$3,999,000

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.