2019 S Crescent Ave, San Pedro, CA 90731

Fabulous opportunity to acquire a very unique property situated just a short distance from the West Harbor waterfront development that is in full swing and scheduled to have it's Grand Opening in 2026. The property is zoned LAMR1 which per the attached Zoning Regulation Summary means the property can be used for Manufacturing, Commercial, Multi-Family Residential and Single Family Residential (buyer to verify with local government agencies). Ther currently is a building that can be used as a home, office or combination of both. It is currently used as office/storage space for the existing tenant who operates a construction business. Crescent Ave sits on a rim offering wonderful views of the harbor, marina and walking trails. Tenant's lease runs through May, 2027 but if you look at the bright side it provides income while you get through the planning and permitting process for whatever you would like to build here. See Summary of Zoning Regulations in Supplements for additional zoning information. SELLER WILL CONSIDER CARRYING THE LOAN FOR A 3-5 YEAR PERIOD WITH A MINIMUM OF 30% DOWN.