Mixed Use Development | 27 Apartments+Retail

Highlights:

• 50% Approved Plans | Mixed-Use Development – Project is midway through the permitting process with first-round comments addressed.
• 10,001 SF Lot | Zoned C2-2D-CPIO – Favorable zoning allows for a mix of residential and commercial uses, maximizing development flexibility.
• 27 Residential Units + Ground-Floor Retail – Efficient mix of 21 studios, 3 one-bedrooms, and 3 two-bedrooms, paired with 664 SF of retail.
• 20,000 SF Total Buildable Area – Plans call for a modern six-story design with podium parking, creating a high-density project.
• 100% Market-Rate Units – No affordable requirements, providing full control over unit pricing, lease-up strategy, and revenue potential.

Description:

The LAAA Team at Marcus & Millichap is pleased to present 646 W. 6th Street, a prime mixed-use development opportunity located in the heart of San Pedro, California. Situated on a 10,001-square-foot (0.23 acre) lot, the project is designed to deliver a modern six-story structure totaling approximately 20,000 square feet of buildable area.

The proposed plans—currently 50% through the permitting process—call for 27 residential units comprised of 21 studios, 3 one-bedrooms, and 3 two-bedrooms, offering a highly efficient and marketable unit mix. The design also includes a 664-square-foot ground-floor retail space, strategically positioned to benefit from strong pedestrian visibility along W. 6th Street.

Parking will be provided through a podium-style garage on the first and second floors, offering 33 stalls in total, including ADA-compliant, EVCS, and standard spaces, in alignment with zoning and code requirements. The project has already completed its first round of plan-check comments and is advancing toward re-submission, allowing an investor to step in and complete the entitlement process with the project architect.