631 W 6th St - Residential LAND FOR SALE


San Pedro, CA 90731- Central San Pedro13,800 SF
$1,475,000 USD
818-577-9893
631 W 6th St, San Pedro, CA for Sale
$1,475,000 USD
Residential LAND - FOR SALE
1/3
13,800 SF

631 W 6th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Two contiguous parcels may be acquired together or individually.
  • Zoned C2-2D-CPIO with multifamily residential development potential.
  • Qualified Opportunity Zone designation may benefit qualifying investments.
  • Dual alley access provides additional site circulation flexibility.
  • Located near Downtown San Pedro, the Port of Los Angeles, and West Harbor.
  • Identified by-right development pathways reduce entitlement risk.

OVERVIEW

631-637 W 6th Street presents the opportunity to acquire a ±13,799-square-foot assemblage consisting of two contiguous C2-2D-CPIO parcels in Central San Pedro. Offered and valued as a land redevelopment opportunity, the property benefits from two identified by-right development pathways that reduce entitlement uncertainty and provide flexibility for a range of residential development strategies. The assemblage may be acquired together or as separate parcels, expanding the potential buyer pool and allowing investors, builders, and developers to pursue multiple execution strategies. The site is positioned within San Pedro's evolving urban core, with convenient access to downtown retail, dining, major transportation corridors, the Port of Los Angeles, and the expanding West Harbor waterfront destination. West Harbor's ongoing redevelopment, including a 6,200-seat amphitheater, entertainment venues, dining concepts, and public waterfront improvements, continues to bring investment and activity to the surrounding area. The property also benefits from proximity to the Harbor region employment base and regional connectivity via the 110 Freeway. Development feasibility is further supported by a combination of planning and legislative incentives, including Qualified Opportunity Zone designation, TOC Tier 2 eligibility, AB 2097 parking flexibility, and very-low-VMT considerations referenced in the offering materials. Existing zoning permits multifamily residential uses, and the site is identified within the Housing Element framework. For developers seeking a land basis with multiple execution options, the assemblage offers flexibility, location advantages, and a pathway to residential development in one of Los Angeles' most active waterfront submarkets.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/ACRE

$4,656,214/AC

PRICE/SF

$107 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Significant Price Reduction | Vacant | OZ

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.32 AC

LAND SF

13,799 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2-2D-CPIO

APN/PARCEL ID

7451-036-006,7451-036-007

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-577-9893

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Filip NiculeteMarcus & MillichapMore Info
818-577-9893

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.