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537 Nelson , San Pedro, CA 90731
$2,750,000
Est. Payment: $13,837.57/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House 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 redevelopmenta 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 Pedros growing arts districthome to galleries, boutiques, restaurants, and the monthly Art Walkthe project benefits from strong community character and economic momentum. As part of the Port of LA, this transit-oriented develo
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Highlights

Listed by Cynthia Burts , 310-308-8003 Burts & Associates , 310-308-8003. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land
Lot/Acreage
0.27

County

Los Angeles

Listing ID

SR26146138

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$13,838
Taxes
$1,753

Home Price

$2,750,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,837.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,837.57 $1,753.13 $0.00 $15,590.69
Yearly $166,050.78 $21,037.50 $0.00 $187,088.28
Total $4,981,523.49 $631,125.00 $0.00 $5,612,648.49

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (San Pedro, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-09T00:22:00.000Z

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