Homebuying in San Pedro, Los Angeles, CA
A fishing village turned bustling community with a culture all its own.
Stefan Fagerholm, Local Expert
8/8/2022 · 7 min read
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At just over 12 square miles, the San Pedro neighborhood of Los Angeles is packed with a character and culture all its own. In fact, some locals call it “the hidden gem” of LA. The waterfront neighborhood used to be a small fishing community, but the Port of Los Angeles and commercial real estate have taken over. Still, the neighborhood has managed to hold onto its charm.
Today, San Pedro has a thriving and diverse community, with large Hispanic and Italian populations. There’s also a large military presence thanks to the Fort MacArthur Air Force Base. The waters off San Pedro are also home to the Navy Battleship USS Iowa, which served during World War II. This beautifully diverse part of LA has a lot to offer—which means it might not remain ‘hidden’ for much longer.
Latest homes for sale in San Pedro, CA
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Look & feel
The housing market
Median Home Price
Median Price per Sq. Ft
Average Monthly Home Sales
Breathtaking views of the Pacific Ocean
San Pedro is tucked between the Palos Verdes Peninsula and the Pacific Ocean. Because of this unique geography of both rolling hills and the coast, plenty of single-family homes have ocean views. In particular, the South Shores area on the southwestern side of San Pedro has streets with enough elevation that residents can see the Pacific outside their windows.
Get more for your money
San Pedro has been called LA’s last affordable beach town. Whereas nearby coastal neighborhoods like Venice and Manhattan Beach have seen soaring home prices, San Pedro hasn’t quite caught up. Homes in San Pedro still sell for under $1-million, while houses in nearby Venice and Manhattan Beach go for several million at least.
Who lives in San Pedro?
Family Median Income
People who live in San Pedro love to brag about their neighborhood. There is a sense of ownership and community here that attracts newcomers from all over the country. The community website shares, “San Pedro is a unique and vibrant area that seems like its own city.” There are dozens of mom-and-pop stores, a weekly farmers market in Little Italy, and plenty of events year-round to make sure everyone can be involved in the community.
Some 20 years ago, military veterans made up about 11% of the population of San Pedro. Today, many veteran-owned businesses remain in the area, including Hunter Fitness Training, which offers personal training sessions.
Walking & biking
A pedestrian’s paradise
The central San Pedro region has an extremely high walk score, meaning residents can run the majority of their errands on foot. Wide sidewalks and crosswalks make it easy for people to get around this part of town.
All level of bikers welcome
San Pedro prides itself on being a very bikeable neighborhood for beginners and experts alike. Bike lanes along roadways are plentiful, as are trails along the beach and coastal areas for those who want to go off-road. Bike Point Fermin Park for breathtaking views of the ocean.
Services offered in San Pedro
EV Charging: Google
Ferry: Catalina Express
Hop the Catalina Express and sail the surrounding waters
Head to Catalina Island for the day with this quick ferry ride out of San Pedro. Located at the LA Port along the waterfront promenade, the San Pedro Port has ferries that go to both Avalon and Two Harbors on Catalina Island. Both of these destinations are about an hour and fifteen-minute ferry ride. Parking at the port is free for the first hour and $2 per hour after that. Be sure to get a picture of the Los Angeles Harbor Lighthouse on your way out of the harbor.
Commute with Metro
The Metro is LA’s public transportation service and has a few different bus routes in San Pedro. The 205 local line begins at 13th and Gaffey streets and takes riders north through Harbor City, then northeast past California State University’s campus and Compton. Meanwhile, the 246 line runs right through San Pedro down Pacific Avenue and ends near the coast after going through Point Fermin Park.
Animals & pets
Walks along the beach make for four-legged fun
Many dogs are happy to call San Pedro home. Dog owners enjoy taking their pups out for an afternoon walk, and there are plenty of parks where they can stretch their legs. A local favorite is Joan Milke Flores Park, which sits at the edge of town and borders the beach. There is no fully enclosed area here, but many dogs are either kept on a leash or close by. It’s also a beautiful place to watch the sunset.
3 things to know before buying a home in San Pedro according to locals
1. It has its own unique microclimate
Although it is a neighborhood within Los Angeles, the weather in San Pedro is very different from central LA. The wind coming off the ocean keeps the region cooler than areas farther inland. The climate here is extremely temperate, with temperatures rarely dropping below 46 degrees Fahrenheit or going above 86 degrees Fahrenheit. The weather within San Pedro can also vary greatly depending on which part of town you’re in. Closer to the coast will usually be cooler, with temperatures rising as you move further inland.
2. It’s pronounced Pee-dro
Knowing how to pronounce your neighborhood's name might seem pretty straightforward. However, in San Pedro, the pronunciation can catch newcomers off-guard. Locals call it Pee-dro, rather than Pay-dro. They say this is due to the huge diversity of people who settled in the area. Each group had a different way to pronounce Pedro, and generally, the long E won out. Most locals also drop the ‘San’ and just call the neighborhood Pedro.
3. West Harbor is shaking things up
Modeled after a New England fishing village, the Ports O’Call Village, which occupied the LA Waterfront, was demolished in 2018 to make way for new development and businesses. Named West Harbor, this area is currently under construction. There are plans for a large amphitheater, new restaurants, and shops to attract people to the beautiful waterfront. This massive undertaking is sure to change how people visit, work, and enjoy their time in San Pedro.
The top 4 things to do in San Pedro
1. Grab a shrimp tray at San Pedro Fish Market
One of the most popular dining locations in the whole of San Pedro, the San Pedro Fish Market cannot be missed. Since its founding in 1956, the market has been proud to serve families and visitors alike, offering some of the best seafood in California. Enjoy one of their “world famous” shrimp trays, try the fresh ceviche, or chow down on a seafood tostada.
2. Dine at a local staple
J. Trani’s Ristorante is a long-standing family restaurant in San Pedro. Originally named the Majestic Cafe, it opened in 1925. It has now been in business for nearly 100 years, serving the very best Italian cuisine to the Pedro community. Dustin Trani, the current chef, is the family's fourth generation to create delicious food in the restaurant. Be sure to stop in and dine at this local favorite with renowned acclaim.
3. See a show at a historic theater
The Warner Grand Theatre in San Pedro’s arts district is a thriving venue that dates back to 1931. Built by Warner Brothers Studios as a “movie palace,” the theater is a hub of culture and art in the neighborhood. Concerts, events, and shows are regularly hosted at the theater, where Madonna, the Ramones, and other famous artists have performed. Designed in the deco style, the building is a piece of art in itself.
4. Explore the trails and views at Angels Gate Park
Those looking for picturesque views of Santa Catalina Island and California’s rugged coastline will find their spot at Angels Gate Park. With a nearly constant wind, it’s a prime location for kite flying. Several hiking trails wind through the park as well, all of them relatively short and easy. With Los Angeles’ near-perfect weather, it’s a peaceful place to visit any time of year.
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A graduate of the Hubbard School of Journalism at the University of Minnesota, Lindsey has written for print and online publications as a freelancer since 2018. In her spare time, Lindsey enjoys pottery, spending time with her family, and running her A-frame house account @chaseaframe.
Stefan Fagerholm is the owner of LifeHacksLA, a brand that includes a large Instagram following, a weekly blog and podcast and a private meetup club all dedicated to sharing the best experiences in LA. Stefan and his family are currently enjoying the South Bay Bubble and living in the Rancho Palos Verdes area.