Price Reduction - Waterfront
Address
611 W 9th Street San Pedro, CA
Price
$ 1,589,000
Property Attributes
  • MLS#PV21083429
  • TypeCommercial
  • CountyLOS ANGELES
  • CitySan Pedro
  • AreaPlaza
  • Zip90731
  • StyleOffice
  • Price$ 1,589,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Michael Harper with Keller Williams Palos Verdes.
Data Source:
CRMLS
Property Description

Located on a high visibility corner lot, this 9 unit commercial building offers a substantial investment opportunity. Zoned LAC2 with three separate buildings totaling over 7,000sf of storefront and office space. Longer-term tenants with ample parking (approx 9 spaces) in gated rear lot (just under 15,000sf) with accessibility from Grand Ave.  Just below Gaffey, which is the main artery off the 110 fwy into San Pedro.  Minutes from Historic Downtown San Pedro Business District and the Los Angeles Waterfront.  Potential for rezoning and/or the continued development of current commercial uses. Current monthly income (1 vacancy) is $7,450 with annual income of $89,400. Perfect for the owner-operator that would like to own with the benefit of ongoing rental income. APN includes the following addresses: 601-615 W 9th St. & 915-919 S Grand Ave.

Price History
4/23/2021 Listed $1,675,000
6/11/2021 6% - $1,589,000

General Features

Business Type Barber/Beauty, Clothing, Commercial, Health Services
Co-Listing Agent State License # 01897455
Construction Materials Stucco
Cooling Central Air
Listing Agent Michael Harper - BRE#01381971
Listing Agent State License 01381971
MLS Area 185 - Plaza
Open Parking Spaces 9
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Special Listing Conditions Trust
Terms Submit
Total Units 9
Utilities Electricity Connected, Sewer Connected, Water Connected
Virtual Tour https://youtu.be/hWjYGjSsR0s
Virtual Tour https://youtu.be/mSV2kH7tTT4
Water Sewer Expense 200
Zoning LAC2

Interior Features

Air Conditioning Y/N Yes
Laundry Features None

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.34
Lot Size Area 14864
Lot Size Source Assessor
Lot Size Square Feet 14864
Lot Size Units Square Feet
Number of Buildings 3
Total Parking 9
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90731

Price
AVG $650K
$1.59M
Visits
AVG 72
12
Year Built
AVG 1949
1940
Walkscore
AVG 85
92
Data Provided by Walkscore ® not using MLS data

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