788 Summerland, San Pedro, CA 90731

$2,250,000
List Price
$2,250,000
Status
ACTIVE
MLS#
SB21032784
Lot Size(apprx.)
11,721

Property Description

ATTENTION DEVELOPERS FAMILIAR WITH LOS ANGELES CITY DENSITY BONUS OPPORTUNITY!! RARE NEARLY 12000 SQUARE FOOT, LEVEL VACANT CORNER LOT CURRENTLY ENTITLED FOR 14 APARTMENT UNITS. HOWEVER, CONTACT CITY FOR THE POSSIBILITY OF A DENSITY BONUS TO ALLOW 21 UNITS. ALL CITY FEES AND IMPROVEMENTS HAVE BEEN ALREADY PAID FOR BY SELLER. PRIME LOCATION FOR EITHER APARTMENT OR CONDOMINIUM DEVELOPMENT. UPPER LEVEL UNITS SHOULD OFFER VINCENT THOMAS BRIDGE, INNER HARBOR AND CITY LIGHTS VIEWS. NEAR BUS LINE AND FREEWAY ACCESS.

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Courtesy of Fred DiBernardo, Fred DiBernardo.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.