302-314 North Pacific Avenue

302-314 North Pacific Avenue presents a rare opportunity to acquire a fully entitled, flat 0.24-acre parcel in the heart of San Pedro’s thriving waterfront district. Situated on a 15,858-square-foot lot (117 ft. frontage by 90 ft. depth), this site comes with entitlements in place for mixed-use development, positioning it for immediate groundbreaking. Offered at $1,500,000, this offering represents a compelling entry point into one of Los Angeles County’s most dynamic submarkets.

This property benefits from high visibility and easy access to the Port of Los Angeles, Catalina Express terminal, and the burgeoning waterfront retail and dining corridor. San Pedro has experienced notable residential and commercial growth in recent years, driven by infill development and expanding visitor amenities. With ground-floor retail or restaurant potential and upper-level residential or office uses, the site taps into strong demand trends for vibrant, walkable neighborhoods.

Key site features include a level build pad, 28 covered parking stalls, and immediate availability, eliminating protracted entitlement timelines. The lot’s Mixed-Use zoning allows for creative programming, from boutique residences over ground-floor retail to live/work lofts or professional office suites. Investors and owner-users alike will appreciate the reduced development risk afforded by existing entitlements and the property’s alignment with San Pedro’s approved urban design guidelines. Priced to reflect both the inherent upside and the cost savings of “shovel ready” status, this parcel stands ready for a visionary developer seeking to capitalize on Southern California’s long-term growth. For more information or to schedule a site tour, please contact the listing broker.