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Back 741 West 40th Street
Off Market

741 West 40th Street

Los Angeles CA 90731

1
1
1
576 sq. ft.
2338 sq. ft.
Single-Family
Last sold for $675,000
Gary KrillGary Krill, last sold this property on 17 April 2026 after 78 days on market.

Overview

"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!!

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
576 sq. ft. floor area
2338 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 1 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 741 West 40th Street is $675k.

Median value
$675k
Estimated value range
$550k - $700k
Median days on market
32
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 741 West 40th Street

2026
Sold
$675,000
17 Apr 2026 by Gary Krill, of Compass

Happy sellers in Los Angeles

91%
91% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Los Angeles over the last 12 months.

Local market activity for 1 bedroom single-family properties in Los Angeles

In the last 12 months, 5 one-bedroom single-family properties similar to 741 West 40th Street, have been sold.

This represents a 500% decrease in one-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Alice Rodriguez

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ALICE RODRIGUEZ

ALICE RODRIGUEZ is a recommended agent for Los Angeles.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (8 reviews)
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Clare Corcoran

Clare Corcoran is a recommended agent for Los Angeles.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (23 reviews)
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  •  1 Sale in Los Angeles
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