537 Nelson, San Pedro, CA 90731
537 Nelson, San Pedro, CA 90731
537 Nelson, San Pedro, CA 90731
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Cynthia Burts, DRE #01134271 • Burts & Associates
$2,750,000
Est. payment /mo
0.27 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26146138

Lot Size 0.267 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Burts and Associates is proud to present 537 Nelson Street, San Pedro. MAJOR $1,450,000 PRICE REDUCTION - Now $28,061 Per Unit - BRING OFFERS. Fully Entitled and Shovel-Ready, This Project is Approved for Immediate Construction, Providing an Opportunity to Begin Development without Entitlement Delays. 100% ED-1 Affordable Mixed-Use Development in the Heart of Historic Downtown. This RTI-ready project has final ED1 approval for 98 units under AB 1763, AB 2345, and AB 2097, offering an immediate close opportunity for a high-impact affordable housing investment. The six-story, Type III wood-frame building over a concrete podium includes a highly efficient unit mix: 49 one-bed/one-bath units (350 SF) and 49 studio/one-bath units (260 SF). Each unit is thoughtfully designed to maximize livability in a compact footprint, making it ideal for urban tenants. The development also features ground-floor commercial space, community amenities, and secure bicycle parking, enhancing both resident experience and long-term value. Strategically located near the major transit hub at 7th & Mesa, the property offers excellent walkability to the West Harbor redevelopment-a future entertainment and dining destination on the LA Waterfront. The location is also steps from cultural landmarks like the

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LWS,LSR

Exterior

View Bridge , Hills, Marina, Ocean, Panoramic, Water, City Lights

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 7455013016

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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