Water Views
Address
111 N Harbor Boulevard San Pedro, CA
Price
$ 8,250,000
Property Attributes
- MLS#21681674
- TypeLand
- CountyLOS ANGELES
- CitySan Pedro
- AreaBarton Hill
- Zip90731
- Style
- Price$ 8,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.68 Acres
Listing Provided Courtesy Of:
Filip Niculete with Marcus & Millichap
Data Source:
CLAW
Property Description
We are pleased to present the rare opportunity to acquire a fully entitled, prime ocean-view development opportunity on Los Angeles waterfront immediately surrounded by over $1 Billion of public and private development. Located at 111 North Harbor Boulevard in San Pedro, this exciting opportunity offers an investor the chance to acquire a 0.69-acre lot fully entitled for 120 units, customize existing development plans if desired, and take advantage of the ongoing revitalization of San Pedro. This project is anticipated to be ready to break ground in just six months. Current development plans envision the project as a 129,511-square foot, six-story mixed-use building with two ground-floor retail spaces, two levels of basement parking, and a unit mix of 71 percent two-bedroom units, 18 percent one-bedroom units, and 11 percent studio apartments. Plans utilize zoning bonuses, and 11 of the units are reserved for low-income housing. The property is located in an opportunity zone and may offer significant tax benefits to the developer of this property.
| Price History | |
|---|---|
| 1/26/2021 | Listed $8,250,000 |
General Features
| MLS Area | 189 - Barton Hill |
|---|---|
| Property Type | Land |
| Sewer | Other |
| Terms | Cash, Contract, FHA, Fannie Mae, Freddie Mac, Government Loan |
| View | Ocean |
| Waterfront Features | Ocean Front |
| Zoning | LARAS4 |
Exterior Features
| Lot Size Acres | 0.68 |
|---|---|
| Lot Size Area | 29848 |
| Lot Size Square Feet | 29848 |
| Lot Size Units | Square Feet |
| View Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90731
Price
Visits
Walkscore
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
