392 W 7th St San Pedro, CA 90731
Estimated payment $4,474/month
About This Lot
Located at the corner of West 7th Street and Mesa Street in San Pedro, this 4,822 square foot parcel offers a rare opportunity for flexible development in a thriving coastal community. Zoned CM-2 with hybrid zoning, the site allows for manufacturing, commercial, mixed-use, or residential (apartments/condos) uses—making it ideal for a wide range of projects. Currently serving as a private parking lot, the property is primed for redevelopment.
The parcel is part of the San Pedro CPIO Overlay Central District E, which permits a generous 4:1 Floor Area Ratio (FAR), offering significant buildable potential. Its designation within a federal Opportunity Zone provides substantial tax advantages for long-term investors, while the Harbor Gateway State Enterprise Zone offers potential economic incentives that further boost project feasibility.
Ideally situated near the Port of Los Angeles and downtown San Pedro, the property benefits from proximity to major transit routes and is surrounded by a blend of residential and commercial developments. With strong fundamentals and unmatched zoning flexibility, this site presents a compelling opportunity for developers looking to invest in a neighborhood on the rise.
Listing Agent
Re/Max Commercial & Investment Brokerage Email: slampe@remaxcir.com License #01164364 Listed on: 07/08/2025
Property Details
Property Type
- Land
Lot Details
- 4,822 Sq Ft Lot
- Corner Lot
- Property is zoned LACM
Utilities
- No Utilities
Listing and Financial Details
- Legal Lot and Block 30 / 40
- Assessor Parcel Number 7455012028
- $922 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Rain Gutters
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $695,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25152812
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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