Welcome to 1111 Paraiso, an exceptional opportunity to embrace an exquisite home with boundless potential, ideally situated just a stone's throw away from the picturesque San Pedro Waterfront and bustling downtown business district. Boasting a total of 3 bedrooms and 3 bathrooms, this residence invites you into a spacious living environment bathed in natural light, offering captivating views of the Harbor and the iconic Vincent Thomas Bridge. Step into the heart of the home – a spacious kitchen with ample cabinetry and granite countertops, perfect for culinary endeavors and entertaining alike. The primary bedroom features an ensuite bath for added convenience, while the additional bedrooms offer comfort and flexibility. A distinguishing feature of this property is the separate downstairs area, presenting a spacious bedroom, inviting living area, bathroom, and kitchen – an ideal space for either long-term residency or lucrative short-term rental opportunities for rental income. Outside, a delightful patio offering the perfect setting to savor panoramic views of the Harbor and Vincent Thomas Bridge while soaking in the coastal breeze providing a picturesque backdrop for relaxation and gatherings. Conveniently located mere minutes from Cabrillo Beach, as well as coffee shops, re