1457 1st, San Pedro, CA 90732

Description

MAKE YOUR BEST OFFER! Exceptional opportunity to expand on this 3-bed, 2-bath, 1,547 square foot fixer home sitting on 3 lots (assigned a single APN number) totaling 9,525 square feet. A potential developer could envision adding SFRs and/or ADUs with LA City Planning Department approval. LA City Planning office states that 3 addresses have already been assigned to the lot, including 1457. Buyer to verify potential building and subdividing possibilities with LA City Planning Office. As a reference, potential builder/investors should look at the property next door (aerial picture included in MLS pictures) whereby the developer erected 3 single family homes on the same lot. One could consider building 2-story homes with over 2,000 square feet. Or, build your own paradise home with casita and backyard perfect for relaxing and entertaining. Plenty of room for a BBQ and swimming pool! Close proximity to Peck Park, Cabrillo Beach, local dining, 110 Freeway, Vincent Thomas bridge, and the upcoming West Harbor Development, which will span approximately 42 acres and comprise roughly 300,000 square feet of retail, dining, and entertainment space, including a proposed open-air 6,200 seat amphitheater and 1-mile long promenade. Now would be a great time to build prior to the completion of West Harbor which will be bringing new jobs and increased demand for housing.

Features

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• 0.22 Acres
• 1 Story