San Pedro Homes under $2 million

Welcome to San Pedro, a vibrant coastal community nestled in the heart of Los Angeles County, California. Known for its rich maritime history and stunning waterfront views, San Pedro offers a unique blend of urban charm and natural beauty. With its picturesque harbor, residents enjoy a lifestyle that embraces both the sea and the city, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of San Pedro is its diverse array of homes available for under $2 million. Whether you’re seeking a cozy bungalow with character, a modern townhouse with ocean views, or a spacious family home, San Pedro has something to suit every taste and budget. The real estate market here is thriving, with properties that reflect the area’s unique charm and coastal lifestyle.

San Pedro is not just about beautiful homes; it’s also about community. The area boasts an array of local shops, restaurants, and cultural attractions. Explore the historic downtown district, where you can enjoy fresh seafood at waterfront eateries or discover local art galleries showcasing the work of talented artists. Outdoor enthusiasts will appreciate the proximity to stunning beaches, hiking trails, and parks, perfect for weekend adventures or leisurely strolls.

With its ideal location, rich history, and affordable housing options, San Pedro is a hidden gem in Los Angeles County. Discover your dream home in this enchanting coastal city and experience the perfect blend of community, culture, and coastal living!

Newest San Pedro Homes under $2 million

$799,000

4 Beds ⋅ 3 Baths ⋅ OC26212181 MLS ⋅ Active Status

STUNNING, FULLY RENOVATED 4-BEDROOM, 3-FULL-BATH HOME IN THE HIGHLY DESIRABLE GARDENS COMMUNITY! This beautifully updated home offers approximately 1,736 sq. ft. of comfortable living space with a highly desirable floor plan featuring one bedroom and a full bathroom on the main level, ideal for guests, extended family, or multigenerational living. Extensive upgrades include new waterproof luxury vinyl plank flooring, fresh interior paint, new kitchen cabinetry and countertops, new lighting and fixtures, and beautifully renovated bathrooms with new showers and finishes. Enjoy a charming private patio, perfect for relaxing or outdoor dining, plus a detached garage with convenient nearby parking. The beautifully maintained Gardens community features lush mature landscaping, a community pool, and tennis courts. Conveniently located near shopping, dining, schools, Western Avenue, and the 110 Freeway. Move-in ready and beautifully refreshed throughout—don’t miss this rare 4-bedroom opportunity in The Gardens!

2220 Mount Shasta Drive, San Pedro

$425,000

2 Beds ⋅ 1 Baths ⋅ SB26190511 MLS ⋅ Active Status

Bring your vision and imagination to this charming 2-bedroom, 1-bathroom fixer-upper, ideally situated on a desirable corner lot in the heart of San Pedro. Built in 1922, this property offers character, history, and an exciting opportunity to restore and personalize a home in one of the South Bay's most evolving waterfront communities. The property features a functional 2-bedroom, 1-bath layout, along with a detached storage building offering two additional rooms, providing flexibility for storage, workshop space, office use, or other potential uses—buyer to verify permitted uses. A major bonus is the secured on-site parking for two cars, a valuable feature in San Pedro. The corner-lot location adds to the property's appeal and offers an excellent opportunity for someone looking to create a home, investment property, or personal project. Prime location near the new West Harbor development and San Pedro's revitalized LA Waterfront, with continued investment and improvements transforming the surrounding area. With Los Angeles preparing to host the 2028 Olympic and Paralympic Games, this is an exciting time to be part of San Pedro's ongoing transformation and waterfront renaissance. Whether you're an investor, contractor, or buyer looking for a project with potential, this property offers a unique opportunity to own a piece of historic San Pedro just in time for the momentum leading into 2028. Property is being offered in fixer-upper condition and sold as-is. Buyer to conduct their own inspections and independently verify all property details, square footage, permits, zoning, and permitted uses.

398 W 11th Street, San Pedro

$930,000

SB26212522 MLS ⋅ Active Status

Fully renovated San Pedro duplex at 658 W. Sepulveda St. This two-unit property was stripped down to the studs and rebuilt in 2022, including a reinforced foundation, new windows, electrical, plumbing, drains, mini-split AC systems, a new roof, and new flooring throughout. It currently generates $6,505 per month in strong cash flow with tenants paying all utilities, keeping owner operating costs low. The property delivers an approximate 11.9 GRM and an estimated 5.0–5.4% cap rate based on current income. Drought-tolerant landscaping makes upkeep easy and maintenance low. The existing two-car garage offers excellent potential to convert into an ADU for additional rental income. With modern systems, solid rents, and a convenient location near San Pedro’s ongoing waterfront revitalization, this turnkey duplex is an ideal addition to any investment portfolio. Note: Photos were taken before tenants moved into the units and are for illustration purposes only.

