The history of the peninsula goes back to the time of the Incas, when, due to the favorable situation, the fishermen settled there. After colonization, La Punta continued to serve mainly as a fishing village, in the 17th century a maritime school was founded, it still exists today as a naval academy and occupies a large part of the western end of the peninsula.
In 1746, La Punta, like Callao itself, was totally destroyed by an earthquake. But the population was not deterred by the potentially recurrent danger and rebuilt the place. Later, La Punta became a popular tourist center and home to the better-off population. In the first half of the 20th century, mainly Peruvians of Italian origin settled in La Punta, and today this heritage can still be seen in the Italian architecture of some buildings.