$1,500,000

302 N Pacific Ave Los Angeles, CA 90731

Estimated payment $9,575/month

0.24 Acre
$6,268,282 Price per Acre
10,425 Sq Ft Lot

About This Lot

We are pleased to present 302 N Pacific Ave in San Pedro, California. This mixed-use development project spans a 10,424-square-foot (0.24 acre) corner lot. The 100% approved and RTI plans outline a total buildable floor area of 15,858 square feet across three stories. The residential section includes 26 units with a mix of 20 studio units (averaging 450 sq ft), four (4) one-bedroom units (550 sq ft), and two (2) live/work units (750 sq ft). The ground floor features approximately 767 square feet of commercial space, providing visibility and accessibility along Pacific Avenue. Parking is distributed across the ground floor and one subterranean level, totaling 13,354 square feet and accommodating 28 stalls. This includes standard stalls, accessible stalls, and EV-ready spaces per city code requirements. The project is 100% RTI, with the only remaining item being payment of the new hydrant fee (approximately $35,000). The buyer will need to engage with the architect to prepare the modifications and finish the permitting process.

Listing Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 08/28/2025

Co-Listing Agent

Glen Scher

Marcus & Millichap License #01962976

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,580

Lot Details

  • 10,425 Sq Ft Lot
  • Property is zoned LAC2

Listing and Financial Details

  • Assessor Parcel Number 7449-011-026

Property Details

Property Type

Land

Est. Annual Taxes

$17,580

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2393
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 8333.33

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 7449-011-026
  • Lot Size Area: 10425

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,580 $1,434,221 $1,407,161 $27,060
2024 $17,580 $1,406,100 $1,379,570 $26,530
2023 $17,245 $1,378,530 $1,352,520 $26,010
2022 $16,459 $1,351,500 $1,326,000 $25,500
2021 $16,277 $1,325,000 $1,300,000 $25,000
2020 $4,011 $275,548 $274,180 $1,368
2019 $3,776 $270,146 $268,804 $1,342
2018 $3,528 $264,850 $263,534 $1,316
2016 $3,308 $254,567 $253,301 $1,266
2015 $3,261 $250,744 $249,497 $1,247
2014 $3,284 $245,833 $244,610 $1,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $1,500,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,325,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- Accommodation
Grant Deed -- --
Individual Deed -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $249,000 Commercial
Previous Owner $180,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25587645

The MLS

APN: 7449-011-026