See all 8 photos
8 photos
Additional details
Listed by Stephen Lampe • Re/Max Commercial & Investment
$1,565,000
Est. payment /mo
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $326
MLS Listing ID CRSB25028623
HOA Y/N No
Year Built 1923
Lot Size 0.344 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 6.50%+ 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
Interior
Heating None
Cooling None
Fireplace No
Building
Water Public
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION
Vicky Van Brocklin
Broker | License ID: 01512910
Quick Search
- Homes For Sale in Oakland, CA
- Homes For Sale in Walnut Creek, CA
- Homes For Sale in Concord, CA
- Homes For Sale in Livermore, CA
- Homes For Sale in Pleasanton, CA
- Homes For Sale in Berkeley, CA
- Homes For Sale in San Ramon, CA
- Homes For Sale in Dublin, CA
- Homes For Sale in Martinez, CA
- Homes For Sale in Danville, CA
- Homes For Sale in Pleasant Hill, CA
- Homes For Sale in Alamo, CA