456 W 40th
San Pedro, CA, 90731
$1,050,000
Original list price: $1,295,000
MLS: SB26189203
Beds
3
Baths
2
Sq Ft
2,388
Lot
0.14 ac
Year Built
1925
MLS #
SB26189203
Days on Market
36
Listed
Sep 5, 2026
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.
Location
San Pedro, Los Angeles County, CA 90731
Open on Google Maps ↗Listed by: Maria Lauro · Keller Williams Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,330
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $105,000 · Loan: $945,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,543
- Property tax (1.25%)
- $1,094
- Homeowners insurance
- $300
- Mortgage insurance
- $394
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $36,750 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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Local Market Stats
See San Pedro, CA 90731 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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