Located a short distance from one of the most exciting waterfront redevelopment projects in Los Angeles. The $ 150 million first wave of the redevelopment led by The Ratkovich Company and Jerico Development would include more than 150,000 square feet of new shops and restaurants, 30,000 square feet of office space for maritime-related businesses, and the restoration of 89,000 square feet of the existing wharf and floating dock space. Other exciting projects in the area include The VUE (a 16-story condo property about a mile away) and a 37-unit apartment building, including 16 apartments for very low-income households, on a San Pedro property on the Los Angeles Waterfront, not far from the Battleship USS Iowa Museum. San Pedro is the most affordable water-front real estate markets in the Los Angeles area, buy now before the secret gets out!