1100 S Pacific AVE Active Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25028623
Year Built 1923
Annual Tax Amount $20,263
Tax Year 2024
Lot Size 0.344 Acres
Property Sub-Type Retail
Property Description
This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 6.00%+ CAP rate in the first year. With all leases set to expire by mid-2027 or sooner, the property provides flexibility for future development. Zoned for potential multifamily or mixed-use projects (subject to CPIO limits), it offers long-term value beyond its current retail income. The property also features a spacious parking lot with 25 spaces (5:1 parking ratio), ensuring convenience for tenants and customers alike.
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning C2
Interior
Heating None
Cooling None
Laundry None
Exterior
Utilities Available Cable Connected,Electricity Connected,Natural Gas Available,Phone Connected,Sewer Connected,Water Connected
Building
Lot Description Corner Lot,Level
Story 1
Water Public
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard