buy for under $700,000. Across the street you have the beautiful Korean Friendship Bell Park. Approximately a block to the South is Point Fermin Park and the Pacific Ocean. A few blocks to the East are the hot local dining spots, Lighhouse Cafe and Pacific Diner. A little futher East is Cabrillo Beach and the well-known windsurfing spot known as Hurricane Gulch. If you like to keep fit you can take a stroll down Paseo Del Mar, hit the walking trails in White Point Nature Preserve and then go down the hill to Royal Palms to explore the tide pools. The home has been lovingly-maintained and offers great curb appeal highlighted by the Craftsman style architecture, a freshly painted exterior and inviting covered porch. Step through the entry door into the sunlit living room featuriing a fireplace, attractive wainscoating and a spacious dining area with built-in cabinetry. Cozy kitchen retains it's original charm with the adjacent laundry room (washer and dryer included) providing convenience. Bedroom is good-sized and the bathroom is also true to period with a claw-foot tub and wall-mount wash basin. The interior sports a new coat of paint and the original hardwood floors have just been refinished. Fenced front yard along with a spacious area on the West side of the home provide ample outdoor space for enteraining or gardening. Behind the home is a gated parking space and the one car garage. This classic San Pedro home provides the opportunity to enjoy a lifestyle that can rarely be had at this price point. DON'T MISS IT!!
Full Property Details
Full Property Details for 741 W 40th St
General
- Price: $675,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SB26003892
- Updated: 2/18/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry, Living Room
- Interior Features: Built-in Features, Tile Counters, Wainscoting
- Fireplace: Yes
- Fireplace(s): Decorative, See Remarks
- Eating Areas: Area
- Appliances: Free-Standing Range, Refrigerator, Water Heater
- Flooring: See Remarks, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Dryer Included, Individual Room, Inside, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Front Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Driveway, Garage
Location
- County: Los Angeles
- Driving Directions: Gaffey St to 40th St. and turn left, it's the 2nd house on the right
- Direction Faces: North
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Military Land, Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage, Craftsman
- Structure Type: Single Family Residence
- Foundation: Raised
- Roof: Composition, Shingle
- Common Walls: No Common Walls
- Windows: Plantation Shutters, Wood Frames
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 576
- Sq. Ft. Source: Assessor
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Units in Complex: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.0537
- Lot Size (Sq. Ft.): 2,338
- Lot Size Source: Assessor
- Lot Description: Front Yard, Yard
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Sq. Ft.: $1,171.88
Disclosures and Reports
- Special Conditions: Standard
Listed by Compass, Gary Krill
Get Pre-Approved Today
Schools
Schools serving 741 W 40th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731 | K-6 | 1.3 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 1.6 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 741 W 40th St
Date
Details
Price
Change
Source
2/17/2026
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 741 W 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,288
3%
$96,970
4%
2023
$1,251
5%
$93,207
2%
2022
$1,194
1%
$91,380
2%
2021
$1,177
-1%
$89,589
1%
2020
$1,186
4%
$88,672
2%
2019
$1,143
4%
$86,934
2%
2018
$1,104
2%
$85,231
2%
2017
$1,078
3%
$83,561
2%
2016
$1,049
1%
$81,923
2%
2015
$1,034
-1%
$80,693
2%
2014
$1,046
—
$79,113
—
2013
$1,046
—
$78,756
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 741 W 40th St
741 W 40th Street, San Pedro, CA 90731 (MLS# SB26003892) is a Single Family property with 1 bedroom and 1 full bathroom. 741 W 40th Street is currently listed for $675,000 and was received on February 17, 2026. Want to learn more about 741 W 40th Street? Do you have questions about finding other Single Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

