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This unique development opportunity combines three distinct properties on threeseparate parcels into one comprehensive development opportunity zoned C2, allowingfor commercial uses, apartments, or a mix of both. The combined lot permits a 3-storystructure with a 45-foot height limit and a floor area ratio of 1.5 to 1, yielding a potentialdevelopment area of 28,800 square feet before density bonuses. Existing structures inthis offering includes a 3,769 square foot fully built-out dental office featuring seven examrooms, an orthodontic bay with four chairs, a lab room, an X-ray room, three offices, abreak room, three bathrooms, a storage area, and a reception lobby. Additionally, a 1,077-square-foot house built in 1909 with two bedrooms and one bath adds to the property'sversatility. The third parcel is vacant land.Situated in the Central Business District of San Pedro, this property benefits from highvisibility on a major thoroughfare. It is located near key landmarks, including the LittleCompany Providence Hospital and West of Gaffey. The area is part of an opportunityzone, providing potential tax incentives for new developments. The CPIO requirementsensure a balanced commercial use, making it ideal for a variety of development plans.
Last Updated | 8/29/2024 | Year Built | 1909 |
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Community | Holy Trinity | County | Los Angeles |
Additional Details
AREA | Holy Trinity |
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LOT | 0.44 acre(s) |
LOT DESCRIPTION | Landscaped, Rectangular Lot, Street Level |
LOT DIMENSIONS | 160x180 |
STORIES | 1 |
UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
WATER | Public |
ZONING | C2 IVL - CPIO |
Location
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