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$1,725,000
ACTIVE Status
We are pleased to present 631637 W 6th Street, a 13,799-square-foot raw-land assemblage consisting of two contiguous C2-2D-CPIO parcels in the heart of Central San Pedro. Offered at $1,725,000 ($125 per land square foot), the property presents investors and developers with a rare opportunity to acquire a strategically located urban infill site featuring two by-right development pathways, eliminating the uncertainty, cost, and timeline associated with discretionary entitlements.Located within a Qualified Opportunity Zone, TOC Tier 2, and a Very Low Vehicle Miles Traveled (VMT) area, the site benefits from a compelling stack of development incentives, including AB 2097 parking reductions and AB 2334 housing incentives. The assemblage can accommodate either a 10-unit income-producing multifamily development consisting of duplexes and ADUs or a 10-home SB 1123 fee-simple subdivision, both utilizing ministerial approval pathways.Positioned just minutes from the transformative 42-acre West Harbor waterfront redevelopment, the Port of Los Angeles, and Downtown San Pedro's expanding retail and entertainment corridor, the property offers investors exposure to one of Southern California's most significant waterfront revitalization efforts. With pricing below recent land-sale comparables and attractive projected returns under both development scenarios, 631637 W 6th Street presents a compelling opportunity for builders, multifamily investors, and for-sale housing developers alike.

631 W 6th St, San Pedro

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$3,999,000
ACTIVE Status
1661 S Crescent Ave is a fully entitled, plan-check cleared small-lot subdivision 11 new coastal single-family residences on a 20,532 SF corner parcel in San Pedro's harborfront district. Every approval is done. Permits are in final issuance. The site sits ~0.16 miles from the Main Channel with direct sightlines toward Cabrillo Way Marina from the Crescent/Beacon knoll. San Pedro's waterfront is in the middle of its most significant transformation in decades anchored by the 42-acre West Harbor entertainment and dining destination, alongside $1B+ in port-led civic investment. West Harbor opens 2026. This is not speculative. Permits are pulled. Tenants are signed. Steel is in the ground. In coastal Southern California, the land is not what you're paying for. The approvals are. Coastal Commission entitlements on harbor-adjacent parcels are functionally irreplaceable the regulatory environment has tightened, not loosened, over the past decade. The buyer of 1661 S Crescent is not buying raw land. They are acquiring 2 to 4 years of regulatory navigation, pre-cleared, fully permitted, and ready to build from day one. Please call me with any and all questions, I am absolutely reachable by phone or text.

1661 S Crescent St, San Pedro

Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa - CA DRE#01155576

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