658 W Sepulveda Street, San Pedro

$995,000

NP26212466 MLS ⋅ Active Status

San Pedro is in the middle of a major transformation. West Harbor is reimagining the old Ports O' Call into a vibrant waterfront destination with chef-driven restaurants, retail, and live entertainment. AltaSea is creating a world-class ocean innovation campus focused on climate and sustainability, while thousands of new housing units, arts spaces, and cultural districts like Little Italy LA are shaping a bold new future. This prime multi-family property offers a rare opportunity to invest in San Pedro’s growth. Thoughtfully maintained, the four-unit building features spacious 2-bedroom, 1-bath layouts, each occupied by long-term tenants for steady income. Recent updates include fresh paint and brand-new windows, while well-kept landscaping adds to the property’s inviting curb appeal. Located in a desirable neighborhood near the evolving waterfront and with easy access to the 110 freeway, the property offers everyday convenience near parks, schools, dining, and shopping. Don’t miss the chance to secure a valuable asset in a prime location as San Pedro steps into its next chapter.

233 W Oliver Street, San Pedro

$1,399,000

3 Beds ⋅ 2 Baths ⋅ SB26211480 MLS ⋅ Active Status

Enjoy ocean and Catalina Island views from the front porch and living room of this charming, single-level 1955 Craftsman-style home, nestled on a peaceful cul-de-sac in desirable South Shores. Offering approximately 1,900 square feet of living space, this 3-bedroom, 2-bath residence blends timeless character with thoughtful updates. Vaulted, beamed ceilings and hardwood floors create a warm and inviting atmosphere throughout. The remodeled kitchen features quartz countertops, newer stainless steel appliances, a gas cooktop, double ovens, and a center island with bar seating, all seamlessly connected to the dining area. Just off the kitchen, a convenient laundry room with newer washer and dryer leads to a versatile bonus space perfect for a playroom, craft room, or additional storage. The cozy family room opens to a beautifully landscaped backyard retreat, complete with lush greenery, mature fruit trees, blooming roses, and an elevated garden surrounded by a fire pit lounge. With its captivating views, inviting charm, and sought-after South Shores location, this is a rare opportunity to make this special home your own!

2320 Anabas, San Pedro

$1,028,990

4 Beds ⋅ 4 Baths ⋅ SR26212202 MLS ⋅ Active Status

This home features polished quartz countertops, a full-height glossy tile backsplash, upgraded light natural Casella Oak cabinetry with matte black hardware, and a gourmet kitchen configuration with an electric induction cooktop, built-in oven, vent hood, and microwave drawer. The living room includes a three-panel multi-slide door, while Bedroom 4 includes a three-panel door. The primary bath features a tiled shower with oversized tile, a built-in niche with shelf, and a coordinating hex tile shower pan. Bath 3 also includes a tiled shower. Additional features include a large kitchen island, upgraded stainless steel appliances, upgraded stacking doors, and solar. Flooring has not yet been installed and will be selected through the design studio as part of the home's construction. The home is located within the gated Ponte Vista community, which includes landscaped walkways, outdoor gathering spaces, a pool, spa, recreation center, fitness center, and fire pit. The community is located near the coast, shopping, dining, and South Bay destinations. Photography and Matterport are of the Plan 1 model home and are provided for visual representation only.

1630 Coral Sea Lane, San Pedro

$599,000

2 Beds ⋅ 2 Baths ⋅ SB26208295 MLS ⋅ Active Status

TOP floor two bed, two bath condo with unobstructed views of San Pedro to the waterfront and Ports of Los Angeles and Long Beach! An unexpected move is your opportunity! Enter to a bright, inviting and open floor plan encompassing the living, dining and kitchen plus deck - what could be better? The kitchen has quartz countertops, custom cabinetry with pull-outs to maximize storage, top-of-the-line Frigidaire Gallery stainless steel appliances and tile flooring. So much counterspace, there's room for a coffee bar and the air fryer! The primary suite is spacious, with south facing windows for morning natural light and a private ensuite bathroom with remodeled shower and modern fixtures. The second bedroom is also spacious, with large closet. Convenient in-unit washer and dryer closet with storage above, make laundry a snap. Engineered flooring throughout. Updated double pane windows and sliding glass door to deck. HOA includes Pool, Spa, Rec Room, Gym , Secured Entrance and elevator. Gated, subterranean parking garage, this unit comes with two side by side parking spots plus a storage cabinet. This is what you've been patiently waiting for - don't wait! Located in the sought after Palisades area of San Pedro, you’ll enjoy cool ocean breezes and effortless access to local favorites including Cabrillo Beach and Marina, Point Fermin Park, Angels Gate Park/Korean Friendship Bell, the downtown arts district, and the highly anticipated West Harbor waterfront development.

