631 W 6th St San Pedro, CA 90731
Estimated payment $10,807/month
About This Lot
We are pleased to present 631-637 W 6th Street, a near RTI mixed-use development located in the heart of San Pedro, California. This prime 0.32-acre site sits within a designated Opportunity Zone and is 98% through the approval process, requiring only final adjustments to the garage access to obtain full RTI permits. The approved plans call for a five-story, 29,865-square-foot building featuring 39 residential units and ground-floor retail. The residential component is designed to capture strong renter demand with a diverse unit mix of 27 studio apartments, six one-bedroom units, and six two-bedroom units. The ground floor includes approximately 781 square feet of retail frontage, enhancing street activation and long-term income potential. Parking is efficiently provided through a podium structure spanning the first two floors, delivering 53 total spaces including ADA, EV-ready, and compact stalls aligning with modern code requirements and tenant expectations. With zoning (C2-2D-CPIO) allowing for exactly 39 units by right, this project maximizes density while remaining compliant with the San Pedro Community Plan Implementation Overlay. Positioned in the heart of Downtown San Pedro, the site benefits from ongoing revitalization efforts, proximity to the Port of Los Angeles, and billions of dollars in infrastructure and commercial investments. With strong fundamentals, Opportunity Zone tax benefits, and near RTI status, this project offers investors a rare opportunity to capitalize on San Pedro's growth trajectory.
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,900
Lot Details
- 0.32 Acre Lot
- Property is zoned LAC2
Listing and Financial Details
- Assessor Parcel Number 7451-036-007
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,900 | $1,044,546 | $719,817 | $324,729 |
2024 | $12,900 | $1,024,065 | $705,703 | $318,362 |
2023 | $12,656 | $1,003,986 | $691,866 | $312,120 |
2022 | $12,079 | $984,300 | $678,300 | $306,000 |
2021 | $11,927 | $965,000 | $665,000 | $300,000 |
2020 | $4,405 | $318,576 | $273,518 | $45,058 |
2019 | $4,249 | $312,330 | $268,155 | $44,175 |
2018 | $4,104 | $306,207 | $262,898 | $43,309 |
2017 | $4,019 | $300,204 | $257,744 | $42,460 |
2016 | $3,905 | $294,319 | $252,691 | $41,628 |
2015 | $3,853 | $289,899 | $248,896 | $41,003 |
2014 | $3,843 | $284,221 | $244,021 | $40,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | For Sale | $1,800,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,550,000 | Chicago Title Company | |
Quit Claim Deed | -- | Provident Title Company | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available |
Source: The MLS
MLS Number: 25587593

APN: 7451-036-007
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