$1,355,000
$1,500,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 07/26/2024
Key Details
Sold Price $1,355,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24075653
Sold Date 07/26/24
HOA Y/N No
Lot Size 0.254 Acres
Property Description
We are proud to present this unique development opportunity in the South Bay coastal community of San Pedro. This property is located right in the Harbor Region of the City of Los Angeles and has unobstructed views of the Port of Los Angeles’ Main Channel. This property’s location and industrial zoning cater perfectly to the area. It creates local opportunity for a creative developer to build a space for their specific use or to continue to use the site as storage. The current zoning permits for a +/- 17K SF building based on a 1.5 FAR with a 30 Foot height. Vacant lots of this size, in this location do not come to market often. This property has the opportunity to build a generational asset in a thriving coastal community right in the heart of the key hub for international trade & commerce on the West Coast!
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Zoning LAMR1-1XL-CPIO
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N Yes
View Bridge(s), Canal, Harbor
Building
Lot Description Street Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 7456034001
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Justin McCardle • Growth Investment Group Pasade