631 W 6th Street, San Pedro (los Angeles), CA 90731
631 W 6th Street, San Pedro (los Angeles), CA 90731
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$1,725,000
Est. payment /mo
0.32 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL26845237

HOA Y/N No

Lot Size 0.317 Acres

Acres 0.3168

Property Sub-Type Unimproved Land

Property Description

We are pleased to present 631637 W 6th Street, a 13,799-square-foot raw-land assemblage consisting of two contiguous C2-2D-CPIO parcels in the heart of Central San Pedro. Offered at $1,725,000 ($125 per land square foot), the property presents investors and developers with a rare opportunity to acquire a strategically located urban infill site featuring two by-right development pathways, eliminating the uncertainty, cost, and timeline associated with discretionary entitlements.Located within a Qualified Opportunity Zone, TOC Tier 2, and a Very Low Vehicle Miles Traveled (VMT) area, the site benefits from a compelling stack of development incentives, including AB 2097 parking reductions and AB 2334 housing incentives. The assemblage can accommodate either a 10-unit income-producing multifamily development consisting of duplexes and ADUs or a 10-home SB 1123 fee-simple subdivision, both utilizing ministerial approval pathways.Positioned just minutes from the transformative 42-acre West Harbor waterfront redevelopment, the Port of Los Angeles, and Downtown San Pedro's expanding retail and entertainment corridor, the property offers investors exposure to one of Southern California's most significant waterfront revitalization efforts. With pricing below recent land-sale comparables and attractive projected returns under both development scenarios, 631637 W 6th Street presents a compelling opportunity for builders, multifamily investors, and for-sale housing developers alike.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 7451036007

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Bridge MLS
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Listed by Filip Niculete • Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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