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631 W 6th St - Qualified Opportunity Zone Development Site Lot • Résidentiel • 0,11 Acres • 2 418 329 $ CAD • San Pedro, CA 90731
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Faits saillants de l'investissement
- Develop either a 10-unit multifamily income project (duplexes + ADUs) or a 10-home SB 1123 fee-simple subdivision, both through ministerial approvals
- The property lies within a federal Qualified Opportunity Zone, creating potential capital gains tax advantages for eligible investors and developers.
- The assemblage consists of two separately conveyable parcels totaling ±13,799 SF, allowing investors to acquire, and develop.
- Offered at $125 per land square foot, the site is priced below recent San Pedro development land sales averaging approximately $162 per SF
- Benefits include TOC Tier 2 eligibility, AB 2097 parking flexibility, AB 2334 Very Low-VMT incentives, and Housing Element designation.
- Situated near the West Harbor waterfront redevelopment, Port of Los Angeles, Downtown San Pedro retail corridor.
Résumé de l'annonce
The LAAA Team is pleased to present 631–637 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, 631–637 W 6th Street presents a compelling opportunity for builders, multifamily investors, and for-sale housing developers alike.
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, 631–637 W 6th Street presents a compelling opportunity for builders, multifamily investors, and for-sale housing developers alike.
Faits sur la propriété
| Prix | 2 418 329 $ CAD | Utilisation proposée | Unités d’appartements |
| Type de vente | Investissement | Taille totale du lot | 0,12 AC |
| Nombre de lots | 1 | Nombre d’étages | 1 |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Sous-type de propriété | Résidentiel | ||
| Zonage | C2-2D-CPIO - C2-2D-CPIO | ||
| Prix | 2 418 329 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Unités d’appartements |
| Taille totale du lot | 0,12 AC |
| Nombre d’étages | 1 |
| Zone de développement économique |
Oui |
| Zonage | C2-2D-CPIO - C2-2D-CPIO |
1 Lot disponible
Lot
| Prix | 2 418 329 $ CAD | Taille du lot | 0,12 AC |
| Prix par AC | 21 028 949,62 $ CAD |
| Prix | 2 418 329 $ CAD |
| Prix par AC | 21 028 949,62 $ CAD |
| Taille du lot | 0,12 AC |
1 1
Moyennement accessible à pied
60/100
Très bien adapté aux voitures
80/100
Transports en commun relativement accessibles
40/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 773 920 $ CAD | |
| Évaluation du terrain | 1 578 193 $ CAD | Évaluation totale | 2 352 113 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 578 193 $ CAD
Évaluation des bâtiments
773 920 $ CAD
Évaluation totale
2 352 113 $ CAD
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631 W 6th St - Qualified Opportunity Zone Development Site
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