537 Nelson, San Pedro, CA 90731

San Pedro
Local realty services provided by:ERA North Orange County Real Estate
537 Nelson,San Pedro, CA 90731
$2,750,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: cynthia burts
Office: burts & associates
MLS#:SR26146138
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,750,000

About this home

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...

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Home facts

  • Listing ID #:SR26146138
  • Added:1 day(s) ago
  • Updated:July 06, 2026 at 11:42 PM

Finances and disclosures

  • Price:$2,750,000
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