631 W 6th St - Significant Price Reduction | Vacant | OZ Lot • Résidentiel • 0,32 Acres • 2 036 783 $ CAD • San Pedro, CA 90731

631-637 W 6th Street presents the opportunity to acquire a ±13,799-square-foot assemblage consisting of two contiguous C2-2D-CPIO parcels in Central San Pedro. Offered and valued as a land redevelopment opportunity, the property benefits from two identified by-right development pathways that reduce entitlement uncertainty and provide flexibility for a range of residential development strategies. The assemblage may be acquired together or as separate parcels, expanding the potential buyer pool and allowing investors, builders, and developers to pursue multiple execution strategies.
The site is positioned within San Pedro's evolving urban core, with convenient access to downtown retail, dining, major transportation corridors, the Port of Los Angeles, and the expanding West Harbor waterfront destination. West Harbor's ongoing redevelopment, including a 6,200-seat amphitheater, entertainment venues, dining concepts, and public waterfront improvements, continues to bring investment and activity to the surrounding area. The property also benefits from proximity to the Harbor region employment base and regional connectivity via the 110 Freeway.
Development feasibility is further supported by a combination of planning and legislative incentives, including Qualified Opportunity Zone designation, TOC Tier 2 eligibility, AB 2097 parking flexibility, and very-low-VMT considerations referenced in the offering materials. Existing zoning permits multifamily residential uses, and the site is identified within the Housing Element framework. For developers seeking a land basis with multiple execution options, the assemblage offers flexibility, location advantages, and a pathway to residential development in one of Los Angeles' most active waterfront submarkets.