Plaza (185) Homes under $1.25 million

Welcome to Plaza, a hidden gem nestled in the vibrant city of San Pedro, California. Situated in the heart of Los Angeles County, this charming neighborhood offers a unique blend of coastal living and urban convenience. With its picturesque views of the Pacific Ocean and a rich maritime history, Plaza is the perfect place for those seeking a serene lifestyle without sacrificing access to city amenities.

Homes in Plaza are diverse and inviting, with a variety of architectural styles that reflect the area’s character. The best part? You can find delightful properties under $1.25 million, making it an attractive option for first-time homebuyers, families, and investors alike. Whether you're searching for a cozy bungalow, a spacious family home, or a modern townhouse, Plaza has something for everyone.

In addition to its affordable housing options, Plaza boasts a strong sense of community. Residents enjoy easy access to local parks, charming boutiques, and a selection of dining options that cater to all tastes. The nearby waterfront offers opportunities for outdoor recreation, from leisurely strolls along the marina to exciting water sports.

With its rich cultural heritage, stunning ocean views, and a welcoming atmosphere, Plaza in San Pedro is not just a place to live—it's a place to thrive. Explore the homes available under $1.25 million and discover the perfect setting for your new chapter in this enchanting coastal community. Your dream home awaits in Plaza!

Newest Plaza (185) Homes under $1.25 million

$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

$1,099,000

SB26207259 MLS ⋅ Active Status

Charming Spanish 6 Unit property available in the heart of San Pedro! This property consists of 6 one bedroom units which are all occupied with four garages located in the real alley-way. Located centrally to main thoroughfares as well as only minutes distance from freeway access, the brand new West Harbor Development, Historic Downtown San Pedro, and much more. This is a great chance to add a excellent income property to your portfolio. Price for immediate sale!

566 W 17th, San Pedro

$950,000

SR26164033 MLS ⋅ Active Status

Don't miss this exceptional opportunity to own an income-producing fourplex located just half miles from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment. Please read agent remarks for showing.

521 W 16th, San Pedro

$979,000

3 Beds ⋅ 4 Baths ⋅ 26862921 MLS ⋅ Active Status

2 of 4 UNITS DELIVERD VACANT! 372 W 11th St, a 4-unit multifamily property in the San Pedro submarket of Los Angeles. The property offers investors an excellent opportunity in a tight coastal rental market, combining immediate rental upside with substantial ADU expansion potential. The property encompasses approximately 3,151 square feet on a .11 acre lot and features a unit mix of (3) 1BR/1BA units and (1) Studio + Den/Office unit. Two of the four units are delivered vacant and fully remodeled. Ownership carries out numerous capital improvements in recent years, including a full roof and plumbing replacement. The drain line is fully updated, and water supply plumbing is approximately 90% copper, reducing near-term capital needs for a buyer. The state required SB-721 balcony inspection has also been completed and passed. Units also have W/D hookups. The property also presents strong ADU potential (Buyer to Verify), with a preliminary site plan for 4 additional ADU units totaling approximately 2,140 square feet. This expansion would nearly double the property's footprint to 8 total units and 5,291 total square feet, offering a significant avenue for future income growth. Each existing unit includes a dedicated parking space, with a separate structure in the rear of the property. Ideally situated in the vibrant San Pedro submarket, the property benefits from proximity to the Port of Los Angeles, the revitalized downtown waterfront, and a growing corridor of retail and dining. Continued investment in waterfront amenities, along with proximity to Cabrillo Beach and Los Angeles Harbor College, supports strong and consistent rental demand from a diverse tenant base seeking coastal access at relative affordability within Los Angeles County.

372 W 11th Street, San Pedro

$839,000

5 Beds ⋅ 4 Baths ⋅ PW26128664 MLS ⋅ Active Status

Opportunities like this are becoming increasingly rare. This versatile triplex offers a unique blend of income potential, flexibility, and long-term value. With a combined total of 5 bedrooms and 3.5 bathrooms across approximately 2,152 square feet, the property provides multiple living arrangements suited for investors, owner-occupants, or multi-generational households. The front unit features 3 bedrooms and 1.5 bathrooms, offering comfortable living space with classic charm and plenty of potential. The second and third units each feature 1 bedroom and 1 bathroom, creating additional rental income opportunities and a desirable unit mix. All three units will be delivered occupied, providing immediate income potential for the next owner. While the property could benefit from some TLC and cosmetic improvements, it offers a solid foundation and the opportunity to add value over time. A standout feature is the four garage spaces, providing ample parking, storage, or potential workspace options—an amenity that is often difficult to find in multi-unit properties. Whether you're looking to expand your investment portfolio, generate rental income, or accommodate a variety of living arrangements, this property offers the flexibility and upside to make it your own. Investment opportunities with strong income potential, a desirable unit mix, and valuable garage space are becoming increasingly hard to find. Don't miss the chance to add this unique property to your portfolio.

549 W 12th Street, San Pedro

$394,000

1 Beds ⋅ 1 Baths ⋅ RS26127645 MLS ⋅ Active Status

Charming 1-bedroom, 1-bath condo offering over 800 sq. ft. of comfortable living space in the heart of San Pedro. The unit/community includes two parking spaces, ample storage, and a fitness center. Ideally located just minutes from the World Cruise Center, Catalina Express, Cabrillo Beach, Fort MacArthur, and the exciting San Pedro Waterfront revitalization on the former Ports O' Call site. Enjoy convenient access to shopping, dining, entertainment, and major transportation routes. A fantastic opportunity for first-time buyers, downsizers, or investors looking to enjoy Southern California coastal living. Seller is motivated!

1311 S Grand Unit 10, San Pedro

$374,999

1 Beds ⋅ 1 Baths ⋅ PW26115036 MLS ⋅ Active Status

PRICE IMPROVEMENT! Freshly updated top-floor 1-bedroom, 1-bath condo featuring a private balcony and city/hillside views with a partial ocean view. Highlights include new flooring throughout, fresh interior paint, a comfortable living and dining area, and secure gated parking. Community amenities include a recreation room/gym and laundry facilities. Convenient location near local shops, dining, parks, the San Pedro waterfront, and freeway access.

1311 S Grand Avenue Unit 18, San Pedro

$729,000

SB26072046 MLS ⋅ Active Status

Craftsman triplex with 3 detached garages. New roof recently and electrical has been upgraded. Each unit has it own service porch with laundry hookups. Below market rent provides for future upside potential. Short distance to the Marina and West Harbor waterfront.

645 W 21st, San Pedro

$699,000

2 Beds ⋅ 1 Baths ⋅ GD25152689 MLS ⋅ Active Status

Discover an exceptional mixed-use property in historic San Pedro that combines commercial and residential potential in one prime location. This exciting opportunity features a successful street-level market, approximately 900 Sq.Ft, complete with a beer and wine license, making it ideal for aspiring entrepreneurs. Please note that the sale includes the property itself, but the store business is not included in the sale. Above the bustling market, a charming two-bedroom, nearly 500 Sq.Ft unit awaits, perfect for owner occupancy or rental income. This versatile space offers an attractive balance of living and working, making it a great investment in a thriving community. Located near Ports of Call and in the heart of the Los Angeles Harbor, this property boasts excellent visibility and foot traffic. Don’t miss out on the chance to own a property with such great potential, both as a profitable business space and a comfortable home!

285 W 9th Street, 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.