741 W 40th Street, San Pedro, CA, US, 90731

"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 wainscoting 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. For functionality and comfort there's a central forced air heating system, upgraded 100 amp electrical panel, copper plumbing, retrofitted foundation and roof was installed in 2003 and serviced in 2024 (see supplements).Fenced front yard along with a spacious area on the West side of the home provide ample outdoor space for entertaining 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!!