This classic Spanish Stucco home has been lovingly cared for by three generations of the same family since 1950. Now it's time to pass it along to the next family so they can make memories there the same way the current family has for the last 74 years!! When you pull up you'll be delighted by the wonderful curb appeal, gated and lushly landscaped front yard, inviting covered front porch and the custom entry door. Step through the front door into the formal entry with original tile floors and then into the spacious living area that features a trey ceiling, decorative fireplace and multiple windows to let the natural sunlight fill the room. Next is the wonderfully upgraded kitchen with painted cabinetry, quartz counters, built-in appliances (including refrigerator) and the laundry closet (washer & dryer stay). Adjacent to the kitchen is the bright formal dining room with a built-in bench seat and built-in china cabinets. The main hall leads you to the tastefully remodeled full bath and the bedrooms. One of the secondary bedroooms is HUGE & the third bedroom functions really well as a work space or den and is adjacent to the primary bedroom that features a charming 1/2 bath and a door to access the rear yard. Other features of this special property include dual-pane windows, copper plumbing, hardwood floors, recessed lighting, custom window coverings, central heat and air conditioning, insulated attic, retrofitted foundation, security and surveillance systems, red tile roof, rain gutters, automated sprinkler system and an upgraded electrical panel. Step out into the large rear yard that features access to the spacious walk-in basement/wine cellar, patio, grassy area and a large parking area suitable for multiple cars or a RV and is accessed via a remote controlled electric gate. The rear yard also features bistro lights and sail shades to provide ambiance for weekend entertaining. At the rear of the R2 lot is the 1 car garage with alley access. R2 zoning should allow another unit plus a ADU so there's lots of potential upside (buyer to verify with local government agencies). Home is also located a short distance from the rapidly developing downtown business district and the multi-million dollar West Harbor waterfront development that is underway and scheduled to open in 2025 (1st phase). For commuters there is quick and easy access to the 110 freeway and Vincent Thomas Bridge. This property is a San Pedro Classic and is priced to sell quickly.