Lyon Stahl is pleased to present 847–879 W 10th Street, a fully entitled and RTI residential development opportunity in San Pedro, offered at $3,500,000.
The ±28,800 SF site is approved for the development of 19 new for-sale small-lot residences, consisting of 18 market-rate homes and one Very Low Income residence. The approved development features 3- and 4-bedroom floor plans averaging approximately 1,912 SF, with three-story designs, roof decks, private two-car garages, and five additional guest parking spaces.
With entitlements and building plan review substantially completed, the opportunity provides a developer with a defined residential program positioned to move toward construction without the entitlement and plan-check timeline associated with an unapproved development site.
The property is located in San Pedro near the LA Waterfront, Port of Los Angeles, West Harbor, and AltaSea. The surrounding waterfront is undergoing significant public and private investment, highlighted by the ongoing development of West Harbor, a major new dining, retail and entertainment destination along the LA Waterfront. The location also provides convenient access to Downtown San Pedro, major South Bay employment centers, and the broader Los Angeles freeway network.