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+15624180777
Berkshire Hathaway
392 7th Street, San Pedro, CA 90731
- $705,000
- Sold Price
- $705,000
- List Price
- $695,000
- Closing Date
- Nov 07, 2025
- Status
- CLOSED
- MLS#
- SB25152812
- Lot Size
- 4,822
- Acres
- 0.11
- Lot Location
- Corner Lot
- Days on Market
- 20
- Property Type
- Land
Property Description
Located at the corner of West 7th Street and Mesa Street in San Pedro, this 4,822 square foot parcel offers a rare opportunity for flexible development in a thriving coastal community. Zoned CM-2 with hybrid zoning, the site allows for manufacturing, commercial, mixed-use, or residential (apartments/condos) uses—making it ideal for a wide range of projects. Currently serving as a private parking lot, the property is primed for redevelopment. The parcel is part of the San Pedro CPIO Overlay Central District E, which permits a generous 4:1 Floor Area Ratio (FAR), offering significant buildable potential. Its designation within a federal Opportunity Zone provides substantial tax advantages for long-term investors, while the Harbor Gateway State Enterprise Zone offers potential economic incentives that further boost project feasibility. Ideally situated near the Port of Los Angeles and downtown San Pedro, the property benefits from proximity to major transit routes and is surrounded by a blend of residential and commercial developments. With strong fundamentals and unmatched zoning flexibility, this site presents a compelling opportunity for developers looking to invest in a neighborhood on the rise.
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Additional Information
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Stephen Lampe (slampe@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.
Listing sold by Fred DiBernardo from Fred DiBernardo
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.