Square Feet: 11,610
Sales Price: $2,599,000
Prime Coastal San Pedro Development Opportunity 3 contiguous lots with approx. 11,620 sq. ft. of land total C2 Commercial Zoning. The coastal offering qualifies under Los Angeles’ Transit Oriented Communities program and sits within the border of a federally designated Opportunity Zone.
As of May 2023, there are several major developments underway or recently completed in San Pedro, California:
1. The San Pedro Public Market: Formerly the Ports O'Call Village, this area is being redeveloped into a vibrant retail, dining, and entertainment destination. The San Pedro Public Market will feature 16 acres of outdoor space with a new boardwalk and a 6-acre park, as well as a variety of restaurants and shops.
2. AltaSea: This ocean innovation center is located at the Port of Los Angeles in San Pedro and aims to serve as a hub for marine research and education. The 35-acre campus includes state-of-the-art laboratories, a conference center, and a variety of ocean-focused businesses.
3. Harbor Boulevard Development: The Harbor Boulevard corridor in San Pedro is being revitalized with new mixed-use developments, including retail and residential spaces, as well as improved pedestrian and cycling infrastructure.
4. The Ponte Vista Development: This residential development is located on the former Navy housing site in San Pedro and consists of 676 homes and townhomes, as well as community amenities such as parks and trails.
5. Port of Los Angeles Waterfront: The Port of Los Angeles is undergoing a major makeover, with plans to add 400 acres of green space and public access to the waterfront. This will include new parks, sculptures, and walking and bike paths.
