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302 N Pacific Ave - RTI Project | 26 Apartments + Retail 0.24 Acres of Residential Land Offered at $1,500,000 in San Pedro, CA 90731
INVESTMENT HIGHLIGHTS
- RTI Development Opportunity – 100% approved and shovel-ready project with only hydrant fee payment remaining (~$35,000).
- Modern Parking Solution – 28 total stalls, including EV-ready and ADA-compliant spaces, exceeding city code requirements.
- Strong Economic Drivers – Anchored by the Port of Los Angeles, supporting over 136,000 local jobs and $2.6 billion in infrastructure investment.
- Mixed-Use Design – 26 residential units with a mix of studios, one-bedrooms, and live/work units plus 767 SF of ground-floor commercial space for a
- Prime Coastal Location – Located in the heart of San Pedro near downtown revitalization, beaches, parks, cultural attractions, and the World Cruise
PROPERTY FACTS
| Price | $1,500,000 | Proposed Use | Apartment Units |
| Sale Type | Investment | Total Lot Size | 0.24 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | C2-1VL-CPIO | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.24 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | C2-1VL-CPIO |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 0.24 AC |
| Price Per AC | $6,276,150.63 |
| Price | $1,500,000 |
| Price Per AC | $6,276,150.63 |
| Lot Size | 0.24 AC |
DESCRIPTION
The LAAA Team of Marcus & Millichap is proud to present 302 N Pacific Avenue, a fully entitled mixed-use development project in the heart of San Pedro, California. Situated on a 10,424-square-foot corner parcel, the project is 100% RTI with approved plans and represents a rare opportunity to deliver high-quality housing and retail in one of Los Angeles’ most historic coastal communities. The project calls for 26 residential units across three stories, complemented by ground-floor commercial space and ample subterranean and ground-level parking. The residential mix includes 20 studios, four one-bedrooms, and two live/work units, thoughtfully designed to meet strong local rental demand. With a total buildable floor area of 15,858 square feet, the property is well-positioned for both long-term stability and appreciation. San Pedro continues to benefit from robust economic drivers including the Port of Los Angeles, international trade, cruise tourism, and ongoing revitalization of its downtown core. This opportunity combines RTI development efficiency with a prime location in a market experiencing sustained investment and population growth.
PROPERTY TAXES
| Parcel Number | 7449-011-026 | Improvements Assessment | $27,060 |
| Land Assessment | $1,407,161 | Total Assessment | $1,434,221 |
PROPERTY TAXES
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302 N Pacific Ave - RTI Project | 26 Apartments + Retail
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