This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
511 S Harbor Blvd
San Pedro, CA 90731
511 S Harbor (High Rise) · Land For Sale
·
0.76 AC
INVESTMENT HIGHLIGHTS
- Zoning Allows For a Project of Six to Twenty Stories
- Amazing Waterfront Views
- One Billion to be Invested by 2026 on the Los Angeles Waterfront
- High-Density Floor Area Ratio (FAR) of 6:1
- Over 140 Feet of Frontage on Harbor Boulevard
PROPERTY FACTS
DESCRIPTION
Marcus & Millichap is pleased to be the exclusive agent in the sale of 511 South Harbor Boulevard in San Pedro, California. This high density development opportunity is located in the “Regional Center” of the San Pedro Community Plan. The zoning and CDO allows for substantial density and floor area ratios of six to one and building heights of six to twenty stories. The 33,285-square foot lot is located on the corner of Harbor Boulevard and 5th street, which is a central location for San Pedro and boasts a Walk Score of 86. The zoning for the property is C2-2-CDO and has a Tier Two designation in regards to the newly implemented (TOC) Transit Oriented Communities. San Pedro and Harbor Boulevard in particular are being targeted for a massive revitalization. There has been a recent injection of major capital into the city from private and public sources. Some of the improvements taking shape currently include the Harbor Boulevard Roadway Improvement Project. Construction is expected to be complete in 2018 at a total project cost of $14.8 million, paid by the Port of Los Angeles, including $4.9 million in grant funding from Los Angeles County Metropolitan Transportation Authority (Metro).
PROPERTY TAXES
| Parcel Number | 7455-026-051 | Improvements Assessment | $8,180,400 |
| Land Assessment | $8,516,194 | Total Assessment | $16,696,594 |
PROPERTY TAXES
