Point Fermin (181) Homes under $2 million

**Discover Point Fermin: A Coastal Gem in San Pedro, CA**

Nestled in the picturesque city of San Pedro, California, Point Fermin is a charming coastal neighborhood that offers a unique blend of natural beauty, rich history, and vibrant community life. This hidden gem in Los Angeles County is renowned for its stunning ocean views, lush parks, and the iconic Point Fermin Lighthouse, which dates back to 1874. Residents and visitors alike are drawn to the area's breathtaking coastal trails and the serene ambiance that comes from living near the Pacific Ocean.

Point Fermin boasts a diverse selection of homes, with many options available for under $2 million. Whether you’re searching for a cozy bungalow, a modern family home, or a spacious property with panoramic ocean views, Point Fermin has something to suit every lifestyle. The neighborhood’s architectural styles range from charming Craftsman homes to contemporary designs, ensuring that buyers can find their dream home in this idyllic setting.

The community is also known for its friendly atmosphere, with local parks, community events, and a strong sense of belonging among residents. Families will appreciate the proximity to excellent schools, while outdoor enthusiasts can explore nearby beaches and hiking trails. With its combination of affordability and coastal charm, Point Fermin is not just a place to live; it’s a lifestyle waiting to be embraced.

Explore Point Fermin today and discover why this coastal enclave is the perfect place to call home. Your dream home in San Pedro awaits!

Newest Point Fermin (181) Homes under $2 million

$609,000

2 Beds ⋅ 2 Baths ⋅ SB26231983 MLS ⋅ Active Status

Wake up to breathtaking ocean views every day from this stunning coastal retreat. Perfectly designed to maximize its prime location, this spacious condo features expansive marine vistas that flow seamlessly across the living room, dining area, and kitchen. Step out onto the oversized private balcony, the ultimate spot to unwind, entertain, and soak in the ocean breeze. The thoughtful floor plan boasts a generous primary en-suite bedroom and a comfortable second bedroom with an adjacent full bathroom. Designed for effortless modern living, the dining area opens directly into a spacious living room anchored by a cozy fireplace. Additional premium conveniences include an in-unit laundry area, abundant closet and storage space, and two dedicated parking spots. Enjoy the absolute best of coastal living with proximity to Cabrillo Beach, Pt. Fermin Park, local shopping, dining, and easy access to the 110 freeway.

2910 S Peck Unit 6, 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

4 Beds ⋅ 2 Baths ⋅ PV26209599 MLS ⋅ Active Status

Discover this beautifully reimagined property in charming Point Fermin, where thoughtful renovations and modern upgrades create an ideal investment opportunity. Both units were rebuilt down to the studs and completely remodeled, offering the feel and functionality of a brand-new property. The front house has been thoughtfully expanded with additional square footage, while the former garage has been converted into a fully completed ADU completed in 2024. Extensive improvements throughout the property include new electrical systems, insulation, drywall, roofing, stucco, air-conditioning units, and driveways, along with the added convenience of EV chargers for both units.Designed with flexibility and independence in mind, each unit has its own gas and electrical meter, with only the water meter shared between the two. Whether you're looking for a multi-generational living arrangement, supplemental rental income, or a strong investment opportunity in one of San Pedro's most distinctive neighborhoods, this property offers an exceptional combination of modern updates, functionality, and location. **Both the front house and ADU are tenant occupied. Please do not disturb**

2641 S Kerckhoff Avenue, San Pedro

$1,100,000

SB26190708 MLS ⋅ Active Status

Discover this beautifully reimagined property in charming Point Fermin, where thoughtful renovations and modern upgrades create an ideal investment opportunity. Both units were rebuilt down to the studs and completely remodeled, offering the feel and functionality of a brand-new property. The front house has been thoughtfully expanded with additional square footage, while the former garage has been converted into a fully completed ADU completed in 2024. Extensive improvements throughout the property include new electrical systems, insulation, drywall, roofing, stucco, air-conditioning units, and driveways, along with the added convenience of EV chargers for both units. Designed with flexibility and independence in mind, each unit has its own gas and electrical meter, with only the water meter shared between the two. Whether you're looking for a multi-generational living arrangement, supplemental rental income, or a strong investment opportunity in one of San Pedro's most distinctive neighborhoods, this property offers an exceptional combination of modern updates, functionality, and location.

