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1003 S Gaffey Street,  San Pedro CA, 90731

(Active)
$1,875,000
|
5,535 sqft
|
MLS# SB24095512
Last Updated: 6/11/2024 5:29 AM
Description for 1003 S Gaffey Street San Pedro, CA 90731
PRIME LOCATION RETAIL STRIP MALL in the heart of San Pedro and situated on one of the busiest corridors in San Pedro - Gaffey Street just 1 block south of 9th Street. This is a rare investment opportunity that only comes along once in a lifetime - jump on this offering now because you won't find anything like it in nearby coastal cities. This 10,923 sqft Corner Lot Shopping Center includes six fully leased retail spaces, anchored by a popular national brand ice cream retailer, 15 parking spaces and street access from both Gaffey St and 10th Street. The property was built in 1985 so it's relatively new for the area. The traffic count is exceptionally high due to Gaffey Street being the main thoroughfare in/out of town for the connection to the 110 Harbor Freeway. San Pedro is generating a lot of buzz lately with multiple multi family construction projects and the West Harbor development phasing in completion dates starting this summer through the end of 2025. This is the time to invest in the hidden gem of San Pedro. With the unparalleled visibility, convenience and upside income potential in one of Southern California's coastal communities, this income property is an extremely attractive opportunity for any investor looking to capitalize on or diversify their holdings.
Price
$1,875,000
Los Angeles
5,535 (approx)
SB24095512
Active
Description
PRIME LOCATION RETAIL STRIP MALL in the heart of San Pedro and situated on one of the busiest corridors in San Pedro - Gaffey Street just 1 block south of 9th Street. This is a rare investment opportunity that only comes along once in a lifetime - jump on this offering now because you won't find anything like it in nearby coastal cities. This 10,923 sqft Corner Lot Shopping Center includes six fully leased retail spaces, anchored by a popular national brand ice cream retailer, 15 parking spaces and street access from both Gaffey St and 10th Street. The property was built in 1985 so it's relatively new for the area. The traffic count is exceptionally high due to Gaffey Street being the main thoroughfare in/out of town for the connection to the 110 Harbor Freeway. San Pedro is generating a lot of buzz lately with multiple multi family construction projects and the West Harbor development phasing in completion dates starting this summer through the end of 2025. This is the time to invest in the hidden gem of San Pedro. With the unparalleled visibility, convenience and upside income potential in one of Southern California's coastal communities, this income property is an extremely attractive opportunity for any investor looking to capitalize on or diversify their holdings.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.25 Acres Assessor 5,535 (approx)
1985 1
Public
Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
None
Exterior / Lot Features
15 Parking Spaces, 0 Covered Parking Spaces,
130 X 84
LAC2
Level
0-1 Unit/Acre,Flat
Driving Directions
110 Harbor Fwy south; Exit to Gaffey St southbound; On righthand side at 10th & Gaffey.
Financial Considerations
7454014026
$19,203
Cash to Existing Loan
Listing Price History

San Pedro Real Estate

San Pedro is located in California. San Pedro, California 90731 has a population of 82,893.

The median household income in San Pedro, California 90731 is $59,296. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in San Pedro 90731 is 38 years.

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Listing Agent: Paul Falkenstein CalDRE: 01971193 - Henry Falkenstein & Assoc, 310-977-8403
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 6/11/2024 5:29 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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