801 Oro Terrace, San Pedro, CA 90731

• 12 beds |
• 12 baths |
• 7,908 sqft

Property Description

BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes. Unparalleled "view" potential for a Builder. Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths. And a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also. The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger. ASSUMABLE LOAN:80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033.*SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW.EXCLUSIVELY LISTED AT $3,399,000.

Listing Status:

Active

Date Added:

October 22, 2025 at 05:00AM

Listing Office:

CBRE, Inc. : 310-363-4900

Listing Agent:

Brice Head : 310-363-4900

MLS ID:

25609801

Interior

• General: Ceiling Fan(s)
• Appliances: Refrigerator
• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Attached CarportParking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LARD1.57458004015

Financial

• Source: CRMLS_CL

This listing courtesy of Brice Head, CBRE, Inc.