631 W 6th Street, San Pedro, CA 90731
Los Angeles County
Key Facts
Description
We are pleased to present 631637 W 6th Street, a 13,799-square-foot raw-land assemblage consisting of two contiguous C2-2D-CPIO parcels in the heart of Central San Pedro. Offered at $1,725,000 ($125 per land square foot), the property presents investors and developers with a rare opportunity to acquire a strategically located urban infill site featuring two by-right development pathways, eliminating the uncertainty, cost, and timeline associated with discretionary entitlements.Located within a Qualified Opportunity Zone, TOC Tier 2, and a Very Low Vehicle Miles Traveled (VMT) area, the site benefits from a compelling stack of development incentives, including AB 2097 parking reductions and AB 2334 housing incentives. The assemblage can accommodate either a 10-unit income-producing multifamily development consisting of duplexes and ADUs or a 10-home SB 1123 fee-simple subdivision, both utilizing ministerial approval pathways.Positioned just minutes from the transformative 42-acre West Harbor waterfront redevelopment, the Port of Los Angeles, and Downtown San Pedro's expanding retail and entertainment corridor, the property offers investors exposure to one of Southern California's most significant waterfront revitalization efforts. With pricing below recent land-sale comparables and attractive projected returns under both development scenarios, 631637 W 6th Street presents a compelling opportunity for builders, multifamily investors, and for-sale housing developers alike.
Property Information
Property Type
Land
Lot Size
0.32 acres
Zoning
LAC2
Days on Market
8
MLS® Listing#
26845237
Property Features
Financial Details
HOA
None
Parcel Number
7451036007
Directions
Nearest cross street of W 6th Street & S Grand Avenue.
Affordability Calculator
$345,000
Estimated monthly payment
$9,181/mo
Principal $1,380,000 · Est. interest $1,925,223 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in San Pedro, CA
- $985,506
- Median Listing Price
- 69
- Median Days on Market
- 1,430
- Median Sq Ft
- $665
- Median Price / Sq Ft
- 8,621
- Active Listings
- This home’s price is 75% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in San Pedro, CA.
Location
Points of Interest in San Pedro, CA
Showing the San Pedro area map.
Nearby Schools
Cabrillo Avenue Elementary
Elementary · 0.2 mi away
Mary Star of the Sea Elementary School
Elementary · 0.2 mi away
Merry-Go-Round Nursery School
School · 0.3 mi away
Alliance Alice M Baxter College Ready High School
Secondary School · 0.3 mi away
Port of Los Angeles High School
Secondary · 0.5 mi away
Barton Hill Elementary
Elementary · 0.5 mi away
Dana Middle School
Secondary · 0.6 mi away
Fifteenth Street Elementary School
Elementary · 0.6 mi away
Bandini Street Elementary School
Elementary · 0.7 mi away
San Pedro High School
Secondary · 0.7 mi away
Holy Trinity Catholic Church
School · 0.8 mi away
Harbor Occupational Center
School · 0.8 mi away
Trinity Lutheran Church
School · 1.0 mi away
Leland Street Elementary School
Elementary · 1.1 mi away
Park Western Place & Gifted Magnet
Elementary · 1.3 mi away
Brighter Days Montessori School
Elementary · 1.4 mi away
Crestwood Street Elementary
Elementary · 1.4 mi away
San Pedro High School - Olguin Campus
Secondary · 1.7 mi away
Point Fermin Elementary School
Elementary · 1.7 mi away
Christ Lutheran Church & School
School · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 150 Cambridge St, San Francisco, CA | $1,215,000 | 3 | 2 | 1,210 |
| 150 Cambridge St, San Francisco, CA | $1,215,000 | 3 | 2 | 1,210 |
| 1411 Serena Court, San Jose, CA | $1,220,000 | 2 | 3 | 1,641 |
| 1411 Serena Court 1411, SAN JOSE, CA | $1,220,000 | 2 | — | 1,641 |
| 3635 Luna, San Diego, CA | $1,220,000 | 3 | 2 | 1,344 |
| 1411 Serena Court 1411, San Jose, CA | $1,220,000 | 2 | 3 | 1,641 |
Moving Cost Estimate
EXIT Agents in San Pedro
Listing Courtesy: Marcus & Millichap - 8182122700
Presented by: Filip Niculete and Glen Scher
Licensed in the state of California.