Welcome to 349 S. Meyler Street, a timeless 1921 residence ideally situated in San Pedro's highly desirable historic Northwest neighborhood. Rich in original character and architectural charm, this spacious 4-bedroom, 2-bath home offers approximately 2,160 square feet of living space on an expansive 9,002-square-foot R3-zoned lot, presenting an exceptional opportunity for homeowners, investors, and developers alike. Step inside to discover a warm and inviting floor plan featuring beautiful original woodwork, hardwood flooring, abundant natural light, and spacious living areas that blend historic craftsmanship with everyday functionality. The large kitchen provides generous workspace and storage, making it the heart of the home for cooking, entertaining, and gathering with family and friends. An inside laundry room adds everyday convenience, while the lower-level sunroom offers flexible space for a home office, recreation room, or additional living area. The spacious primary suite serves as a peaceful retreat with ensuite bathroom access, while the additional bedrooms provide versatility for family, guests, or remote work. Throughout the home, classic details combine with comfortable living spaces that are ready to enjoy today or update to your personal style. Outside, the oversized 9,002-square-foot lot offers exceptional possibilities. With convenient alley access and R3 zoning, buyers may explore the potential for an Accessory Dwelling Unit (ADU) or additional development opportunities, subject to verification with the City of Los Angeles. Whether your vision includes creating multi-generational living, generating rental income, or maximizing the property's future potential, this rare parcel provides outstanding flexibility. Located just minutes from the exciting San Pedro Waterfront redevelopment, residents will enjoy easy access to world-class dining, waterfront attractions, local boutiques, parks, coastal trails, Cabrillo Beach, the Port of Los Angeles, and the upcoming West Harbor destination. Convenient freeway access and nearby schools further enhance the appeal of this exceptional location, making commuting throughout the South Bay and greater Los Angeles area effortless. Combining historic charm, generous living space, an oversized lot, alley access, R3 zoning, and exciting ADU possibilities, 349 S. Meyler Street presents a rare opportunity to own a distinctive property in one of San Pedro's most sought-after neighborhoods.