San Pedro is a community on the rise. The portside neighborhood is in the midst of a transformation with new residential developments springing up from downtown to the former Navy housing site. If you’re looking to purchase a new home in an affordable area with rising investment potential, consider one of these townhouse or single-family home developments.
Developer: D.R. Horton
Address: 1841 South Mesa Street
Priced from: the $670,000s
22 At Portside is located steps away from 22nd Street Park, an 18-acre green space with hiking trails and sparkling water views. This exclusive collection of 22 three-story homes is now selling with floorplans featuring three bedrooms, two-and-a-half bathrooms and two-car garages. Residences tout rooftop decks with panoramic views and plenty of space for outdoor entertaining. There are elementary, middle and high schools all less than a mile away, and nearby attractions include Brouwerij West, the San Pedro Fish Market and Cabrillo Beach.
2. 24 On Centre
Developer: Williams Homes
Address: 295 West 8th Street
Priced from: $839,900
Nine move-in ready homes are now selling at 24 On Centre, an enclave of single-family residences just blocks from the upcoming $150 million waterfront Public Market. Boasting three to four bedrooms, rooftop decks, attached two-car garages, island kitchens and flex rooms (as per plan), these modern residences provide up to 2,065 square feet of living space. Walk to local restaurants, breweries, cafes, event venues and theatres, or commute to DTLA in under 25 miles.
3. Ponte Vista
Developer: KB Home
Address: 26900 South Western Avenue
Priced from: TBA
Coming soon to the former site of the San Pedro Naval Housing Complex is Ponte Vista, a community of 79 single-family homes. The residences will border adjacent lots, some on all sides, without streets between them to maximize space and create a pedestrian-friendly environment. Although sales haven’t yet launched to the public, prospective buyers can expect Spanish-style elevations, walking paths, pocket parks and a community recreation center. Historic downtown San Pedro and nature preserves are a short drive away, as are public and private schools, golf courses, grocery stores and big-box retailers.