0.62 Acre Multifamily or Commercial Development Opportunity | For Sale
739 South Grand Ave, San Pedro, CA
$5,250,000
Price
0.6198 acres
Lot Area
Overview
Description
NAI Capital Commercial Inc. has been selected to exclusively offer this 0.62 acre Multifamily/Commercial Development Opportunity in San Pedro. Zoned C2-2D-CPIO, up to 74 market rate units are allowed by right, or up to 100 units with an affordable housing component. The site is located in a Federal Opportunity Zone and the Harbor Gateway State Enterprise Zone. The parcel stretches from block-to-block and has public access on all four sides; three public streets and an alley. An existing 10,702 SF office building is fully leased to Calvary Chapel San Pedro.
San Pedro is a community within the city of Los Angeles, California. The Port of Los Angeles, a major international seaport, is partially located within San Pedro.
Highlights
- Prime San Pedro Location
- Residential or Commercial Development Allowed by Right
- Build Up to 100 Multifamily Units
- One Legal Parcel Totaling 27,000 SF (100’ x 270’)
- Surrounded by Three Streets & an Alley
- Within Walking Distance to Retail, Market and Restaurants
- Close Proximity to New West Harbor Entertainment & Shopping Complex (Under Construction)