456 West 40th, San Pedro, CA 90731
456 West 40th, San Pedro, CA 90731
Property Description
NEW PRICE, INCREDIBLE POTENTIAL! A rare opportunity awaits in one of San Pedro’s most desirable residential areas. Situated on an expansive 6,101-square-foot lot, this two-story, three-bedroom, two-bath home offers approximately 2,388 square feet of living space and exceptional potential for a buyer ready to create their dream home. The functional floor plan features two bedrooms and one bathroom on the main level, with a spacious primary suite located upstairs. Enjoy spectacular views of Cabrillo Beach right from your front yard, and take advantage of being just one block from Paseo Del Mar, where you can enjoy breathtaking views of the Pacific Ocean. The property is also conveniently located near shopping, dining, parks, entertainment, and, best of all, the beach. The property offers a large backyard, a wood deck, and an in-ground fiberglass spa. Whether you envision a stunning renovation or a thoughtful redesign, 456 W. 40th Street offers the location, lot size, views, and opportunity to bring your vision to life. Bring your imagination, your contractor, and your vision—this home is ready for its next chapter.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Pedro · Single Family Residence
Listed 14.3% below the median closed sale of $1,225,000. Price per sqft ($440) is a 26% discount to closed comps ($596). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1927 Moray | San Pedro | 1956 | 3 | 2 | 2,134 | 5,947 | $609 | $1.30M | 100 | 85 |
| 1027 Malgren | San Pedro | 1950 | 4 | 3 | 2,229 | 6,922 | $572 | $1.27M | 80 | 79 |
| 1310 1st | San Pedro | 2006 | 3 | 3 | 2,180 | 2,774 | $394 | $859,000 | 21 | 75 |
| 1947 Palacios Drive | San Pedro | 1962 | 4 | 4 | 2,524 | 5,006 | $733 | $1.85M | 45 | 74 |
| 3513 Kerckhoff Avenue | San Pedro | 1976 | 4 | 3 | 2,280 | 2,501 | $522 | $1.19M | 97 | 71 |
| Total: 5 · Average | 3.6 | 3.0 | 2,269.4 | 4,630 | $566 | $1.29M | 68.6 | |||
| Median | 2,229 | $1.27M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1317 Dodson Avenue | San Pedro | 1935 | 08/03/2026 | 3 | 2 | 2,401 | 6,751 | $1.10M | $1.14M | $475 | 1.04 | 100 | 93 |
| 1330 18th Street | San Pedro | 1924 | 07/30/2026 | 3 | 2 | 2,000 | 5,626 | $1.20M | $1.23M | $612 | 1.02 | 50 | 91 |
| 3623 Parker Street | San Pedro | 1928 | 09/09/2026 | 3 | 3 | 2,000 | 5,628 | $1.70M | $1.61M | $804 | 0.95 | 64 | 89 |
| 1225 Leland | San Pedro | 1927 | 08/14/2026 | 4 | 2 | 2,132 | 6,816 | $1.18M | $1.13M | $530 | 0.96 | 113 | 88 |
| 1905 9th | San Pedro | 1971 | 05/13/2026 | 3 | 2 | 2,247 | 6,431 | $1.10M | $1.26M | $560 | 1.15 | 40 | 85 |
| Total: 5 · Average | 3.2 | 2.2 | 2,156 | 6,250.4 | $1.27M | $1.27M | $596.2 | — | 73.4 | ||||
| Median | 2,132 | $1.23M | $1.23M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.