Old Long Beach (Long Beach, CA)
By Andrew Jones, LA Beach Cities Homes 310-399-3740
(Horizon Pacific Realty )
When anyone considers investments, one cliche holds remarkably true. When it comes to the supply of real estate, ‘ They aren't making any more.' This goes quadruple for beach real estate and demand is always going up. Southern California is one of the most expensive housing markets in the United States and beach properties are at a premium from Santa Barbra to San Diego. So why can you get seaside homes within ten blocks or less of the ocean for around a half million dollars (give or take) in San Pedro & Long Beach? What's wrong with this picture? Maybe nothing. San Pedro is located on the southern flank of the Palos Verdes Peninsula, home to some of the pricier neighborhoods in Los Angeles. Traditionally a working class area next to L.A. Harbor, San Pedro is one of the oldest neighborh...
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