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Land For Sale • 0.12 AC
| Develop either a 10-unit multifamily income project (duplexes + ADUs) or a 10-home SB 1123 fee-simple subdivision, both through ministerial approvals |
| Offered at $125 per land square foot, the site is priced below recent San Pedro development land sales averaging approximately $162 per SF |
| The property lies within a federal Qualified Opportunity Zone, creating potential capital gains tax advantages for eligible investors and developers. |
| Benefits include TOC Tier 2 eligibility, AB 2097 parking flexibility, AB 2334 Very Low-VMT incentives, and Housing Element designation. |
| The assemblage consists of two separately conveyable parcels totaling ±13,799 SF, allowing investors to acquire, and develop. |
| Situated near the West Harbor waterfront redevelopment, Port of Los Angeles, Downtown San Pedro retail corridor. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Long Beach (Daugherty Field) | 21 min | - | 13.6 mi |
| Los Angeles International | 28 min | - | 20.5 mi |
| John Wayne/Orange County | 43 min | - | 33.8 mi |
Tony Dang
Marcus & Millichap
Tony Dang
Marcus & Millichap