765 W 26th Street Unit 308, San Pedro

$1,899,000

SB26211391 MLS ⋅ Active Status

POINT FERMIN 3-UNIT RESIDENTIAL INCOME PROPERTY | $10,000/MONTH POTENTIAL Rare opportunity to own a fully permitted three-unit residential income property in desirable Point Fermin, San Pedro, just blocks from the Pacific. This coastal compound offers strong income potential, flexible living arrangements, abundant parking, and an upgraded primary residence on a private 6,101-square-foot lot. Projected gross rental income is $120,000 annually, offering an opportunity for investors, owner-users, multigenerational buyers, or anyone seeking to offset housing costs with rental income. The primary residence is a beautifully appointed Swiss Craftsman with an open floor plan, rich maple hardwood floors, an elegant living room with a gas fireplace, a formal dining area, and a chef's kitchen with custom soft-close cabinetry, quartz countertops, a bespoke island, and stainless-steel appliances. The spacious great room opens through a charming Dutch door to the private backyard. The luxurious primary suite features a private balcony, fireplace, oversized custom walk-in closet, and a spa-inspired bathroom with a clawfoot tub, walk-in shower, and chandelier. A dedicated laundry room with a washbasin adds convenience. The detached two-story structure provides two additional permitted residential units. The approximately 500-square-foot upper studio has a full bath and is currently rented for $1,850/month. The lower unit offers additional permitted living space for rental income or personal use. The configuration provides multiple revenue streams and flexibility to occupy one unit while renting the others, lease all three, or accommodate extended and multigenerational living. Buyer to independently verify rents, expenses, permits, square footage, and income projections. Parking includes a detached two-car garage, deep driveway, alley access, and additional space suitable for a boat or RV—a significant advantage in coastal San Pedro. The private backyard features mature landscaping, lush ivy-covered walls, built-in seating, and a gas BBQ. Located near Cabrillo Beach, Point Fermin Park, the Korean Friendship Bell, coastal trails, restaurants, shopping, and the Pacific, this is an uncommon opportunity to acquire a permitted three-unit residential income property in a coveted coastal neighborhood.

526 W 40th, San Pedro

$1,100,000

3 Beds ⋅ 2 Baths ⋅ PW26188451 MLS ⋅ Active Status

Perched high above 25th Street in a highly sought-after San Pedro location, this spacious 3-bedroom, 2-bath home offers incredible views and plenty of opportunity to make it your own. Tucked away from the street on a private road, the elevated setting provides beautiful vistas of the mountains, Vincent Thomas Bridge, and the ocean. Inside, the generous floor plan offers comfortable living spaces and great potential. All three bedrooms feature hardwood floors, and the primary suite includes a large primary bathroom with double sinks. With its spacious rooms, desirable location, and sweeping views, this home is ready for someone with a vision to bring it into its next chapter. Whether you're looking to create your dream home or personalize a home with incredible potential, this is an opportunity to make this sought-after San Pedro location your own. *If you are looking for extra storage, there is a unique basement for all your tools and misc. items.*

1306 W 25th, San Pedro

$485,000

1 Beds ⋅ 1 Baths ⋅ SB26210848 MLS ⋅ Active Status

Welcome to this beautifully remodeled condo, ideally situated at the gateway to the Palos Verdes Peninsula and just minutes from West Harbor, San Pedro’s newest waterfront destination. The home features a newly redesigned gourmet open concept kitchen with upgraded counters, recessed lighting, and stainless steel appliances. New vinyl flooring and fresh paint enhance the spacious living area, creating a bright and inviting atmosphere throughout the entire unit. Inside laundry is conveniently located in the hallway and includes a new washer and dryer. This unit also offers two assigned tandem parking spaces, with the secure garage positioned near the elevator for easy access. Community amenities include a gated security complex, a serene courtyard fountain, a community room, a sauna, and ample visitor parking. This neighborhood places you steps from supermarkets, gyms, two Starbucks locations, multiple eateries, a movie theater, and Trader Joe’s. You’re also within walking distance of several green spaces, including a nearby dog park — offering the perfect blend of convenience, recreation, and coastal living.

28006 S Western Unit 270, San Pedro

$549,000

2 Beds ⋅ 3 Baths ⋅ SB26210454 MLS ⋅ Active Status

Welcome to coastal living in San Pedro’s Palisades neighborhood! This two-story end-unit townhome is part of an intimate three-unit community with beautifully maintained landscaping. Inside, you’ll find two bedrooms, two and a half bathrooms, and approximately 1,150 square feet of living space. The living room features wood flooring and a fireplace, while the remodeled kitchen shines with a new sink, countertop, backsplash, and light fixture. Upstairs, the primary bathroom has been refreshed with a new shower. Enjoy a private patio, a QuietCool fan system throughout the home, two garage parking spaces, and no neighbors above or below. With a recently replaced roof and a low HOA, this inviting home is ready for its next owners!

934 W 26th Unit 1, San Pedro

$899,900

DW26210199 MLS ⋅ Active Status

Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63,600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the 899,900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern California’s most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.

1316 S Grand, San Pedro

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.