Investment Overview

Marcus and Millichap is pleased to present 302 N Pacific Ave, San Pedro, CA 90731. This mixed-use development project spans a 10,424-square-foot (0.24 acre) corner lot. The 100% approved and RTI plans outline a total buildable floor area of 15,858 square feet across three stories. The residential section includes 26 units with a mix of 20 studio units (averaging 450 sq ft), 4 one-bedroom units (550 sq ft), and 2 live/work units (750 sq ft). The ground floor features approximately 767 square feet of commercial space, providing visibility and accessibility along Pacific Avenue. Parking is distributed across the ground floor and one subterranean level, totaling 13,354 square feet and accommodating 28 stalls. This includes standard stalls, accessible stalls, and EV-ready spaces per city code requirements. The project is 100% RTI, with the only remaining item being payment of the new hydrant fee (approximately $35,000). The buyer will need to engage with the architect to prepare the modifications and finish the permitting process.