Looking south on Friday Kahlo Way (was Phelan Ave) at Ocean Avenue. Yes, that is the same house in the center of the image, 941 Ocean Ave, then just built. Move slider to compare photographs. View larger here. Look at other comparison photographs here.
Frida Kahlo Way (Phelan Ave) was widened in the 1950s. See a DPW diagram of the changes here (large file).