735 S Grand Ave - Commercial LAND FOR SALE


San Pedro, CA 90731- Central San Pedro27,007 SF
$6,400,000 USD
949-887-7872
735 S Grand Ave, San Pedro, CA for Sale
$6,400,000 USD
Commercial LAND - FOR SALE
1/8
27,007 SF

735 S Grand Ave
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Entitled Seven (7)-Story Mixed-Use Building with 166 Parking
  • Plus 29 ADUs designed into Project for 154 Total Units
  • 2,200 SF of Leasable Commercial Space on 1st Floor
  • Site Covers Entire Block: 100'x270'
  • Zoned C2-2D-CPIO
  • Total Parking: 166 spaces

OVERVIEW

Entitled 125-unit multifamily project plus 29 ADUs designed into the plan to be built post-construction (Ultimate build-out of 154 residential units); 14 Units designated for Very Low Income, 4 Units designated for Moderate Income, plus 2,200 SF of Leasable Commercial Space on 1st Floor. Structure is a seven (7)-story mixed-use multifamily building with ground floor retail, one (1) level of subterranean parking, and a total of 166 parking spots. Building design is comprised of five (5) stories of Type III-A wood framed residential construction and three (3) stories of Type I-A concrete parking construction (one level underground parking). Project is exempt from the City Linkage Fee. Additional development information is available. Zoned C2-2D-CPIO, 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. The site is located in the Harbor Gateway State Enterprise Zone, the State Opportunity Zone and a Targeted Employment Area (TEA). The current tenant is paying $6,200 per month plus an has an LA County exemption for property taxes (current lease can be terminated with 120-day notice).

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/ACRE

$10,322,664/AC

PRICE/SF

$237 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Entitled 125-Unit Multifamily Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Hold for Development, Medical, Planned Unit Development, Religious Facility, Restaurant, Storefront Retail/Residential

LAND ACRES

0.62 AC

LAND SF

27,007 SF

OFFSITE IMPROVEMENTS

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

ZONING

C2-2D-CPIO

APN/PARCEL ID

7454-002-024

ASK ABOUT THIS PROPERTY

David KnowltonNAI CapitalMore Info
949-887-7872

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David KnowltonNAI CapitalMore Info
949-887-7872

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