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$995,000
3 Beds ⋅ 4 Baths ⋅ 26862921 MLS
2 of 4 UNITS DELIVERD VACANT! 372 W 11th St, a 4-unit multifamily property in the San Pedro submarket of Los Angeles. The property offers investors an excellent opportunity in a tight coastal rental market, combining immediate rental upside with substantial ADU expansion potential. The property encompasses approximately 3,151 square feet on a .11 acre lot and features a unit mix of (3) 1BR/1BA units and (1) Studio + Den/Office unit. Two of the four units are delivered vacant and fully remodeled. Ownership carries out numerous capital improvements in recent years, including a full roof and plumbing replacement. The drain line is fully updated, and water supply plumbing is approximately 90% copper, reducing near-term capital needs for a buyer. The state required SB-721 balcony inspection has also been completed and passed. Units also have W/D hookups. The property also presents strong ADU potential (Buyer to Verify), with a preliminary site plan for 4 additional ADU units totaling approximately 2,140 square feet. This expansion would nearly double the property's footprint to 8 total units and 5,291 total square feet, offering a significant avenue for future income growth. Each existing unit includes a dedicated parking space, with a separate structure in the rear of the property. Ideally situated in the vibrant San Pedro submarket, the property benefits from proximity to the Port of Los Angeles, the revitalized downtown waterfront, and a growing corridor of retail and dining. Continued investment in waterfront amenities, along with proximity to Cabrillo Beach and Los Angeles Harbor College, supports strong and consistent rental demand from a diverse tenant base seeking coastal access at relative affordability within Los Angeles County.

372 W 11th St, San Pedro

Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser - CA DRE#02128816

$3,999,000
26827593 MLS
1661 S Crescent Ave is a fully entitled, plan-check cleared small-lot subdivision 11 new coastal single-family residences on a 20,532 SF corner parcel in San Pedro's harborfront district. Every approval is done. Permits are in final issuance. The site sits ~0.16 miles from the Main Channel with direct sightlines toward Cabrillo Way Marina from the Crescent/Beacon knoll. San Pedro's waterfront is in the middle of its most significant transformation in decades anchored by the 42-acre West Harbor entertainment and dining destination, alongside $1B+ in port-led civic investment. West Harbor opens 2026. This is not speculative. Permits are pulled. Tenants are signed. Steel is in the ground. In coastal Southern California, the land is not what you're paying for. The approvals are. Coastal Commission entitlements on harbor-adjacent parcels are functionally irreplaceable the regulatory environment has tightened, not loosened, over the past decade. The buyer of 1661 S Crescent is not buying raw land. They are acquiring 2 to 4 years of regulatory navigation, pre-cleared, fully permitted, and ready to build from day one. Please call me with any and all questions, I am absolutely reachable by phone or text.

1661 S Crescent St, San Pedro

Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa - CA DRE#01155576

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.