San Pedro, California Commercial Real Estate 0 Listings

San Pedro, California: A Premier Destination for Commercial Real Estate

Introduction

San Pedro, a notable neighborhood within Los Angeles, California, offers a dynamic landscape for commercial real estate (CRE). With a population that leverages its strategic coastal location, San Pedro serves as a hub for logistics, maritime industries, and a burgeoning arts and culture scene. The city's economy is bolstered by its proximity to the Port of Los Angeles, providing unique opportunities for industrial and commercial real estate investments.

Economic and Industry Overview

San Pedro's economy is primarily driven by industries such as logistics, trade, and shipping, thanks to its proximity to the Port of Los Angeles, the busiest container port in the United States. This positions the area as an industrial hub, with high demand for warehouse and distribution facilities. Additionally, the local economy benefits from the arts and tourism sectors, which create opportunities in retail and hospitality real estate. The Los Angeles County Economic Development Corporation supports regional economic initiatives that further enhance the CRE landscape in San Pedro.

Strategic Location and Transportation Infrastructure

San Pedro boasts excellent transportation infrastructure, including access to major highways such as the I-110 and I-710, facilitating easy connectivity to greater Los Angeles and beyond. The Port of Los Angeles provides unparalleled logistical advantages for international trade. Nearby airports, including Los Angeles International Airport (LAX) and Long Beach Airport, enhance the accessibility of the area. For more information, visit the Los Angeles Department of Transportation and the Port of Los Angeles.

Commercial Real Estate Inventory & Zoning

San Pedro features diverse submarkets, including industrial corridors near the port and cultural districts in downtown San Pedro. The area offers a blend of industrial, retail, and office spaces, with recent zoning changes encouraging mixed-use developments. Significant incentives exist for developers, particularly in designated opportunity zones. You can explore zoning maps and parcel details through the City of Los Angeles Zoning Information & Map Access System (ZIMAS).

Major Employers and Institutions

Key employers in San Pedro include the Port of Los Angeles, the LA Unified School District, and Kaiser Permanente. The presence of these institutions drives demand for office and medical facilities. Additionally, the area benefits from its proximity to educational institutions like California State University, Dominguez Hills. For a comprehensive list of local employers and business directories, visit the Los Angeles Economic Development Corporation.

Notable Commercial Developments & Projects

San Pedro is witnessing several large-scale developments, such as the San Pedro Public Market, a transformative waterfront project that combines retail, dining, and community spaces. Public-private partnerships and opportunity zones further enhance the investment appeal. More details on ongoing projects can be found at the Los Angeles City Planning Department.

Building Permits, Planning, and Development Tools

For CRE professionals looking to invest or develop in San Pedro, various resources are available:

Market Data & Economic Reports

Access comprehensive data sets and economic reports through public resources like census.gov and the City of Los Angeles Open Data Portal. Brevitas offers AI-powered aggregation of public data and internal insights. Explore Brevitas-powered dashboards for San Pedro's CRE market here.