1100 S Pacific AVE, San Pedro, CA 90731
1100 S Pacific AVE, San Pedro, CA 90731
1100 S Pacific AVE, San Pedro, CA 90731
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$ 1,565,000
Est. payment | /mo

0.34 Acres Lot


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$ 1,565,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB26037796

HOA Y/N No

Year Built 1923

Annual Tax Amount $19,985

Tax Year 2025

Lot Size 0.344 Acres

Lot Dimensions Assessor

Property Sub-Type Retail

Property Description

This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 7.00%+ CAP rate in the first year of ownership on current rents as of February 2026, after accounting for operating expenses including offsite management and a vacancy reserve of 4%. The actual CAP rate on current rents could higher than 7.00% for the first year. The majority of the tenants are long term tenants on short term Modified Gross leases of 5 years or less. The property provides flexibility for future development. Zoned C2 which allows R4 Zoning uses for potential multifamily or mixed-use projects (subject to CPIO limits). This investment 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

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 25

Building

Lot Description Corner Lot, Level

Story 1

Water Public

Others

Tax ID 7456007046

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Stephen Lampe Re/Max Commercial & Investment [email protected], DRE #01164364
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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1100 S Pacific AVE