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32236155
32236156

1661 South Crescent Avenue, Los Angeles, CA 90731 For Sale

SS
CA CA 02061119
Avarnka Real Estate, Inc.
Listed by Avarnka Real Estate, Inc.
$3,999,000
78 days on market
Updated 78 days ago

1661 South Crescent Avenue

Details
Property Type Land
Sub Type Residential
Square Footage 20,534
Class A
Zoning LAR3
Investment Type Redevelopment

11 HOME RTI READY PROJECT IN SAN PEDRO WATER VIEW

Marketing description

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.https://www.1661crescent.site/?om

Investment highlights

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.https://www.1661crescent.site/?om

Listing Contacts

SS
CA CA 02061119
Avarnka Real Estate, Inc.
Listed by Avarnka Real Estate, Inc.

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Additional Information

Name
Suminda Sellahewa
License
CA 02061119
Brokerage
Avarnka Real Estate Inc
Brokerage Phone
3106211563
Title
CEO
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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