2641 S Kerckhoff Avenue, San Pedro

$1,488,000

PV26204292 MLS ⋅ Active Status

FRONT UNIT WITH PRIVATE PATIIO AND PANORAMIC OCEAN AND HARBOR VIEWS WILL BE DELIVERED VACANT! Perfect for owner occupied. Fantastic investment opportunity in the heart of historic Point Fermin! This charming four-plex is ideally situated on a quiet, tree-lined residential street just moments from schools, shopping, dining, and major transportation routes. Point Fermin is one of San Pedro’s most desirable neighborhoods, known for its coastal beauty, community feel, and proximity to parks and the Cabrillo beach waterfront. The property is fully occupied, offering strong income flow and low-maintenance. Two one bedroom, one bath. One two bedroom, one bath and one two bedroom, two bathrooms. All in good shape with current monthly income at $8,265. Improvements since 2000 - new sewer line and exterior paining, new permanent wood pergola on deck, new water wise landscaping. All units have hardwood floors. Each unit features convenient in-unit laundry hook-ups, and there are four parking spaces located at the rear of the property. Whether you're a seasoned investor or looking to start your portfolio in a thriving coastal community, this is a must-see!

545 W 36th Street, San Pedro

$1,799,000

4 Beds ⋅ 4 Baths ⋅ PW26137675 MLS ⋅ Active Status

PANORAMIC OCEAN & HARBOR VIEWS | CONTEMPORARY DESIGN | ARCHITECTURAL SHOWPIECE | MULTIPLE VIEW DECKS | ENTERTAINER'S RETREAT | Perched above San Pedro with breathtaking panoramic views stretching across the Pacific Ocean, Los Angeles Harbor, city lights, and coastline, this striking contemporary residence showcases dramatic architecture, expansive living spaces, and an exceptional indoor-outdoor lifestyle. Custom double entry doors open to a dramatic foyer featuring soaring ceilings, an open-riser staircase, designer lighting, and beautiful stained glass accents. Walls of glass fill the main living spaces with natural light while framing spectacular water views from nearly every level. The impressive living room features vaulted ceilings, a sleek fireplace with a custom wood accent wall, expansive picture windows, and seamless access to a spacious view balcony. The chef's kitchen is beautifully appointed with Viking stainless steel appliances, quartz countertops, custom cabinetry, a large center island, abundant built-in storage, and an adjoining dining area overlooking the harbor. The spacious primary suite serves as a private retreat with its own sitting area, dual view balconies, a spa-inspired bath with dual vanities, oversized walk-in shower, soaking tub, and a private hot tub perfectly positioned to capture the incredible views. Additional bedrooms are generously sized, while multiple flex spaces provide endless possibilities for a home office, media room, gym, guest quarters, or creative studio. Approximately five private decks and balconies create exceptional indoor-outdoor living, offering countless spaces to relax, entertain, and enjoy unforgettable sunsets over the ocean. Additional highlights include wide-plank hardwood flooring, designer lighting, beautifully updated bathrooms, contemporary finishes, and extensive custom details throughout. Ideally located just minutes from waterfront dining, marinas, coastal parks, beaches, and the exciting West Harbor development, this extraordinary residence delivers modern coastal living with some of San Pedro's most breathtaking panoramic views.

3448 S Carolina Street, San Pedro

$899,000

SB26188559 MLS ⋅ Active Status

INVESTMENT OPPORTUNITY IN SAN PEDRO! Welcome to 580 W. 22nd Street, a fully occupied 4-unit apartment building prominently situated on a corner lot at W. 22nd Street and Grand Avenue. This income-producing property provides an opportunity for investors seeking an established multifamily asset with existing tenants and immediate rental income with upside potential. The property consists of four 1-bedroom, 1-bath units within approximately 2,912 SF of building area on a 5,401 SF lot with oversized parking lot. All four units are currently occupied and the property is being sold with the existing tenants in place. The building features separately metered gas and electricity, helping simplify utility management, along with tandem off-street parking. Located in San Pedro's Point Fermin area, the property offers convenient access to the waterfront, harbor, marina, shopping, dining and major transportation routes. The corner-lot configuration and established four-unit use make this an attractive opportunity for a long-term multifamily investor looking to add a South Bay/Harbor Area income property to their portfolio.100% Occupied • 4 Units • Corner Lot • Oversized Parking Lot with Tandem Parking for 8 Vehicles • Future Upside on Monthly Rental Income • Separately Metered Gas & Electric.

