$695,000
For Sale

392 7th Street

San Pedro, CA 90731
0.11 acres | #SB25152812
Listing OfficeRe/Max Commercial & Investment
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located at the corner of West 7th Street and Mesa Street in San Pedro, this 4,822 square foot parcel offers a rare opportunity for flexible development in a thriving coastal community. Zoned CM-2 with hybrid zoning, the site allows for manufacturing, commercial, mixed-use, or residential (apartments/condos) uses—making it ideal for a wide range of projects. Currently serving as a private parking lot, the property is primed for redevelopment.
The parcel is part of the San Pedro CPIO Overlay Central District E, which permits a generous 4:1 Floor Area Ratio (FAR), offering significant buildable potential. Its designation within a federal Opportunity Zone provides substantial tax advantages for long-term investors, while the Harbor Gateway State Enterprise Zone offers potential economic incentives that further boost project feasibility.
Ideally situated near the Port of Los Angeles and downtown San Pedro, the property benefits from proximity to major transit routes and is surrounded by a blend of residential and commercial developments. With strong fundamentals and unmatched zoning flexibility, this site presents a compelling opportunity for developers looking to invest in a neighborhood on the rise.

  • Property Details
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #SB25152812
      • MLS #SB25152812
      • Lot DescriptionCornerLot
      • Property TypePurchase
      • Original List Price$695,000
      • Acres0.1107
      • Utility SourcePublic
      • Cost695000
      • Property SubtypeLand

Location

Marjorie CrowReal Estate Group
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