1331 S Beacon Street
San Pedro, CA, 90731
$875,000
MLS: SB26051263
Beds
3
Baths
2
Sq Ft
1,806
Lot
0.11 ac
Year Built
1939
MLS #
SB26051263
Days on Market
28
Listed
Mar 10, 2026
Description
Perched above the street behind a wrought-iron gate, this 1939 Spanish Revival residence built by an Italian fishing family wanting to watch the coming and going of the harbor, captures the romance and character that define Southern California’s early coastal architecture. Arched windows and a classic red clay tile roof set the tone, while mature palms and sculptural drought-tolerant landscaping frame the home, creating a warm and timeless first impression. From the front porch, breakfast nook, and kitchen, enjoy peek-a-boo views of the harbor and marina, a quiet reminder of the home’s coastal setting in San Pedro. The property includes a 3 bedroom, 1.5 bathroom front house and a 1 bedroom, 1 bathroom back unit. Inside, the residence unfolds with graceful architectural details that have stood the test of time. A tiled entry welcomes you with original craftsmanship before opening to light-filled living spaces marked by arched doorways, coved ceilings, and original wood floors. The charming sunlit breakfast/dining room, wrapped in dramatic arched windows with colorful tile accents, is an ideal setting for gathering and entertaining. The more private dining room is perfect for dinner parties, while thoughtful built-ins, including a hallway desk, reflect the practical elegance of the era. The kitchen is bright and spacious with a moveable island, with the added convenience of a laundry room and half bathroom off the kitchen. The bathroom retains its original decorative tilework, offering a rare glimpse into the home’s authentic 1930s design. The bedrooms feature original ceiling detail. A basement provides additional storage and functionality rarely found in LA homes. The home stands on a LAR3 lot, and is ready for the next visionary owner. In 2023 the wiring was updated including a 200A panel and replacement of the red clay tile roof. The garage was converted approx 20 years ago and features 1 bedroom, 1 bathroom, with a private entry, perfect for guests, extended family, or an office. In the backyard, lush bougainvillea, potted plants, and garden moments create a serene environment while the front landscaping remains beautifully low maintenance. Together, the property exudes historic charm with modern practicality, reflecting the enduring architectural character of coastal Los Angeles.
Location
San Pedro, Los Angeles County, CA 90731
Open on Google Maps ↗Listed by: Poul Erik Norgaard · Compass
Payment estimate
$6,378
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $87,500 · Loan: $787,500
- Principal & Interest
- $4,839
- Property tax (1.25%)
- $911
- Homeowners insurance
- $300
- Mortgage insurance
- $328
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this San Pedro home with as little as 3.5% down using an FHA loan — roughly $30,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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