580 W 22nd Street, San Pedro

$749,500

2 Beds ⋅ 1 Baths ⋅ RS26182423 MLS ⋅ Active Status

*This beautifully maintained home is a must-see! The seller is motivated and may consider a credit towards the buyer's closing costs. Submit your strongest offer* Welcome to 2639 S. Denison Avenue, a charming 1920s cottage bungalow that has quietly served as a gathering place, a retreat, and a cherished part of one family’s story for generations. Now, for the first time in decades, it is ready to welcome its next chapter. Set near the southern tip of the San Pedro Peninsula, this inviting 2BD/1BA home captures the relaxed character of coastal living, where ocean breezes mingle with the Peninsula’s timeless charm. A welcoming front porch sets the tone, opening to interiors that feel bright, comfortable, and refreshingly uncomplicated. Updated LVP flooring runs throughout the home, complemented by a soft neutral palette that allows its original character to shine. At the heart of the living room, a classic fireplace with a distinctive mosaic hearth offers a reminder of the home’s 1920s roots and the kind of architectural detail that simply cannot be recreated. The floor plan unfolds with easy style. Sunlight fills the living spaces through generously sized windows, while the kitchen retains the approachable charm of the era with abundant cabinetry and room for casual dining. Both bedrooms offer comfortable proportions, creating spaces that feel equally suited to quiet mornings, visiting family, or a thoughtfully designed home office. Outdoors, the property takes on another personality. A lush, tropical-inspired backyard greenscape creates a private setting with mature plantings, garden areas, and space to imagine long afternoons outdoors, weekend gatherings, or a secluded coastal retreat of your own. A shared driveway leads to an extended detached garage, with laundry hookups located in the garage and the backyard, adding valuable flexibility and utility. The location completes the picture of this home’s potential. Close to Fort MacArthur, Pt. Fermin Park, Cabrillo Beach and Marina, downtown San Pedro’s dining and shopping, and the "West Harbor" waterfront development, the home places some of the area’s most distinctive coastal attractions within easy reach. Some homes are renovated into something entirely new. 2639 S. Denison Avenue is special because it has been carefully carried forward. A well-loved coastal cottage with nearly a century of character, four decades of one family’s memories, and an opportunity for its next owner to become part of the story.

2639 S Denison Avenue, San Pedro

$1,275,000

8 Beds ⋅ 4 Baths ⋅ 26870919 MLS ⋅ Active Status

$25K Price Reduction! 6.38% Cap Rate Perfect 1st Time Buyer Purchase Opportunity! We are pleased to present the exclusive offering of 2404 S Carolina St, a well-maintained coastal multifamily investment located in the desirable San Pedro submarket. This exceptional asset represents an attractive opportunity to acquire a 4-unit apartment community in one of Southern California's established coastal rental markets. Originally constructed in 1957, the property consists of approximately 3,672 rentable square feet situated on a 6,092 square foot lot. Residents enjoy ocean views from the property, further enhancing its desirability and tenant appeal. Ideally situated in the Point Fermin neighborhood, the property is near the San Pedro waterfront, Cabrillo Beach, Point Fermin, West Harbor, and a variety of restaurants, retail, and entertainment destinations, offering residents a desirable coastal lifestyle with convenient access to the broader South Bay and Los Angeles markets. Additional amenities include in-unit washers and dryers, four covered parking spaces, and a shared outdoor patio. The property has also benefited from significant recent capital improvements, including a completely repaired foundation, new PEX plumbing throughout the building, five new electrical panels, new exterior paint, and extended gutters. Both upstairs units have been fully renovated, providing a strong foundation for continued property performance. The property is currently operating at a 6.23% capitalization rate and an 11.63 GRM, offering investors an attractive combination of current cash flow and future upside. Additional value-add potential can be realized through renovations to the downstairs units and strategic rent increases, allowing a new owner to enhance rental income and overall property performance. Potential ADU development may provide additional upside, subject to applicable zoning and permitting requirements. Buyer to verify all ADU development potential, requirements, and feasibility. 2404 S Carolina St provides investors with an opportunity to acquire a well-maintained coastal multifamily asset at an attractive basis, with a combination of current income, recent capital improvements, and future value-add potential. The property's desirable San Pedro location, ocean views, parking, in-unit laundry, and proximity to ongoing waterfront revitalization position it as an attractive investment opportunity with potential for long-term income growth and appreciation.

