5
See all 5 photos
$695,000
Est. payment /mo
4,822 Sqft Lot
New
392 7th ST San Pedro, CA 90731
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25152812
HOA Y/N No
Lot Size 4,822 Sqft
Property Description
Located at the corner of West 7th Street and Mesa Street in San Pedro, this 4,822 square foot parcel offers a rare opportunity for flexible development in a thriving coastal community. Zoned CM-2 with hybrid zoning, the site allows for manufacturing, commercial, mixed-use, or residential (apartments/condos) uses—making it ideal for a wide range of projects. Currently serving as a private parking lot, the property is primed for redevelopment.
The parcel is part of the San Pedro CPIO Overlay Central District E, which permits a generous 4:1 Floor Area Ratio (FAR), offering significant buildable potential. Its designation within a federal Opportunity Zone provides substantial tax advantages for long-term investors, while the Harbor Gateway State Enterprise Zone offers potential economic incentives that further boost project feasibility.
Ideally situated near the Port of Los Angeles and downtown San Pedro, the property benefits from proximity to major transit routes and is surrounded by a blend of residential and commercial developments. With strong fundamentals and unmatched zoning flexibility, this site presents a compelling opportunity for developers looking to invest in a neighborhood on the rise.
The parcel is part of the San Pedro CPIO Overlay Central District E, which permits a generous 4:1 Floor Area Ratio (FAR), offering significant buildable potential. Its designation within a federal Opportunity Zone provides substantial tax advantages for long-term investors, while the Harbor Gateway State Enterprise Zone offers potential economic incentives that further boost project feasibility.
Ideally situated near the Port of Los Angeles and downtown San Pedro, the property benefits from proximity to major transit routes and is surrounded by a blend of residential and commercial developments. With strong fundamentals and unmatched zoning flexibility, this site presents a compelling opportunity for developers looking to invest in a neighborhood on the rise.
Location
State CA
County Los Angeles
Area 187 - Holy Trinity
Zoning LACM
Interior
Fireplace No
Exterior
Community Features Gutter(s)
Utilities Available None
View Y/N No
View None
Present Use Parking Lot
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7455012028
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Stephen Lampe Re/Max Commercial & Investment [email protected]