2019 S Crescent Ave 520 SF Industrial Building San Pedro, CA 90731 $699,900 ($1,345.96/SF)

Fabulous opportunity to acquire a very unique property situated just a short distance from the West Harbor waterfront development that is in full swing and scheduled to have it's Grand Opening in 2026. The property is zoned LAMR1 which per the attached Zoning Regulation Summary means the property can be used for Manufacturing, Commercial, Multi-Family Residential and Single Family Residential (buyer to verify with local government agencies). There currently is a building that can be used as a home, office or combination of both. It is currently used as office/storage space for the existing tenant who operates a construction business. Tax rolls show the structure as being a 2 bedroom 1 bath home so it can be used in multiple ways. Huge fenced yard offers plenty of room to part trucks, equipment and whatever else you might need room for. Crescent Ave sits on a rim offering wonderful views of the harbor, marina and walking trails. Commercial yard space is becoming extremely hard to find, especially in this kind of location, so this is a great opportunity for an owner-user. Don't miss it! (Photos being shown are from when property was occupied by previous tenant). See Summary of Zoning Regulations in Supplements for additional zoning information. SELLER IS TRYING TO COMPLETE A REVERSE 1031 EXCHANGE AND IS MOTIVATED TO GET THIS SOLD!!