3401 S Pacific Avenue

    San Pedro, CA 90731
    • $1,100,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: SB19249815
    UPDATED: 35 min ago
    $1,100,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,312
      SQFT
    • $838
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1955
    County:

    School Ratings & Info

    Description

    PRIME LOCATION! This offering includes two parcels a corner lot that was previously an auto repair/gas station and the property next door that currently has two homes on it. Both lots are 50 ft wide so you get 10,000 sq ft of land zoned C1 (100 ft of frontage on Pacific Ave.). San Pedro was recently designated as a federal "Opportunity Zone" and now is a great time to take advantage of the strong development interest and housing demand in this area. Information obtained from Building & Safety indicates that up to 12 residential units can be built on the property but interested parties are advised to consult with all local government agencies regarding the current use and any proposed use for the properties. Corner lot may need soil remediation and/or tank removal. Seller has no information or reports pertaining to condition of soil and it will be up to any interested party to conduct their own 3rd party investigations. There's also the potential to rehab the existing two homes on a lot and develop just the corner lot. LOTS OF OPTIONS HERE!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T08:28:02.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/100241439

    3401 S Pacific Avenue San Pedro, CA 90731

    • Price: $1,100,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: SB19249815
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,312
    SQFT
    $838
    $/SQFT
    1955
    Built
    Neighborhood:
    181 - Point Fermin
    County:
    Los Angeles
    Area:
    181 - Point Fermin
    Property Description
    PRIME LOCATION! This offering includes two parcels a corner lot that was previously an auto repair/gas station and the property next door that currently has two homes on it. Both lots are 50 ft wide so you get 10,000 sq ft of land zoned C1 (100 ft of frontage on Pacific Ave.). San Pedro was recently designated as a federal "Opportunity Zone" and now is a great time to take advantage of the strong development interest and housing demand in this area. Information obtained from Building & Safety indicates that up to 12 residential units can be built on the property but interested parties are advised to consult with all local government agencies regarding the current use and any proposed use for the properties. Corner lot may need soil remediation and/or tank removal. Seller has no information or reports pertaining to condition of soil and it will be up to any interested party to conduct their own 3rd party investigations. There's also the potential to rehab the existing two homes on a lot and develop just the corner lot. LOTS OF OPTIONS HERE!
    Exterior Features

    Lot Features Corner LotValue In Land Lot Size Dimensions 100 X 100 Lot Size Source Assessor Lot Size Units Square Feet Waterfront Features Marina in Community

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels Description 7467-007-002 Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Business Special Listing Conditions Trust Water Source Public Zoning C1

    Listing provided courtesy of Gary Krill of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T08:28:02.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
     
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