Not every home in the Los Angeles South Bay goes for $1,000,000 plus.
San Pedro is actually one of the more affordable cities in the South Bay to buy a home, with an average home price of $633,000. However, it’s also a great place for first time home buyers to find homes for under $400,000. Most are two bedrooms, one bathroom, and about 1100 sq.ft. Often times, your mortgage payment will be less than what you would pay in rent.