2404 S Carolina Street, San Pedro

$799,900

PV26172544 MLS ⋅ Active Status

Prime Point Fermin Duplex, Fully Vacant with Excellent Potential! Discover this rare opportunity to own a fully Vacant Duplex in the highly desirable Point Fermin Neighborhood of San Pedro. The Property features 2 Separate Units: a spacious 2 Bedroom, 1 Bath Unit & a 1 Bedroom, 1 Bath Unit, each with its own Laundry Room & dedicated Gas Meter. A detached Garage with Alley Access provides convenient Parking and offers potential for additional development, including a possible 3rd Unit (Buyer to verify all Development possibilities with the City). The Property’s Prime Location is just minutes from Cabrillo Beach, Point Fermin Park, The Coast, 22nd Street Landing, local Breweries, and San Pedro’s exciting Waterfront Revitalization. Enjoy close proximity to the upcoming $500 Million West Harbor Waterfront Development and the new San Pedro Waterfront Amphitheater Project. With both Units delivered Vacant, this Property offers flexibility for an owner occupants, investors, or buyers looking to maximize its rental potential. A unique opportunity in one of San Pedro’s most sought after Coastal Neighborhoods!

440 W 22nd Street, San Pedro

$399,000

1 Beds ⋅ 1 Baths ⋅ DW26170808 MLS ⋅ Active Status

Welcome to this charming one-bedroom condo offering an incredible opportunity to enjoy the best of San Pedro coastal living. Unit #208 is Located on the second floor, this residence features an expansive living room with truly spectacular panoramic views of the ocean,Los Angeles Harbor and port, the city skyline, and dazzling city lights. The thoughtfully designed floor plan includes a spacious living area, a dedicated dining space, and a kitchen that was remodeled at some point and offers a great foundation for future updates. With some TLC, this home has the potential to become a beautiful coastal retreat, weekend getaway, or wonderful investment opportunity. Additional features include one assigned parking space in a subterranean gated garage, as well as a private storage locker conveniently located above the parking space—an ideal bonus for storing seasonal items, beach gear, and more. Enjoy the convenience of being close to local restaurants, shopping, entertainment, waterfront attractions, and the scenic Palos Verdes Peninsula. With its exceptional views, desirable location, and outstanding potential, this San Pedro condo is a rare opportunity to create your own special place overlooking the coast.

2424 S Gaffey, San Pedro

2424 S Gaffey Street Unit 102, San Pedro

$460,000

1 Beds ⋅ 1 Baths ⋅ CV26167165 MLS ⋅ Active Status

Here is your incredible opportunity to live by the ocean in San Pedro! Discover this charming 1-bedroom, 1-bath condominium nestled in one of San Pedro's most desirable oceanfront neighborhoods, Historic Point Fermin! This well-cared-for lower-level end unit offers the convenience of single-level living, so there are no stairs to climb! This property includes a private balcony with a relaxing peek-a-boo ocean view! 2424 S Gaffey is perfect for first-time buyers, a young couple, an older couple looking to downsize, or just a couple of best friends that are looking to stop paying rent and start building equity with an affordable coastal lifestyle. Located within a quiet and intimate 18-unit community, right around the corner from Point Fermin Park, the historic Point Fermin Lighthouse, Cabrillo Beach, Angel's Gate Park, and the world-famous Korean Friendship Bell. Spend your evenings enjoying spectacular Pacific Ocean sunsets, and scenic bluff-top walking paths, and easy access to neighboring South Bay beach communities. Whether you're looking for a primary residence, vacation home, or investment opportunity, this ocean-close condo offers incredible value in one of Southern California's fastest-growing coastal markets.

2424 S Gaffey Street Unit 102, San Pedro

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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.

Point Fermin (181) Homes under $2 million

Newest Point Fermin (181) Homes under $2 million

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