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$2,750,000

For Sale

18 hours ago

537 Nelson, San Pedro, CA

House

MLS® SR26146138

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes 
Days Active 0
Lot Size 0.2668 Acres
Approx. Age 
MLS® Number SR26146138

Property Address: 537 Nelson, San Pedro, CA, 90731

Average square foot calculated using Size range provided by listing agent.

Description

Burts and Associates is proud to present 537 Nelson Street, San Pedro. MAJOR $1, 450, 000 PRICE REDUCTION - Now $28, 061 Per Unit - BRING OFFERS. Fully Entitled and Shovel-Ready, This Project is Approved for Immediate Construction, Providing an Opportunity to Begin Development without Entitlement Delays. 100% ED-1 Affordable Mixed-Use Development in the Heart of Historic Downtown. This RTI-ready project has final ED1 approval for 98 units under AB 1763, AB 2345, and AB 2097, offering an immediate close opportunity for a high-impact affordable housing investment. The six-story, Type III wood-frame building over a concrete podium includes a highly efficient unit mix: 49 one-bed/one-bath units (350 SF) and 49 studio/one-bath units (260 SF). Each unit is thoughtfully designed to maximize livability in a compact footprint, making it ideal for urban tenants. The development also features ground-floor commercial space, community amenities, and secure bicycle parking, enhancing both resident experience and long-term value. Strategically located near the major transit hub at 7th & Mesa, the property offers excellent walkability to the West Harbor redevelopment—a future entertainment and dining destination on the LA Waterfront. The location is also steps from cultural landmarks like the Battleship Iowa Museum, LA Cruise Terminal, and Maritime Museum. Set within San Pedro’s growing arts district—home to galleries, boutiques, restaurants, and the monthly Art Walk—the project benefits from strong community character and economic momentum. As part of the Port of LA, this transit-oriented development is positioned in one of Southern California’s most dynamic coastal urban corridors. All Plans, Engineering, Renders, and other Related Materials are Included in the Sale.
MLS® NumberSR26146138
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 6, 2026List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
537 Nelson, San Pedro, CA

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