CBRE, Inc., as exclusive advisor to the seller, is pleased to present 25828 President Ave. in the Harbor City submarket of Los Angeles. This rectangular site of approximately ±.23 acres (10,006 SF) has a Zoning designation of LAMR1. Two residential units are on the property, one of which will be delivered vacant upon the close of escrow. The site’s zoning and lot area provide attractive owner/user and redevelopment opportunities. Buyer to verify density and other requirements including potential state, local and/or transit-based bonuses. With over 148,544 households within a 5-mile radius and increasing levels of educational achievement and housing prices, the Harbor City market has a large qualified tenant base that is undeserved by the current aging housing supply. Additionally, the market skews younger, relatively, with Millennials and Gen Z making up nearly 45% of the population within a 5-mile radius. Harbor City, which is a part of the Central South Bay submarket, including Hawthorne, Gardena, Lawndale, and Torrance, is a growth market with just 3.4% multifamily vacancy currently (per CoStar) and a negligible number of construction starts. The average asking price of residential rents are around $2,000 with a 1.3% average rent gain during the past 12 months. The South Bay market has seen an average market pricing per unit of $310,000/unit (per CoStar). Industrial rents could rise again in 2025 as the minimal development on track to deliver a year from now signals the potential for market conditions to tighten again as demand improves, current asking rates range from $1.50 to $1.75 (per CoStar). 25828 President Ave. sits nearby Harbor Park Golf Course, Kaiser Permanente Medical Center, and is less than 10 miles from the scenic Palos Verdes and the Port of Long Beach. The famous Rolling Hills Country Club is less than 2 miles from the property. Popular shopping stores like Trader Joes, Whole foods, and multiple educational institutions like Los Angeles Harbor College and Harbor City Elementary are all easily accessible from 25828 President Ave which makes this site highly appealing to developers.